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12001 Valerio St North Hollywood, CA 91605
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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,293 sqft
Price per Sqft $232
MLS Listing ID 25553831
Sold Date 11/21/25
Bedrooms 10
Year Built 1964
Lot Size 5,500 Sqft
Acres 0.1263
Property Sub-Type Multi-Family
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.
Location
State CA
County Los Angeles
Area North Hollywood
Zoning LARD2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Flooring Laminate
Equipment Gas Dryer Hookup, Washer, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven
Laundry Community, Laundry Area
Exterior
Parking Features Carport, Driveway Gate, Driveway, Parking Space, Assigned
Garage Spaces 6.0
Building
Story 2
Water Public
Level or Stories Two
Others
Special Listing Condition Standard
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Bought with Ruzanna Khechumyan
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