12001 Valerio Street, North Hollywood, CA 91605
- $1,000,000
- 10
- BD
- 6
- BA
- 4,293
- SqFt
- Sold Price
- $1,000,000
- List Price
- $998,000
- Closing Date
- Nov 21, 2025
- Status
- CLOSED
- MLS#
- 25553831
- Year Built
- 1964
- Bedrooms
- 10
- Bathrooms
- 6
- Living Sq. Ft
- 4,293
- Lot Size
- 5,500
- Acres
- 0.13
- Days on Market
- 116
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
Rare opportunity to acquire a 5-unit North Hollywood apartment building with proven market rents on two repositioned leases and an eye for opportunity with remaining three units ripe with upside to unlock. Spanning a total of 4,293 sf across a 5,500 sf RD 2-1 zoned TOC Tier 1 lot in an Opportunity Zone, this property consists of a stable mix of (1) one-bedroom, (3) two-bedrooms & (1) three bedroom units. A total of five parking spaces service the building and soft story retrofit was completed in 2021. This property is ideally situated nearby transit corridors, hiking, schools, parks, and shopping, as well as easily accessible from Southern California employment hubs, such that rental demand will remain stable for the foreseeable future. Purchase price contemplates that property will be delivered with current tenants in place and will be revised upward in event of turnover.
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Additional Information
- Appliances
- Dishwasher, Microwave, Refrigerator, Dryer, Washer
- Heat
- Wall Furnace
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Levels
- Two
- Parking Spaces
- 6
Listing courtesy of Listing Agent: Vivian Chaing (vivian@propertyconcierge.la) from Listing Office: Property Concierge.
Listing sold by Ruzanna Khechumyan from Ruzanna Khechumyan
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