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11580 Riverside Drive, Valley Village, California 91602, Valley Village, 91602 - 3 bed, 4 bath

11580 Riverside Drive, Valley Village, California 91602 home-pic-0
ACTIVE$999,950
11580 Riverside Drive, Valley Village, California 91602
3Beds
4Baths
1,668Sqft
2,000Lot
Year Built
2018
Close
-
List price
$1,000K
Original List price
$1.05M
Price/Sqft
$599
HOA
$85
Days on market
-
Sold On
-
MLS number
SR25028936
Home ConditionExcellent
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

We found 4 Cons,5 Pros. Rank: price - $1000.0K(4th), sqft - 1668(24th), beds - 3(50th), baths - 4(63th).

Incredible opportunity to purchase a near new freestanding single-family home in desirable Valley Village! Gallery is a collection of 16, single-family homes with contemporary architecture mere moments from Universal City, NoHo & Burbank. All bedrooms are en-suite. The second level is open & bright affording a gorgeous kitchen, dining area, powder bath & great room with balcony. Modern amenities include custom cabinetry, Quartz countertops, stainless steel appliances, European Oak plank flooring & designer fixtures. This prime locale offers easy access to the Metrolink Orange and Red Lines at the Chandler & Universal Stations & is ultra-accessible to the 101, 134 and 405 freeways. Additional enhancements include a direct-access two car garage, washer/dryer, refrigerator & sought-after Colfax Charter Elementary...Don't miss!

Condition Rating
Excellent
Built in 2018, this property is virtually new and features contemporary architecture with high-end finishes throughout. The kitchen boasts custom cabinetry, Quartz countertops, stainless steel appliances, and modern fixtures, all in excellent condition. Bathrooms are equally modern with clean lines and updated fixtures. European Oak plank flooring is consistent throughout, and all systems are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Newer Construction & Modern Design: Built in 2018, this home features contemporary architecture and high-end finishes, including custom cabinetry, Quartz countertops, stainless steel appliances, European Oak plank flooring, and designer fixtures.
Exceptional Location & Connectivity: Situated in desirable Valley Village, the property offers prime proximity to major entertainment hubs (Universal City, NoHo, Burbank) and unparalleled access to multiple freeways (101, 134, 405) and public transit options.
Thoughtful Layout & Premium Features: The home boasts a highly functional layout with all en-suite bedrooms, an open-concept second level with a balcony, a direct-access two-car garage, and included essential appliances (washer/dryer, refrigerator).
Highly-Rated School District: Located within the sought-after Colfax Charter Elementary district, a significant advantage for families prioritizing quality education.
Freestanding Home Advantage: As a freestanding single-family home within a modern collection, it offers the privacy and independence typically associated with a detached home, distinct from attached townhomes or condos.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2000, living area = 1668.
Limited Outdoor Space: The 2,000 sqft lot size is considerably small for a single-family home, offering minimal private outdoor space, which may not appeal to buyers desiring a traditional yard or room for expansion.
Ongoing Association Fees: The property is subject to a monthly association fee of $85.00, which represents an additional recurring cost for homeowners.
Recent Price Reduction: The list price has been reduced from $1,049,000 to $999,950, which could indicate a longer time on market or an initial overestimation of value, potentially influencing buyer perception.

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