For sale · Active

12344 Burbank

Valley Village, CA 91607

$5,390,000
Lot size0.3678 acres
Property typeApartment
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Listing broker / agent: Keller Williams Realty-Studio City · Anthony Boyajian · 818-324-7639 · CRMLS

MLS # SR26227029 · Last checked Oct 21, 2026 04:44 UTC

About this property

Located on the southwest corner of Burbank Boulevard and Corteen Place in the highly desirable Valley Village neighborhood, 12344 Burbank Boulevard presents an outstanding opportunity to acquire a true pride-of-ownership apartment community featuring spacious units, an attractive unit mix, and substantial capital improvements. Built in 1960, the property consists of approximately 17,722 square feet Of building area on an approximately 16,016-square-foot lot. The well-balanced unit mix includes seven (7) one-bedroom/one- bathroom units, one (1) two-bedroom/one-bathroom unit, five (5) two-bedroom/two-bathroom units, and five (5) three-bedroom/ two-bathroom units. The generous layouts, including a desirable selection of two- and three-bedroom residences, appeal to a broad range of renters seeking additional space and functionality. The property reflects a strong commitment to maintenance and improvements, with 16 of the 18 units completely remodeled. Additional upgrades include copper plumbing, upgraded electrical subpanels throughout, a completed earthquake soft-story retrofit, newer windows, and a roof approximately three years old. The swimming pool has also been redone, while an on-site laundry facility provides added convenience for residents. Adding another dimension to the investment, seven (7) of the 18 units are currently operated under an alternative rental model, offering prospective ownership nexibility in evaluating management approaches and future leasing strategies, subject to applicable regulations and lender requirements.

Property details

MLS number
SR26227029
Status
Active
Type
Residential Income
Subtype
Apartment
Lot size
0.3678 acres
County
Los Angeles
Year built
1959
More property detailsExpandCollapse

Listing

Days on market
0

Building

Year built
1959
Year built source
Assessor
Building stories
2
Entry level
1

Rooms & interior

Laundry
Common Area

Exterior & parking

Total parking spaces
0
Garage spaces
0
Pool
Community
Lot features
Sixteen To Twenty Units Acre
Lot size source
Assessor

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Curbs, Sidewalks, Pool
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Burbank Boulevard Elementary (school website, opens in a new tab) Los Angeles Unified · North Hollywood K–5 0.2 mi
Citizens of the World Charter School East Valley (school website, opens in a new tab) Los Angeles Unified · Valley Village K–8 0.4 mi
John B. Monlux Elementary (school website, opens in a new tab) Los Angeles Unified · North Hollywood K–5 0.8 mi
Jack London Community Day (school website, opens in a new tab) Los Angeles Unified · Valley Glen 7–12 0.8 mi
Jack London Continuation (school website, opens in a new tab) Los Angeles Unified · Van Nuys 9–12 0.8 mi
Amelia Earhart Continuation (school website, opens in a new tab) Los Angeles Unified · North Hollywood 9–12 0.9 mi
Ulysses S. Grant Senior High (school website, opens in a new tab) Los Angeles Unified · Van Nuys 9–12 0.9 mi
North Hollywood Senior High (school website, opens in a new tab) Los Angeles Unified · North Hollywood 9–12 0.9 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$5,390,000
MLS-reported original asking price
$5,390,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 20, 2026 17:10$5,390,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Valley Village

Active residential homes for sale in Valley Village, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings48Current authorized inventory
Median asking price$1,262,00048 listings with a valid price
Median asking price / sq ft$732.4925 listings with confirmed sq ft
Median days on market3148 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction8
Listings with an increase0

8 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-21 05:57 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

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Loan assumptions and ownership costs

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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