$1,000,000
$1,000,000
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2,392 SqFt
SOLD DATE : 05/22/2024
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,392 sqft
Price per Sqft $418
MLS Listing ID SR24066611
Sold Date 05/22/24
HOA Y/N No
Year Built 1954
Lot Size 5,079 Sqft
Acres 0.1166
Property Description
We are pleased to present a 4 unit value add investment opportunity near Oxnard and Vineland in North Hollywood with approximately 34% rental upside! Excellent unit mix of two 2 bedroom / 1 bath units and 2 one bedroom / 1 bath units. The well-maintained building features a brand new roof, new windows, and in-unit improvements such as granite countertops, remodeled bathrooms, and updated flooring. Uncovered parking in the front of the building with 4 parking spaces which may be converted to ADUs for additional rental income. Minutes away from the new NoHo West Shopping Center, NoHo Arts District, Burbank Airport, and the numerous restaurants, theaters, and art galleries on Lankershim Boulevard, the property is in a booming rental market, making it a solid investment opportunity.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAC2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs, Park, Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2415012027
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA
Listing Terms Cash, Cash to New Loan, Conventional, FHA
Financing Conventional
Special Listing Condition Standard
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Bought with Aleen Mayelian • Keller Williams Realty Calabasas
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "