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12001 Valerio St Los Angeles, CA 91605

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For Sale
$998,000

Five-unit apartment building in North Hollywood with upside potential.

Lot size:
0.13 Acres

Property Features for 12001 Valerio St

General Information

Lot size
0.13 Acres

Building Details

Year built
1964

Source: Property Concierge

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

North Hollywood Multifamily Investment Opportunity

This is a five-unit apartment building located in North Hollywood. The property spans 4,293 square feet on a 5,500 square foot lot zoned RD 2-1 and is located in an Opportunity Zone. The unit mix includes one one-bedroom unit, three two-bedroom units, and one three-bedroom unit. The building is serviced by five parking spaces. Soft story retrofit was completed in 2021. The property is situated near transit corridors, hiking trails, schools, parks, and shopping, with accessibility to Southern California employment hubs. The purchase price considers that the property will be delivered with current tenants and may be revised upward upon turnover.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.39465
Latitude
34.20496

FAQs

What type of property is this?
Apartment building - Five-unit apartment building in North Hollywood with upside potential.
Where is this apartment building located?
The property is located at 12001 Valerio St Los Angeles, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: - Proven market rents with upside potential on three units.; - Located in an Opportunity Zone.; - Attractive mix of unit types: (1) 1-bedroom, (3) 2-bedroom, and (1) 3-bedroom.
More about this property
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