We are pleased to offer this eight unit investment opportunity, located in the City of North Hollywood. The unit mix consists of six 1+1 and two 2+2 units. The investment consists of approximately 6,467 of rentable square feet and is situated on an approximately 8,178 square foot parcel. Recent property upgrades include a new surveillance system, new exterior lighting, new exterior building and unit numbers, and five of the units have recently been renovated. The building amenities include a large parking area with nine total spaces, a an on-site laundry room for additional income, and the property is separately metered for electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is subject to the Los Angeles Soft-Story Retrofit Program.
Mls | 24420243 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1963 |
Days On Site | 131 |
Listing Provided By | BRC Advisors- BH | Griffin White |
Beds | 10 |
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Baths | 10 |
Sq Feet | 6,467 |
Storys | 1 |
Units | 8 |
Buildings | 1 |
Zoning | LARD1.5 |
Acreage | 0.19 |
State | CA |
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County | Los Angeles |
City | North Hollywood |
Zip Code | 91606 |
Area | NHO North Hollywood |
Listing VS Median (in 91606) | |
Price: $2,050,000 low | high Med: $1,700,000 SqFt: 6,467 low | high Med: 2,971 $ / SqFt: $317 low | high Med: $572 On Site: 131 low | high Med: 89.000000 |