$1,100,000
$1,199,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
6,995 Sqft Lot
SOLD DATE : 06/11/2024
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-15661
Sold Date 06/11/24
HOA Y/N No
Year Built 2023
Lot Size 6,995 Sqft
Acres 0.1606
Property Description
Secure a great cash flow position with this ideal 12 unit apartment building in a growing rental market just 10 minutes from the NoHo Arts District! Already RTI, break ground on this 12 unit mix consisting of 8 comfortable 1bed/1bath units and 4 1 Bedroom/2bath units with extra office spaces. All the units have in-unit washer/dryer hookups. Command above market rents with a spacious rooftop common space which includes planters and barbecue grills. With North Hollywood's rental market continuing to increase this is truly an ideal development opportunity.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Rooms
Ensuite Laundry Laundry Closet
Interior
Laundry Location Laundry Closet
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Laundry Closet
Exterior
Garage Assigned, Garage
Garage Spaces 11.0
Garage Description 11.0
Fence None
Pool None
Community Features Valley
View Y/N Yes
Parking Type Assigned, Garage
Total Parking Spaces 11
Private Pool No
Building
Lot Description Sprinklers None
Faces North
Story Three Or More
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Others
Senior Community No
Tax ID 2321009040
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Yonathan Canete Baltazar • The Agency
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "