About 12001 Valerio Street
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.
Features of 12001 Valerio Street
| MLS® # | 25553831 |
|---|---|
| Price | $998,000 |
| Bedrooms | 10 |
| Bathrooms | 5.00 |
| Square Footage | 4,293 |
| Acres | 0.13 |
| Year Built | 1964 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 12001 Valerio Street |
|---|---|
| Area | NHO - North Hollywood |
| City | North Hollywood |
| County | Los Angeles |
| Zip Code | 91605 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | One Space, Assigned, Carport, Driveway |
| Garages | One Space, Assigned, Carport, Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate |
|---|---|
| Appliances | Dishwasher, Microwave, Refrigerator, Dryer, Washer |
| Heating | Wall Furnace |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | June 20th, 2025 |
|---|---|
| Days on Market | 133 |
| Zoning | LARD2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Vivian Chaing |
|---|---|
| Office | Property Concierge |