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/// FOR SALE · EXCLUSIVE LISTING · NORTH HOLLYWOOD

11901 ValerioSt..

LISTEDNORTH HOLLYWOOD · 18 UNITS · 1990 CHARACTER BUILD
/// WHERE DO WE REACH YOU?

ONE EMAIL, USED TO KEEP THIS LIST AND TO TELL YOU IF A WATCHED BUILDING LISTS OR SELLS. UNSUBSCRIBE ANY TIME.

$4,275,000
18
UNITS
11,316
BLDG SF
26,270
LOT SF
1990
YEAR BUILT
9.8
GRM IN-PLACE
7.4%
CAP PRO FORMA
11901 Valerio St., front elevation
11901 Valerio St., unit interior
11901 Valerio St., courtyard
11901 Valerio St., aerial / roof
11901 Valerio St., street context
/// THE STORY

Non RSO building in high demand submarket..

11901 Valerio Street presents an attractive opportunity to acquire a well-maintained 18 unit multifamily property in North Hollywood. Built in 1990, the property offers a desirable combination of scale, parking, and long-term upside, with 40 parking spaces and an approximately 26,270-square-foot lot. The property has benefited from meaningful capital improvements, including a complete copper plumbing repipe and roof replacement, both completed in 2018. In addition to its strong existing physical fundamentals, the asset offers multiple avenues for future income growth, including the opportunity to monetize existing storage units and explore ADU potential. With a relatively modern construction profile, 11901 Valerio Street provides investors with a compelling blend of stability, quality, and value-add potential in a well-established North Hollywood location.

/// THE NUMBERS · BOTH WAYS
IN-PLACEPRO FORMA
GROSS SCHEDULED INCOME$438,636-
OPERATING EXPENSES$142,580$142,580
NET OPERATING INCOME$296,056-
CAP RATE6.4%7.4%
GRM9.75-
/// ZONING & DEVELOPMENT
LOT SIZE26,270 SF

Potential for up to 12 ADUs

/// RENT CONTROL STATUS
LA RSONOT SUBJECT TO RSO

Not subject to RSO

LOADING THE NUMBERS…
/// TOURS TUE / THU · OFFERS AS WRITTEN

Talk to Shaya.

LYON STAHL INVESTMENT REAL ESTATE · DRE #01942326