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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,999,000

Est. payment - /mo

10,450 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD26024682

HOA Y/N No

Year Built 1946

Lot Size 10,450 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Interior Features Balcony, Recessed Lighting

Heating Central, See Remarks

Cooling Central Air

Flooring Laminate, Tile, Wood

Fireplace No

Laundry See Remarks

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Golf, Lake, Park, Sidewalks

Roof Type Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 2423026018

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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Listed by Karine Aslanian The Agency 818-355-4906, DRE #01331967

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10714 Valley Spring LN North Hollywood, CA 91602