10714 Valley Spring Lane North Hollywood, CA $ 1,999,000
10714 Valley Spring Lane
$ 1,999,000
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10714 Valley Spring Lane

North Hollywood, CA, 91602
$ 1,999,000
Baths2.1 Sq 2,800

Monthly Estimate*

$ 12,308

Listed by The Agency
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Studio

Multi-Family Home for sale in North Hollywood, CA

for $1,999,000 with 2 full baths, 1 half bath. This 2,800 square foot home was built in 1946 on a lot size of 0.2399.

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.

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Multi-Family Active

Price

$ 1,999,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2399

Year Built

1946

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

GD26024682

Days on Market

3

Features
General
Sewer Public Sewer
Heating Central See Remarks
Cooling Central Air
Roof Shingle
Garage Spaces 2
Pool Features None
Exclusions Staged Furniture from the main home
Year Built 1946
Tenant Pays Cable TV Electricity Gas Other See Remarks Trash Collection
Property Subtype Quadruplex
Gross Income 120360
Community Features Biking Golf Lake Park Sidewalks
County Los Angeles
Net Operating Income 86983
Operating Expense 33378
Insurance Expense 4000
New Construction false
Property Type Residential Income
Contingency Seller will need to set up and complete the DST transfer
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Street: Lankership Blvd
City North Hollywood
Entry Location Ground Level
Senior Community Y/N false
Number Of Units Total 4
MLS Area NHO - North Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 10450
Number of Units Leased 1
Listing Terms 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 3000
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 39
Property Sub Type Additional Quadruplex
Taxes 24938
Cap Rate 4.36
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Interior
Interior Amenities Balcony Recessed Lighting
Flooring Laminate Tile Wood
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features See Remarks
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 2
Lot Size Area 10450
Number of Buildings 3
Building Area Total 2800
Lot Size Acres 0.2399
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 0
Number of Separate Electric Meters 5
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* Excluded Features
List By
The Agency

Broker

Karine.Aslanian@TheAgencyRE.com

Email

Affordability Calculator

$12,308
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Monthly Principal & Interest
$12,308
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2026$1,999,000 Listed Price

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10714 Valley Spring Lane, North Hollywood, CA, 91602 is a Multi-Family Home for sale at $1,999,000 with 2,800 sqft and a lot size of 0.2399. 10714 Valley Spring Lane is a studio with 2.1 baths and was built in 1946. The property's zip code is 91602 which is in North Hollywood, CA