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10621 Valley Spring Ln
North Hollywood, CA 91602 Studio City

Price Upon Request

Apartments For Sale  •  44,848 SF

Property Details

  • Property Type Apartments
  • Total Building Size 44,848 SF
  • Lot Size 0.41 AC
  • Building Class B
  • Year Built 1987
  • Zoning R3, Los Angeles
51 Transit Score
77 Walk Score

Highlights

Favorable Assumable Financing with JP Morgan Chase. 3.80% fixed for approximately 3.5 more years.
45-unit value add apartment building in beautiful West Toluca Lake/North Hollywood – constructed in 1987
Current rents are approximately 25% under market providing a new investor the opportunity to renovate units and common areas to maximize rental income
An excellent unit mix consisting of 15 one-bedroom/one-bathroom units* and 30 two-bedroom/two-bathroom units

Amenities

  • Air Conditioning
  • Balcony
  • Fireplace
  • Laundry Facilities
  • Spa
  • Heating
  • Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 4.2 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.2 mi
AirportDriveWalkDistance
Bob Hope 9 min - 4.6 mi
Los Angeles International 34 min - 24.3 mi
Long Beach (Daugherty Field) 45 min - 33.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes