5437 Corteen Place 212, Valley Village, California 91607, Valley Village, 91607 - 1 bed, 1 bath
Loading property details...
Valley Village, California 91607
This Spacious Valley Village Condo is a Strong Value Opportunity, listed at $399,000—positioned well below the $441,443 Fair Market Value by 9%. This valuation gap offers $42,443 in Instant Equity for the incoming owner. Maintaining a Condition Rating of 3, the residence features an open layout, cozy fireplace, and rare two-car gated parking. Residents benefit from a swimming pool and proximity to top-rated North Hollywood Senior High. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a turnkey asset in a high-demand corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5437 Corteen Place 212 Subject | $399,000* List Price | 1 | 1 | 829 | $533 | - |
A 12830 Burbank Boulevard 207 Sold | $422,500 | 1 | 1 | 785 | $538 | 0.6 mi |
B 12720 Burbank Boulevard 318 Sold | $449,000 | 1 | 1 | 800 | $561 | 0.5 mi |
C 5257 Radford Avenue 107 Sold | $400,000 | 1 | 1 | 674 | $593 | 0.6 mi |
D 12720 Burbank 221 Sold | $425,000 | 2 | 2 | 1,154 | $368 | 0.5 mi |
E 5257 Radford Avenue 314 Sold | $359,000 | 1 | 1 | 643 | $558 | 0.6 mi |
F 5255 Bellingham Avenue 208 Sold | $500,000 | 1 | 2 | 1,114 | $449 | 0.3 mi |
G 5232 Corteen Place 7 Active | $499,000 List Price | 2 | 2 | 1,005 | $497 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring updated 'warm' flooring, a modern Nest thermostat, and a clean, functional kitchen with ample cabinetry. While the building was constructed in 1977, the unit appears to have undergone partial updates that mitigate its age, showing minimal wear and tear without the need for immediate major renovations.
Rare for a one-bedroom unit, this property includes two side-by-side gated parking spaces and a private storage area, providing significant convenience and added value in a high-demand area.
The condo is ideally situated near NoHo West, major freeways, and grocery stores, offering excellent walkability and access to highly-rated schools like North Hollywood Senior High.
With 829 square feet of living space, the unit features an open floor plan, a cozy fireplace, a walk-in closet, and a private balcony, making it feel much larger than a standard one-bedroom.
The absence of in-unit laundry hookups requires the use of community facilities, which may be a significant drawback for buyers prioritizing modern convenience.
Constructed in 1977, the building may eventually require higher maintenance costs or special assessments to address aging common areas and systems compared to newer developments.
Presenting a warm and spacious condo in the desirable neighborhood of Valley Village. This inviting one-bedroom, one-bath residence offers an open floor plan, a private balcony, generous storage, and a well-maintained building with appealing amenities. The upstairs unit features warm flooring and a thoughtfully arranged layout where the dining area flows into the living room, complete with a cozy fireplace and built-in storage. Enjoy peaceful mornings on the private balcony overlooking mature trees or in the bright kitchen with ample counter and cabinet space. The light-filled bedroom is comfortably sized and includes a walk-in closet, along with additional hallway storage near the bathroom. Additional features include a Nest thermostat and a convenient storage closet near the entry. The complex offers a range of amenities, including two side-by-side gated parking spaces with a private storage area, a swimming pool, community laundry, a large recreation room, and a sauna. Moments from NoHo West, grocery stores, and major freeways, this condo offers everyday comfort in an incredible location.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 26% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 829 | 1,154 | 22% |
| Lot Size | 24,962 | 23,710 | 52% |
| Price | $399.0K | $610.0K | 13% |
| Price per sq ft | $481 | $481 | 50% |
| Built year | 1977 | 1978 | 48% |
| HOA | $425.0 | $468 | 17% |
| Days on market | 49 | 167 | 4% |
Mar 4, 2026
$399,000
Initial Listing
Dec 27, 2022
$365,000
Public Record
Sep 13, 2002
$134,000
Public Record