11901 Valerio St - Apartments FOR SALE


North Hollywood, CA 91605 | 
$4,275,000 USD
323-944-2221
11901 Valerio St, North Hollywood, CA for Sale
$4,275,000 USD
Apartments - FOR SALE
1/32
null | 6.41% Cap Rate

11901 Valerio St
North Hollywood, CA 91605


OVERVIEW

11901 Valerio Street presents an attractive opportunity to acquire a well-maintained 18 unit multifamily property in North Hollywood. Built in 1990, the property offers a desirable combination of scale, parking, and long-term upside, with 40 parking spaces and an approximately 26,270-square-foot lot. The property has benefited from meaningful capital improvements, including a complete copper plumbing repipe and roof replacement, both completed in 2018. In addition to its strong existing physical fundamentals, the asset offers multiple avenues for future income growth, including the opportunity to monetize existing storage units and explore ADU potential. With a relatively modern construction profile, 11901 Valerio Street provides investors with a compelling blend of stability, quality, and value-add potential in a well-established North Hollywood location.

FOR SALE DETAILS

PRICE

$4,275,000 USD

PRICE/SF

$378 USD /SF

# OF UNITS

18

PRICE/UNIT

$237,500

CAP RATE

6.41%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valerio Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

RD2, Los Angeles

APN/PARCEL ID

2317-014-028

ASK ABOUT THIS PROPERTY

Shaya LowensteinLyon Stahl Investment Real EstateMore Info
323-944-2221

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Shaya LowensteinLyon Stahl Investment Real EstateMore Info
323-944-2221

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