$670,000
$659,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
10,018 Sqft Lot
SOLD DATE : 06/20/2014
Key Details
Sold Price $670,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR14054928
Sold Date 06/20/14
HOA Y/N No
Year Built 1939
Tax Year 2013
Lot Size 10,018 Sqft
Property Description
Excellent opportunity to purchase a 5-unit investment property in the city of North Hollywood. This property is currently fully occupied and consists of a perfect unit mix for the area featuring One - 2 Bed / 1 Bath unit, Two - 1 Bed / 1 1/2 Bath units w/ yards, One 1 Bed / 1 bath unit, Studio w 1 bath unit. 6 parking spaces on property. The living square footage of the property is 3,506 and the over sized large lot is 10,000 square feet. The property is zoned LARD 1.5 so there is a possibility to build more units, buyer to inquire, investigate and complete due diligence. The location is centrally located not far from many jobs, the Burbank Airport, Universal Studios, shopping, dining, schools, and entertainment. This opportunity truly offers upside in market rents. Rents are clearly below other properties in area. One tenant may be leaving so there may be an opportunity to increase rent. Please do not disturb tenants!!!
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Fireplace No
Exterior
Garage Assigned
Pool None
Community Features Suburban, Valley
Utilities Available Sewer Available
Total Parking Spaces 6
Private Pool No
Building
Story One
Entry Level One
Water Public
Level or Stories One
Others
Tax ID 2335012010
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Raymond Ovsepyan • Metropolitan R. E. Group, Inc
GET MORE INFORMATION
REALTOR® | Lic# 02111780