North Hollywood, CA 91601,Address not disclosed

$625,000

$669,000

6.6%
Est.Price: ?

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Est. payment /mo

2,232 SqFt


SOLD DATE : 03/22/2013

Key Details

Sold Price $625,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,232 sqft

Price per Sqft $280

MLS Listing ID CC324002

Sold Date 03/22/13

HOA Y/N No

Year Built 1948

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Close to shopping, transportation and employment. This attractive 5 unit building has gross rental income of $4787 (annual $57,444). House (2 bedrooms): $1587, single: $650, single: $650, 1 bedroom: $750, 1 bedroom: $825, garage: $125, garage: $125, garage: $75. In 1988 the city approved the vacation of McCormick Street, which would expand the property. The street vacation was not completed and was cancelled in 2006, due to inactivity by the owners. However, the reasons for vacating McCormick Street are still present, and a subsequent owner may be able to complete the street vacation process.. Comments Title: Income property with lot expansion potential.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Fireplace No

Exterior

Carport Spaces 3

Total Parking Spaces 8

Building

Story 2

Others

Tax ID 2416006007

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Phyllis Harb • Prudential California Realty
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