12001 Valerio Street, North Hollywood, CA 91605

$1,000,000
10
BD
6
BA
4,293
SqFt

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List Agent Vivian Chaing () 310-463-5181 Property Concierge; CoList () Courtesy of Selling Office: Ruzanna Khechumyan, Ruzanna Khechumyan - Selling Agent DRE# and Courtesy of Listing Office Property Concierge, Vivian Chaing - Agent DRE#

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
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.

Additional Information

Appliances
Dishwasher, Microwave, Refrigerator, Dryer, Washer
Heat
Wall Furnace

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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.