$998,000
PENDING $151K PRICE DROP

12001 Valerio St North Hollywood, CA 91605

Sun Valley Neighborhood

Estimated payment $6,258/month

Total Views 3,854
10 Beds
6 Baths
4,293 Sq Ft
$232 Price per Sq Ft

Highlights

  • Bathtub with Shower
  • Laundry Room
  • South Facing Home
  • John H. Francis Polytechnic Rated A-
  • Gated Home
  • Auto Driveway Gate

About This Home

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.

Listing Agent

Vivian Chaing

Property Concierge License #01983759 Listed on: 06/20/2025

Co-Listing Agent

Mark Ehlers

Imperial Real Estate License #01955008

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 50x110
  • South Facing Home
  • Gated Home

Interior Spaces

  • 4,293 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 3 Carport Spaces
  • Auto Driveway Gate
  • Driveway
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 2317-014-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4293
  • Lot Acreage: 0.1263
  • Lot Dimensions: 50x110
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Bedrooms: 10
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub
  • Laundry: Community, Laundry Area
  • Total Bathrooms: 6.00
  • Equipment: Gas Dryer Hookup, Washer, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 232.47

Exterior Features

  • Direction Faces: South
  • Other Structures: None

Garage/Parking

  • Carport Spaces: 3
  • Other Spaces: 4
  • Covered Parking: 3
  • Parking Garage: Carport, Driveway Gate, Driveway, Parking Space, Assigned
  • Total Parking: 6

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Security: Gated, Carbon Monoxide Detector(s), Smoke Detector
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 40.65
  • Assessed Improvement Value: 436050
  • Assessed Land Percent: 59.35
  • Assessed Land Value: 636724
  • Total Assessed Value: 1072774
  • Assessor Parcel Number: 2317-014-009
  • Lot Size Area: 5500

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.79
  • Number Of Units: 5
  • Rent Control: 100
  • Type Of Units: Apartments

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2025 10/28/25 Pending -- -- --
10/07/2025 10/07/25 Price Changed $998,000 -13.1% $232 / Sq Ft
06/20/2025 06/20/25 For Sale $1,149,000 +13.1% $268 / Sq Ft
04/23/2021 04/23/21 Sold $1,015,500 +2.6% $237 / Sq Ft View Prior Sale
03/05/2021 03/05/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $990,000 0.0% $231 / Sq Ft
02/17/2014 02/17/14 Rented $950 -5.0% --
02/17/2014 02/17/14 Under Contract -- -- --
02/07/2014 02/07/14 For Rent $1,000 -- --
Source: The MLS

Source: The MLS

MLS Number: 25553831

The MLS
California Los Angeles County North Hollywood 91605 Sun Valley

12001 Valerio St, North Hollywood, CA

Pending

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Vivian Chaing
Listing Agent
Vivian Chaing
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Property Concierge
(747) 349-8234