10714 Valley Spring Ln - Apartments FOR SALE


North Hollywood, CA 91602
$1,850,000 USD
818-355-4906
10714 Valley Spring Ln, North Hollywood, CA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/25
null | 4.41% Cap Rate

10714 Valley Spring Ln
North Hollywood, CA 91602


HIGHLIGHTS

  • Rare Acquisition Opportunity
  • Prime Studio City Adjacent Investment
  • Secure Gated Property on an Expansive 10,446± SF Lot
  • High Visibility & Strong Street Presence
  • Turnkey Four-Unit Asset with Immediate Cash Flow
  • Extensively Renovated Flagship Multi-Residence

OVERVIEW

Exceptional multifamily investment opportunity in a highly sought-after rental corridor adjacent to Studio City. Situated on a fully gated 10,446± SF lot, this well-maintained 4-unit property offers a rare combination of stable in-place income, strong tenant demand, and long-term upside potential. The property features an attractive unit mix consisting of (3) 1 Bed | 1 Bath units and (1) extensively renovated 3 Bed | 2.5 Bath residence, all currently occupied, providing immediate cash flow from day one. The beautifully upgraded 3-bedroom unit has been thoughtfully remodeled with modern finishes, including updated bathrooms, a redesigned kitchen, new flooring, contemporary lighting, and central air conditioning. Its single-family-style layout and high-quality renovations support premium rental positioning and enhance the overall income profile of the asset. Additional property highlights include a 2-car garage, ample on-site parking, and newly installed perimeter gating that offers enhanced privacy and security for tenants. The expansive lot configuration and desirable unit mix further contribute to the property’s long-term investment appeal. Ideally located near Studio City’s renowned dining, shopping, entertainment, and major commuter routes, the property benefits from consistent rental demand and proximity to key employment and lifestyle amenities throughout the Valley. Rarely does a fully occupied, gated multifamily asset with a renovated flagship unit become available in such a supply-constrained and high-demand submarket. This is an exceptional opportunity for investors seeking durable cash flow, future appreciation, and a well-positioned asset in one of Los Angeles’ most desirable rental markets.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$661 USD /SF

# OF UNITS

4

PRICE/UNIT

$462,500

CAP RATE

4.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,441 SF

ZONING

RD2

APN/PARCEL ID

2423-026-018

ASK ABOUT THIS PROPERTY

Karine AslanianAKG | Christie's International Real EstateMore Info
818-355-4906

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Karine AslanianAKG | Christie's International Real EstateMore Info
818-355-4906

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.