Valley Village Apartment Building Sales
Explore 14 closed transactions totaling $48.27M in Valley Village. Data from the LAAA Team at Marcus & Millichap.
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Transactions
$48.27M
Total Volume
4.41%
Avg Cap Rate
$395,214
Avg $/Unit
11
Avg Units
2012
Since
Cap rate, price per unit and unit count are averaged across apartment sales only: 11 of these 14 closed transactions are apartment sales.
LAAA Team Track Record Since 2012
Valley Village Multifamily Market Overview
Valley Village, tucked between North Hollywood, Studio City, and Sherman Oaks along Colfax Avenue and Riverside Drive, has emerged as one of the San Fernando Valley's strongest value-add multifamily markets. Across 14 closed transactions totaling $48.3M in volume, the LAAA Team has documented an average cap rate of 4.41% and an average price per unit of $395,214 across its 11 apartment sales.
The neighborhood's tree-lined streets, proximity to the CBS Studio Center (now CBS Radford), and walkable access to Riverside Drive's boutique restaurants and shops have attracted a growing population of entertainment industry professionals and young families. Properties along Colfax Avenue, Coldwater Canyon Avenue, and Magnolia Boulevard range from classic 1950s courtyard buildings to mid-century garden-style complexes, many with mature landscaping and architectural character that commands premium rents.
Most buildings fall under the LA RSO for pre-1978 construction. Value-add strategies focus on kitchen and bath renovations to capture the rent premiums that renovated units achieve in this location-driven market.
Market Snapshot
Source: CoStar | Central San Fernando Vly Multifamily | 2026 Q1Rents by Unit Type
Investment Activity (Trailing 12 Mo)
Valley Village Market Area
LAAA Team Closings in Valley Village
14 transactions by Glen Scher, Filip Niculete & the LAAA Team
11700 Magnolia Blvd
Valley Village • 2025
$8,525,000Units
19Cap
6.22%$/Unit
$448,684
4637 Laurel Canyon Blvd
Valley Village • 2025
$5,150,000Units
5Cap
6.00%$/Unit
$1,030,000
5340 Ben Ave
Valley Village • 2024
$1,200,000Units
4Cap
2.67%$/Unit
$300,000
4725 Radford Ave
Valley Village • 2024
$10,237,500Units
21Cap
5.12%$/Unit
$487,500
4540 Laurel Canyon Blvd
Valley Village • 2021
$1,700,000Units
6Cap
3.77%$/Unit
$283,333
12001 Magnolia Blvd
Valley Village • 2021
$1,150,000
5222 Hermitage Ave
Valley Village • 2018
$5,650,000Units
20Cap
4.01%$/Unit
$282,500
12360-12364 Magnolia Boulevard
Valley Village • 2018
$3,800,000Units
12Cap
4.85%$/Unit
$316,667
5451 Hermitage Ave
Valley Village • 2018
$3,440,000Units
10Cap
3.87%$/Unit
$344,000
5055 Laurel Canyon Blvd
Valley Village • 2018
$1,550,000Units
5Cap
3.87%$/Unit
$310,000
12101 Emelita Street
Valley Village • 2017
$2,000,000Units
12Cap
3.87%$/Unit
$166,667
5330 Radford Avenue
Valley Village • 2017
$1,100,000
11950 Riverside Drive
Valley Village • 2015
$875,000
5555 Carpenter Avenue
Valley Village • 2014
$1,890,000Units
5Cap
4.26%$/Unit
$378,000
Source: LAAA Team Closed Transactions
Recent Deal Stories
Valley Village Multifamily Investment FAQs
Valley Village apartment buildings average $395,214 per unit across the LAAA Team's 11 apartment sales among 14 closed transactions, totaling $48.3M in volume. That compares with $308,996 per unit in North Hollywood and $333,382 per unit in Sherman Oaks across the team's sales there, reflecting its desirable mid-Valley location and growing demand from entertainment industry renters.
Cap rates in Valley Village average 4.41% across Valley Village's 11 apartment sales. The neighborhood's compressed yields compared to Van Nuys (4.97%) reflect the premium tenants pay for tree-lined streets, proximity to CBS Radford studios, and walkable access to Riverside Drive dining and retail.
Valley Village benefits from its central location between North Hollywood, Studio City, and Sherman Oaks, with tree-lined residential streets that attract higher-income tenants. CBS Radford studios drive entertainment industry demand. The neighborhood's character buildings with mature landscaping command premium rents, and its relative affordability compared to adjacent Sherman Oaks creates consistent investor interest.
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