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$ 1,850,000
Est. payment /mo
Active
10714 Valley Spring North Hollywood, CA 91602
10,450 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26113488
HOA Y/N No
Year Built 1946
Lot Size 10,450 Sqft
Property Sub-Type Quadruplex
Property Description
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.
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.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Mountainous, Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2423026018
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Karine Aslanian Christie's RE SoCal 818-355-4906, DRE #01331967