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29546805
29546807

10714 Valley Spring, North Hollywood, CA 91602

KA
CA CA 01331967
CHRISTIE’S INTERNATIONAL REAL ESTATE SOUTHERN CALIFORNIA
Listed by CHRISTIE’S INTERNATIONAL REAL ESTATE SOUTHERN CALIFORNIA
$1,850,000
123 days on market
Updated 10 days ago

10714 Valley Spring Lane

Details
APN 2423026018
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 4.41%
NOI $81,555
Pro-Forma Cap Rate 5.77%
Price per SqFt $714
Buildings 3
Stories 2
Acreage 0.240
Zoning Assessor
Investment Type Owner/User

Multifamily | 4 Units | $499,750/unit

Marketing 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 propertys long-term investment appeal. Ideally located near Studio Citys 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 s

Investment highlights

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.

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Listing Contacts

KA
CA CA 01331967
CHRISTIE’S INTERNATIONAL REAL ESTATE SOUTHERN CALIFORNIA
Listed by CHRISTIE’S INTERNATIONAL REAL ESTATE SOUTHERN CALIFORNIA

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,555.00
$6,796.25/mo

Valuation Metrics

0
DSCR
4.41%
Cap Rate
4.41%
ROI

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Additional Information

Name
Karine Aslanian
License
CA 01331967
Brokerage
Karine Aslanian
Brokerage Phone
8183554906
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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