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.
For sale
$1,149,000
12001 Valerio St, North Hollywood, CA 91605
10beds
6baths
4,293sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$1,132,400 Zestimate®
$268/sqft
$-- HOA
What's special
- 49 days
- on Zillow |
- 528 |
- 40 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 05:06pm
Listed by:
Vivian Chaing DRE # 01983759 310-463-5181,
Property Concierge 310-463-5181,
Mark Ehlers DRE # 01955008 310-667-1469,
Imperial Real Estate
Source: CLAW,MLS#: 25553831

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Bathroom
- Features: Shower Over Tub
Heating
- Wall
Cooling
- Wall Unit(s)
Appliances
- Included: Washer, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven
- Laundry: Common Area, Laundry Area, Gas Dryer Hookup
Features
- Flooring: Laminate
Interior area
- Total structure area: 4,293
- Total interior livable area: 4,293 sqft
Property
Parking
- Total spaces: 7
- Parking features: Carport, Driveway Gate, Driveway, Parking Space, Assigned
- Carport spaces: 3
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,501.63 Square Feet
- Dimensions: 50 x 110
Details
- Additional structures: None
- Parcel number: 2317014009
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1964
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Gated, Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: North Hollywood
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $1,072,774
- Date on market: 6/20/2025
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