CA > North Hollywood
North Hollywood, CA 91605,12001 Valerio ST
North Hollywood, CA 91605,12001 Valerio ST
North Hollywood, CA 91605,12001 Valerio ST
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$998,000
Est. payment /mo
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10 Beds
6 Baths
4,293 SqFt
Active Under Contract

12001 Valerio ST North Hollywood, CA 91605

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,293 sqft

Price per Sqft $232

MLS Listing ID 25553831

Bedrooms 10

HOA Y/N No

Year Built 1964

Lot Size 5,501 Sqft

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 Nho - North Hollywood

Zoning LARD2

Interior

Heating Wall Furnace

Flooring Laminate

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Laundry Common Area

Exterior

Parking Features Assigned, Carport, Driveway, One Space

Carport Spaces 3

Community Features Gated

Total Parking Spaces 6

Building

Faces South

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2317014009

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard

CRMLS – RECore
Listed by Vivian Chaing Property Concierge

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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