10714 Valley Spring Lane, North Hollywood, California 91602, North Hollywood, 91602 - 0 bed, 0 bath
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North Hollywood, California 91602
Analysis of 10714 Valley Spring Lane, North Hollywood, California 91602 is currently available with a list price of $1,999,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The 3-bedroom unit has been extensively upgraded and beautifully remodeled within the last 5 years, featuring a modernized kitchen with new white shaker cabinets, dark countertops, and stainless steel appliances, along with new bathrooms showcasing modern vanities, black fixtures, and marble-look tile. The unit also boasts updated flooring (wood-look laminate/LVP and tile), contemporary recessed lighting, and central air conditioning, aligning with 'Excellent' condition criteria despite the property's original built year.
Situated in the highly desirable Studio City area of North Hollywood, this property benefits from a high-demand rental corridor with proximity to renowned restaurants, retail, entertainment, major freeways, and employment hubs.
Offers significant versatility as both a strong income-producing multifamily investment and an attractive owner-user opportunity, allowing for lifestyle flexibility and expense offsetting with rental income.
The 3-bedroom, 2.5-bath single-family residence has been beautifully and extensively upgraded, featuring new bathrooms, a modernized kitchen, updated flooring, contemporary lighting, and central air conditioning.
While the main SFR is remodeled, the three 1-bedroom units are noted to have 'upside potential through future rent increases or light cosmetic improvements,' indicating they are not fully updated and may require additional capital investment to maximize their value.
Built in 1946, the property's underlying infrastructure and unrenovated units may present maintenance challenges or require more significant upgrades beyond cosmetic improvements in the long term.
The list price of $1.999 million represents a substantial capital outlay, which, combined with potential future renovation costs for the 1-bedroom units, could be a barrier for some investors.
Outstanding multifamily investment and owner-user opportunity with multiple points of access located in the highly desirable Studio City area of North Hollywood. Set on a generous 10,446± SF fully gated lot, this well-positioned 4 Unit property offers an excellent unit mix consisting of (3) 1 Bed / 1 Bath units and (1) beautifully remodeled 3 Bed / 2.5 Bath single-family residence, providing both strong income potential and lifestyle flexibility. The 3-bedroom home has been extensively upgraded, featuring new bathrooms, a modernized kitchen, updated flooring, contemporary lighting, and central air conditioning, making it ideal for an owner-user or commanding premium rental rates. The remaining one-bedroom units offer stable cash flow with upside potential through future rent increases or light cosmetic improvements. Additional highlights include a 2-car garage, ample on-site parking, and newly installed perimeter gating for enhanced privacy and security. Located in a high-demand rental corridor near Studio City’s renowned restaurants, retail, entertainment, and convenient access to major freeways and employment hubs. This is a rare opportunity to acquire a versatile, income-producing property in a supply-constrained submarket—perfect for investors seeking long-term appreciation or owner-users looking to live in a renovated home while offsetting expenses with rental income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,800 | 2,640 | 50% |
| Lot Size | 10,450 | 8,878.5 | 50% |
| Price | $2.00M | $1.62M | 50% |
| Price per sq ft | $714 | $609 | 50% |
| Built year | 1946 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 88 | 50% |
Feb 2, 2026
$1,999,000
Initial Listing
Oct 3, 2003
$655,000
Public Record
Jan 21, 2000
$345,000
Public Record