ActiveCondominium

12321 Riverside Drive 105

Los Angeles, CA, 91607

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$370,000

MLS: P1-27034

Beds

1

Baths

1

Sq Ft

696

Lot

0.29 ac

Year Built

1977

MLS #

P1-27034

Days on Market

1

Listed

May 7, 2026

Description

Welcome to this spacious 1-bedroom, 1-bathroom first-floor condominium located in the desirable neighborhood of Valley Village. This inviting unit offers a functional and comfortable layout, highlighted by a generously sized living room with plush carpeting, a cozy fireplace with updated stone surround, and sliding glass doors that bring in abundant natural light and provide access to a private balcony. Adjacent to the living area is a dedicated dining space that flows seamlessly into the kitchen, which features ample cabinetry and counter space, creating a practical environment for everyday living. The bedroom is well-proportioned with plenty of natural light and closet space, while the bathroom is conveniently located and easily accessible. The unit maintains a warm, lived-in feel and presents an excellent opportunity for both investors and owner-users alike. The building offers desirable amenities including secured access, under-building parking, an on-site laundry room, and a private pool perfect for relaxing on warm Southern California days. Ideally situated near shopping, dining, and major transportation routes, this property combines convenience and value in a sought-after location. Please note: the unit will be delivered with the current tenant in place, and tenant responsibility will be assumed by the buyer.

Location

Los Angeles, Los Angeles County, CA 91607

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Listed by: Mark MacFarlane · Vimvi California

Payment estimate

$2,931

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $37,000 · Loan: $333,000

%
Principal & Interest
$2,107
Property tax (1.25%)
$385
Homeowners insurance
$300
Mortgage insurance
$139
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $12,950 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Valley Village, CA 91607 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.