Valley Village Apartment Buildings

Valley Village is a boutique pocket of the central San Fernando Valley, bordered by North Hollywood and Studio City. Its multifamily inventory trades on a specific combination of tree-lined residential character, proximity to both NoHo's arts-and-transit infrastructure and Studio City's commercial density, and an unusual concentration of mid-century courtyard inventory in well-maintained condition.

Jurisdiction
LA City
Rent control regime
LA City RSO (pre-1978) + Costa-Hawkins (post-1995)
Sterman closings here
4 transactions
Typical sale
With tenants in place

Valley Village apartment building sales — the closed record

Buildings closed4
Units81
Total volume$21.2 million
Median price per unit$263K
Range$183K – $295K

Median and range are drawn from the 4 Valley Village buildings in the Sterman Transaction Index — Michael Sterman's own closed book, not a market-wide estimate. Per-unit pricing tracks building size as much as location, so compare against buildings of similar unit count rather than against the submarket average.

Every Valley Village building in the record

AddressUnitsPriceClosed
5222-5228 Hermitage20$5,650,0002018-12
4936 Whitsett Ave9$2,200,0002018-05
12245 Chandler Blvd34$10,025,0002017-09
5510 Corteen Pl18$3,300,0002014-04
Selling guide

Selling an apartment building in Valley Village

Valley Village sits at a pricing tier between Studio City (higher) and North Hollywood (lower) on comparable inventory. That positioning is meaningful for sellers: buyers sometimes model Valley Village as a "discount Stu...

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Living in town

Living in Valley Village

Valley Village is an LA City neighborhood in the central San Fernando Valley between North Hollywood and Studio City. Tree-lined residential character with concentrated mid-century courtyard apartment inventory.

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Closings

Sterman closings in Valley Village

4 Sterman Multifamily Group closings in Valley Village. See the full transaction record.

See all 4 Valley Village closings →
FAQ

Questions about selling in Valley Village

Common questions about selling multifamily in Valley Village.

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Michael's Take
Valley Village is priced between Studio City (above) and NoHo (below). The mid-century courtyard inventory attracts a buyer pool that appreciates the specific architectural form. Pricing framing matters — discount Studio City vs. premium NoHo.

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