Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

18

Building size

11,316 sqft

Lot size

26,319 sqft

Year built

1990

Stories

2

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

8

MLS #

247259068

About this property

11901 Valerio Street presents an attractive opportunity to acquire a well-maintained 18 unit multifamily property in North Hollywood. Built in1990, the property offers a desirable combination of scale, parking, and long-term upside, with 40 parking spaces and an approximately 26,270-square-foot lot. The property has benefited from meaningful capital improvements, including a complete copper plumbing repipe and roof replacement, both completed in 2018. In addition to its strong existing physical fundamentals, the asset offers multiple avenues for future income growth, including the opportunity to monetize existing storage units and explore ADU potential. With a relatively modern construction profile, 11901 Valerio Street provides investors with a compelling blend of stability, quality, and value-add potential in a well-established North Hollywood location.

Location

11901 Valerio Street

Los Angeles, Los Angeles, CA, 91605