11901 VALERIO Street
North Hollywood, CA 91605

$4,000,000

Baths:
Number of Units: 18
Type: Multi-Unit Residential
Listing #17285750
Non Rent Control with Immediate Upside18-Unit Non-Rent Control Asset in North Hollywood~ 1990 Construction, Two Separate Structures~ Corner Property with Large Frontage on Two Streets,Valerio and Radford Avenue~ Potential Upside in Rents to a 6.10% Cap Rate~ Additional Income from 16 Storage Units~ Excellent Unit Mix of Two Two-Bedroom/Two-Bath Units,Ten Two-Bedroom/One-Bath Units, and Six One-Bedroom/One-Bath Units; 40 Gated Parking Spaces~ Low Density Project, Situated on Almost ~ Acre of land~ Strong Rental Market with Average Occupancy of 97 Percent~ Separately Metered for Gas and Electricity; Laundry on Site~ No Earthquake Retrofit Correction Required
Property Features
Location Information
County: Los Angeles
MLS Area: North Hollywood
Latitude: 34.20527
Longitude: -118.39241
Interior Features
Heating: Central Furnace
Cooling: Central A/C
Appliances: Built-Ins
Unit 1 Features: Bedrooms: 2; Bathrooms: 1
Unit 2 Features: Bedrooms: 2; Bathrooms: 2
Unit 3 Features: Bedrooms: 1; Bathrooms: 1
Total Number of Units: 18
Exterior Features
Parking Description: Carport
Has Garage: No
Parking Spaces: 40
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 26, 270
Zoning: LARD2
Additional Information
Property Type: RI
Property SubType: Apartment Building
Year Built: 1990
Tax Parcel Number: 2317014028
Status: Active
Units in Complex: 18


$ per month
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Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of Jeanette Monfared
CA BRE #00765098 - Marcus & Millichap
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