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10714 Valley Spring Ln 4 Unit Apartment Building $1,850,000 ($462,500/Unit) 4.41% Cap Rate North Hollywood, CA 91602



Investment Highlights
- Rare Acquisition Opportunity
- Secure Gated Property on an Expansive 10,446± SF Lot
- Turnkey Four-Unit Asset with Immediate Cash Flow
- Prime Studio City Adjacent Investment
- High Visibility & Strong Street Presence
- Extensively Renovated Flagship Multi-Residence
Executive Summary
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.
Property Facts
| Price | $1,850,000 | Apartment Style | Low-Rise |
| Price Per Unit | $462,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 4.41% | Building Size | 2,800 SF |
| Gross Rent Multiplier | 16.35 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1946/2026 |
| Property Subtype | Apartment | ||
| 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 | $1,850,000 |
| Price Per Unit | $462,500 |
| Sale Type | Investment |
| Cap Rate | 4.41% |
| Gross Rent Multiplier | 16.35 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 2,800 SF |
| Average Occupancy | 100% |
| 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: |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2423-026-018 | Improvements Assessment | $336,450 |
| Land Assessment | $547,543 | Total Assessment | $883,993 |
Property Taxes
Parcel Number
2423-026-018
Land Assessment
$547,543
Improvements Assessment
$336,450
Total Assessment
$883,993
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10714 Valley Spring Ln
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