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11901 Valerio St
North Hollywood, CA 91605
18 Units Non Rent Control -Immediate Upside · Multifamily Property For Sale
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18 Units
Property Facts
| No. Units | 18 | Lot Size | 0.62 AC |
| Property Type | Multifamily | Building Size | 11,316 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1990 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Zoning | RD2, Los Angeles | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 11,316 SF |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | RD2, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
Site Amenities
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Gated
- Doorman
- Roof Terrace
- Health Club Discount
About 11901 VALERIO ST , NORTH HOLLYWOOD, CA 91605
Highlights ¦ 18-Unit Non-Rent Control Asset in North Hollywood ¦ 1990 Construction, Two Separate Structures ¦ Corner Property with Large Frontage on Two Streets, Valerio and Radford Avenue ¦ Immediate Upside in Rents to a 5.68% Cap and 11.90 per the Marketing Package ¦ Additional Income from 16 Storage Units ¦ Excellent Unit Mix of Two Two-Bedroom/Two-Bath Units, Ten Two-Bedroom/One-Bath Units, and Six One- Bedroom/One-Bath Units; 40 Gated Parking Spaces ¦ Low Density Project, Situated on Almost ½ Acre of land ¦ Strong Rental Market with Average Occupancy of 97 Percent ¦ Separately Metered for Gas and Electricity; Laundry on Site ¦ No Earthquake Retrofit Correction Required
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | - | - |
| 2+1 | 10 | - | - |
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 2317-014-028 | Improvements Assessment | $525,398 |
| Land Assessment | $2,232,977 | Total Assessment | $2,758,375 |
Property Taxes
Parcel Number
2317-014-028
Land Assessment
$2,232,977
Improvements Assessment
$525,398
Total Assessment
$2,758,375
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