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 | $1,690 | 525 |
| 1+1 | 1 | $1,050 | 525 |
| 1+1 | 1 | $1,790 | 475 |
| 3+2.5 | 1 | $5,500 | 1,275 |
1 1
Walk Score®
Very Walkable (72)
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.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.