5232 Corteen Place 7, Valley Village, California 91607, Valley Village, 91607 - 2 bed, 2 bath
5232 Corteen Place 7
Valley Village, California 91607
Property Price
SUMMARY
Analysis of 5232 Corteen Place 7, Valley Village, California 91607 is currently available with a list price of $499,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Valley Village Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
While built in 1962, the condo has undergone extensive and recent interior renovations, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, quartz-like countertops, a new stainless steel farmhouse sink, and modern stainless steel appliances. Both bathrooms are updated with contemporary vanities, fixtures, and stylish tile work. Flooring throughout is modern LVP/laminate, and lighting has been updated with recessed lights and modern fixtures. However, the presence of visible window air conditioning units indicates a lack of central AC, which is a significant factor preventing an 'Excellent' rating, especially given the climate and the age of the overall building structure.
PROSSTRENGTHS & OPPORTUNITIES
- Extensively Updated Interior
The condo features recent upgrades including recessed lighting, a new stainless steel farmer's sink, new kitchen lights, and updated bathrooms, offering a modern and fresh living space.
- Desirable Community Amenities
Residents benefit from a courtyard complex with an inground pool and common patio area, enhancing the lifestyle and recreational options.
- Prime Valley Village Location
Situated in a private, secure community within the sought-after Valley Village area, offering good schools and a desirable neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =38354, other record lot size in square feet = 38432.
- Substantial Monthly Association Fees
The $516 monthly association fee is relatively high, which could be a significant ongoing cost for potential buyers.
- Building Age & Potential Infrastructure
Built in 1962, the complex is over 60 years old. While the unit is updated, the age of the overall building infrastructure could imply potential for future maintenance issues or special assessments.
About 5232 Corteen Place 7
Stop Renting! Having a house! This updated 2 bedroom 2 bath condo is located on the first floor of this private secure community located in Valley Village The master bedroom has a very gracious size walk in closet and attached updated bathroom. The 2nd bath is also updated with a fresh modern look. Private patio is located just off the generous size living area. Recessing lights, New stainless steet farmers sink, New lights entire kitchen.The courtyard complex with an inground pool and common patio area. One covered parking spot with quick access to the front. Well priced to sell. Don't miss this incredible opportunity to own a home in Versailles community of Valley Village!!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1962
- Lot Size
- 38,354 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $516.0 / Month
Neighborhood Insights
Valley Village Unified Schools
Burbank Boulevard Elementary School
Grades K-5 • 0.4 mi
John B. Monlux Elementary School
Grades K-5 • 1.1 mi
Lankershim Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,005 | 1,167.5 | 29% |
| Lot Size | 38,354 | 28,273 | 71% |
| Price | $499.0K | $607.5K | 38% |
| Price per sq ft | $497 | $501 | 46% |
| Built year | 1962 | 1978 | 4% |
| HOA | $516.0 | $505 | 54% |
| Days on market | 31 | 175 | 4% |
Pricing History
Listed for Sale
Feb 3, 2026
$499,000
Initial Listing
Sold
Oct 12, 2021
$460,000
Public Record
Sold
Jun 22, 2007
$305,000
Public Record