Millman Team Real Estate

$1,850,000
0.24 Acre Lot

10714-10718 Valley Spring, North Hollywood, California 91602

  • Residential Income Property Type
  • 1946 Year Built
Property Description

Exceptional multifamily investment opportunity in a highly sought-after rental corridor adjacent to Studio City. Situated on a fully gated 10,446± SF lot, this well-maintained 4-unit property offers a rare combination of stable in-place income, strong tenant demand, and long-term upside potential.

The property features an attractive unit mix consisting of (3) 1 Bed | 1 Bath units and (1) extensively renovated 3 Bed | 2.5 Bath residence, all currently occupied, providing immediate cash flow from day one.

The beautifully upgraded 3-bedroom unit has been thoughtfully remodeled with modern finishes, including updated bathrooms, a redesigned kitchen, new flooring, contemporary lighting, and central air conditioning. Its single-family-style layout and high-quality renovations support premium rental positioning and enhance the overall income profile of the asset.

Additional property highlights include a 2-car garage, ample on-site parking, and newly installed perimeter gating that offers enhanced privacy and security for tenants. The expansive lot configuration and desirable unit mix further contribute to the property’s long-term investment appeal.

Ideally located near Studio City’s renowned dining, shopping, entertainment, and major commuter routes, the property benefits from consistent rental demand and proximity to key employment and lifestyle amenities throughout the Valley.

Rarely does a fully occupied, gated multifamily asset with a renovated flagship unit become available in such a supply-constrained and high-demand submarket. This is an exceptional opportunity for investors seeking durable cash flow, future appreciation, and a well-positioned asset in one of Los Angeles’ most desirable rental markets.

Basic Details
Residential Income
For Sale
GD26113488
$1,850,000
1946
0.24 Acre
Active
1
Quadruplex
Features
: None
: Inside
: Public Sewer
$0
Address Map
CA
Los Angeles
North Hollywood
91602
Valley Spring
10714 -10718
W119° 38' 8.6''
N34° 8' 47.3''
Cross Street: Lankership Blvd
NHO - North Hollywood
Additional Information
$0
$0
$0
$0
$0
2800
: Sidewalks, Mountainous
1
2.0
: 2-5 Units/Acre
4
2026-05-25
2
: Public
Broker/Agent Information
Christie's RE SoCal
Karine Aslanian
Listing Information
G83280
G8531
Cash to New Loan
Active
2026-05-26T07:24:07Z
CRMLS
: Standard
2026-05-25T23:23:30Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us