10714 Valley Spring Lane, North Hollywood, California 91602, North Hollywood, 91602 - bed, bath

10714 Valley Spring Lane, North Hollywood, California 91602 home-pic-0

10714 Valley Spring Lane

North Hollywood, California 91602

ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
2,800Sq Ft
10,450Lot Size

Property Price

LIST PRICE$1,999,000

SUMMARY

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.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Location

    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.

  • Dual Investment & Owner-User Potential

    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.

  • Extensively Remodeled Owner's Unit

    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.

CONSRISKS & DEFICIENCIES

  • Unrenovated Secondary Units

    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.

  • Age of Original Construction

    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.

  • High Initial Investment

    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.

About 10714 Valley Spring Lane

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.

Property Details

Public Facts

Property Type
Quadruplex
Year Built
1946
Lot Size
10,450 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot2,8002,800
50%
Lot Size10,4507,307
67%
Price$2.00M$1.70M
67%
Price per sq ft$714$504
67%
Built year19461953
33%
HOA$0$0
50%
Days on market3250
33%

Pricing History

Listed for Sale

Feb 2, 2026

$1,999,000

Initial Listing

Sold

Oct 3, 2003

$655,000

Public Record

Sold

Jan 21, 2000

$345,000

Public Record

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