10714 Valley Spring Ln

North Hollywood, CA 91602

$1,999,000
Price
6
Beds
6
Baths
2,800 Sq. Ft.
$714 / Sq. Ft.
2,800
Sq. Ft.
$714
per Sq. Ft.
New
New

Description

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...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.
  1. Listed by Karine Aslanian • DRE #01331967 • Brokerage DRE #01904054 • The Agency • 818-355-4906

Property Details for 10714 Valley Spring Lane

Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Air
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
2+ Common Walls
New Construction
No
LISTING UPDATED: 02/02/2026 04:01 PM

Property Details for 10714 Valley Spring Lane

StatusActive
MLS #GD26024682
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1946
Lot Size0.24 AC / 10,450 SF
CountyLos Angeles County

Location

Listing Courtesy of The Agency, Karine Aslanian, DRE #01331967
Add your commute

Building Information for 10714 Valley Spring Lane

Stories2Residences-Year Built1946Building Size-Lot Size0.24 AC / 10,450 SF

Payment Calculator

$10,667 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,743

Property Taxes

$924

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10714 Valley Spring Lane

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Other, See Remarks, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $120,360
  • Gross Scheduled Income: $120,360
  • Gross Spendable Income: $120,360
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $120,360
  • Net Operating Income: $86,983
  • Gross Multiplier: 16.58
  • Cap Rate: 4.36
Expense Details
  • Operating Expense: $33,378
  • New Taxes Expense: $24,938
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Pest Control Expense: $240
  • Electric Expense: $0
  • Insurance Expense: $4,000
  • Trash Expense: $0
  • Water Sewer Expense: $3,000
  • Total Expenses: $33,378
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 6136
  • CFD/Mello-Roos Fee: $585
  • Tax Lot: 39
Community / Development
Community / Development
  • Community Features: Biking, Golf, Lake, Park, Sidewalks
Property / Structure Info
Interior Features
  • Interior Features: Balcony, Recessed Lighting
  • Room Type: Sun
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Cooling: Central Air
  • Heating Type: Central, See Remarks
  • Heating: Central, See Remarks
  • Heat Equipment: Other/Remarks
  • Flooring Type: Laminate, Tile, Wood
  • Flooring: Laminate, Tile, Wood
Exterior Features
  • Roof: Shingle
  • Entry Location: Ground Level
  • Pool Features: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Land Lease: No
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,690
  • Unit Type Total Rent: $1,690
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,050
  • Unit Type Total Rent: $1,050
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,790
  • Unit Type Total Rent: $1,790
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1

Property History for 10714 Valley Spring Lane

DateEvent & SourcePriceAppreciation
Feb 2, 2026

Listed (Active)

SDMLS #GD26024682

$1,999,000—
Feb 2, 2026

Listed (Active)

CRMLS #GD26024682

$1,999,000—
Nov 25, 2013

Withdrawn / Cancelled

CRMLS #13704979

$900,000—
Nov 25, 2013

Withdrawn / Cancelled

CLAW #13-704979

—
Sep 17, 2013

Listed (Active)

CRMLS #13704979

$900,000—
Sep 17, 2013

Listed (Active)

CLAW #13-704979

$900,000—
Oct 3, 2003

Sold (Public Record)

Public Record #121253111

$655,000—
Jun 10, 1998

Expired

CLAW #736376

$335,000—
Dec 19, 1997

Listed (Active)

CLAW #736376

$335,000—
Oct 1, 1997

Expired

CLAW #712747

$355,000—
Apr 18, 1997

Listed (Active)

CLAW #712747

$355,000—
DateEvent & SourcePrice
02/02/2026

Listed (Active)

SDMLS #GD26024682

$1,999,000
02/02/2026

Listed (Active)

CRMLS #GD26024682

$1,999,000
11/25/2013

Withdrawn / Cancelled

CRMLS #13704979

$900,000
11/25/2013

Withdrawn / Cancelled

CLAW #13-704979

—
09/17/2013

Listed (Active)

CRMLS #13704979

$900,000
09/17/2013

Listed (Active)

CLAW #13-704979

$900,000
10/03/2003

Sold (Public Record)

Public Record #121253111

$655,000
06/10/1998

Expired

CLAW #736376

$335,000
12/19/1997

Listed (Active)

CLAW #736376

$335,000
10/01/1997

Expired

CLAW #712747

$355,000
04/18/1997

Listed (Active)

CLAW #712747

$355,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10714 Valley Spring Lane

Taxable ValueLand$547,543Additions$336,870Total$884,413
Tax Record2025$11,087 ($924 / month)
Home Facts
Total Finished SqFt2,800 SqFtAbove Grade Finished SqFt2,800 SqFtLot Size10,447 SqFtStyleQuadraplexYear Built1946ZoningLARD2CountyLOS ANGELESAPN2423-026-018

Schools near 10714 Valley Spring Lane

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Rio Vista Elementary School
Public - K to 5
Walter Reed Middle School
Public - 6 to 8
North Hollywood Senior High School
Public - 9 to 12
Science Academy STEM Magnet
Public - 6 to 12
Rating
School
Distance
Rio Vista Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Science Academy STEM Magnet
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 10714 Valley Spring Lane, North Hollywood, CA 91602

10714 Valley Spring Lane is a multi-family home for sale in North Hollywood, CA 91602. This property was listed for sale on February 2, 2026 by The Agency, it's currently listed at $1,999,000. It has been on the market for a total of 0 days and was last sold on October 3, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Rio Vista Elementary School, Walter Reed Middle School and North Hollywood Senior High School. 10714 Valley Spring Lane is a 6-bed, 6-bath, 2,800 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Karine Aslanian, DRE #01331967

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.