Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

10718 Valley Spring Lane

North Hollywood, CA, 91602

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$1,999,000

MLS: GD26036399

Beds

6

Baths

6

Sq Ft

2,800

Lot

0.24 ac

Year Built

1946

MLS #

GD26036399

Days on Market

62

Listed

Feb 17, 2026

Description

A rare opportunity to own a beautifully remodeled single-family residence in one of the most desirable pockets near Studio City—enhanced by additional income-producing units on the property. The standout feature is the extensively upgraded 3 Bedroom / 2.5 Bath home, thoughtfully renovated to combine modern design with everyday functionality. The residence showcases newly remodeled bathrooms, a stylishly updated kitchen with contemporary finishes, upgraded flooring throughout, modern lighting, and central air conditioning. The spacious layout offers comfortable living and entertaining areas, making it ideal for an owner-user seeking a turnkey home in a prime location. The gated setting, generous lot size (10,446± SF), and multiple access points provide privacy, flexibility, and convenience rarely found at this price point. The home delivers the feel of a private residence while benefiting from the security and versatility of a well-maintained multi-unit property. As an added bonus, the property also includes three (3) additional 1 Bedroom / 1 Bath units, offering steady rental income and long-term upside potential. These units provide an excellent opportunity to offset ownership costs or enhance overall investment returns in a high-demand rental corridor near Studio City’s restaurants, retail, entertainment, and major employment centers. An exceptional blend of lifestyle and income in a premier, supply-constrained market.

Location

North Hollywood, Los Angeles County, CA 91602

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Listed by: Karine Aslanian · The Agency

Payment estimate

$14,186

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $199,900 · Loan: $1,799,100

%
Principal & Interest
$11,054
Property tax (1.25%)
$2,082
Homeowners insurance
$300
Mortgage insurance
$750
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this North Hollywood home with as little as 3.5% down using an FHA loan — roughly $69,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Toluca Lake, CA 91602 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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