Log In/Sign Up
Your email has been sent.
10714 Valley Spring Ln 4 Unit Apartment Building $1,999,000 ($499,750/Unit) 4.35% Cap Rate North Hollywood, CA 91602
Investment Highlights
- Prime Studio City-Area Location North Hollywood
- Walking distance to Universal City
- (3) 1 | 1 & (1) 3 | 2.5
- Ideal Owner User
- Central HVAC
- 10, 4466 Square Feet Land
Executive Summary
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.
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,999,000 | Property Subtype | Apartment |
| Price Per Unit | $499,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 4.35% | Building Size | 2,800 SF |
| Gross Rent Multiplier | 16.61 | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1946/2026 |
| Property Type | Multifamily | ||
| Zoning | RD2 - Restricted Density Multiple Dwelling UNIT COUNT USING LOT SIZE LOT AREA: 10,446 SQ FT RD2 DENSITY FACTOR: 2,000 SQ FT PER DWELLING UNIT CALCULATION: | ||
| Price | $1,999,000 |
| Price Per Unit | $499,750 |
| Sale Type | Investment |
| Cap Rate | 4.35% |
| Gross Rent Multiplier | 16.61 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 2,800 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1946/2026 |
| Zoning | RD2 - Restricted Density Multiple Dwelling UNIT COUNT USING LOT SIZE LOT AREA: 10,446 SQ FT RD2 DENSITY FACTOR: 2,000 SQ FT PER DWELLING UNIT CALCULATION: |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,050 | 525 |
| 3+2.5 | 1 | $5,500 | 1,275 |
| 1+1 | 1 | $1,690 | 525 |
| 1+1 | 1 | $1,790 | 475 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2423-026-018 | Total Assessment | $883,993 |
| Land Assessment | $547,543 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $336,450 | Tax Year | 2025 |
Property Taxes
Parcel Number
2423-026-018
Land Assessment
$547,543
Improvements Assessment
$336,450
Total Assessment
$883,993
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 44
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
10714 Valley Spring Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.