10718 Valley Spring Ln - Multi-Family FOR SALE


North Hollywood, CA 91602
$1,850,000 USD
818-355-4906
10718 Valley Spring Ln, North Hollywood, CA for Sale
$1,850,000 USD
Multi-Family - FOR SALE
1/26
null | 4.41% Cap Rate

10718 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

Outstanding multifamily investment and owner-user opportunity with multiple points of access located in the highly desirable Studio City area of North Hollywood. Set on a generous 10,446± SF fully gated lot, this well-positioned 4 Unit property offers an excellent unit mix consisting of (3) 1 Bed / 1 Bath units and (1) beautifully remodeled 3 Bed / 2.5 Bath single-family residence, providing both strong income potential and lifestyle flexibility. The 3-bedroom home has been extensively upgraded, featuring new bathrooms, a modernized kitchen, updated flooring, contemporary lighting, and central air conditioning, making it ideal for an owner-user or commanding premium rental rates. The remaining one-bedroom units offer stable cash flow with upside potential through future rent increases or light cosmetic improvements. Additional highlights include a 2-car garage, ample on-site parking, and newly installed perimeter gating for enhanced privacy and security. Located in a high- demand rental corridor near Studio City’s renowned restaurants, retail, entertainment, and convenient access to major freeways and employment hubs. This is a rare opportunity to acquire a versatile, income-producing property in a supply-constrained submarket—perfect for investors seeking long-term appreciation or owner-users looking to live in a renovated home while offsetting expenses with rental income.

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

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,446 SF

ZONING

LARD2

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.