RealtyLens
for saleRealtyLens property overview
$420,000

12720 Burbank Blvd Unit 118

Valley Village, CA, 91607
View more Valley Village, CA property pages
1Beds
1Baths
785Sqft
$535$/sqft

Listing Notes

HOA UPDATE: Building is now fully insured and eligible for conventional financing, making it an excellent opportunity for buyers who were previously unable to qualify. Beautifully upgraded one-bedroom, one-bathroom condo in the highly sought-after Briarcrest community in Valley Village. This bright unit offers an open floor plan with excellent natural light, treetop views, and a spacious living room featuring a cozy gas fireplace and a bonus office nook. The home has been completely renovated throughout, including a stylish kitchen with stainless steel appliances and a sleek center island that flows seamlessly into the living area, perfect for modern living. The generous bedroom features a large walk-in closet, in unit washer, and plenty of additional storage. Located on the first floor, it also comes with a designated parking space and overhead storage. Briarcrest is a gated, well-maintained complex with resort-style amenities, including a sparkling pool, spa/hot tub, fitness center with saunas, a recreation room, additional storage, and beautifully landscaped grounds. Conveniently located near shopping, dining, houses of worship, Valley College, and NoHo West.

Market Insights

Near nearby median+0.8%

$535/sqft vs a nearby median of $531/sqft.

Nearby median$531/sqft
Nearby properties2
Property size785 sqft
  • +0.8% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 785 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$411k$381k$441k · 66% confidence
vs ask $420k+$9k (+2.1%)

Asking price is well-anchored to the comp picture (+2.1%). Negotiate on terms, not headline price.

$531/sqft median across 2 tight comps × 785 sqft= $417k
  • Mid-century building era−$6k −1.5%
Cumulative NYC adjustments−$6k−1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+0.8% vs nearby

The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
3 days
Last price change
No change recorded
Listed
May 10, 2026
Photos
20 photos
Property type
condos
Status
for sale

Photos

Price History

May 10, 2026Initial record
$420,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.