$757,500
$750,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
3,318 SqFt
SOLD DATE : 06/26/2013
Key Details
Sold Price $757,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,318 sqft
Price per Sqft $228
MLS Listing ID SR13061123
Sold Date 06/26/13
HOA Y/N No
Year Built 1950
Tax Year 2012
Lot Size 6,969 Sqft
Acres 0.16
Property Description
This 7 unit apartment building located in the desirable NHO arts district of North Hollywood. The building was built in 1950 and has a unit mix of (4) 1 + 1 and (3) large singles. There is upside in the existing rents.
The building is 3,318 square feet and is situated on a 6,989 square foot lot. The building has been well maintained by the current owner and the property features mostly copper plumbing, a pitched roof, nine parking spaces and some of the interiors have been upgraded with pergo flooring. The singles are large and have a full kitchen and ample closet space.
An astute investor will enjoy the historic low interest rates, the upside in rents and the dramatically improving area.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Fireplace No
Exterior
Pool None
Community Features Curbs
Utilities Available Sewer Connected
Total Parking Spaces 9
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 2417006006
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Cindy Hill • Keller Williams Realty - Studi
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "