The subject property is a luxury, 2018-constructed fourplex located in the heart of North Hollywood. This rare investment opportunity offers a modern, high-yield asset with NO RENT CONTROL (exempt from Los Angeles RSO), allowing for market-rate rental increases and significant long-term appreciation. The building features an exceptional unit mix consisting… Read More of two massive 3-bedroom, 2-bathroom units and two expansive 4-bedroom, 3-bathroom units. Each residence is designed with high-end finishes, including: Modern Kitchens: Sleek island kitchens with quartz countertops and stainless steel appliances. Designer Interiors: Open-concept floor plans featuring recessed lighting, vaulted ceilings, and durable vinyl plank flooring. Convenience: In-unit laundry hookups, central A/C and heat, tankless water heaters, and private balconies/patios. Parking: Ample on-site parking (approx. 6-8 spaces) ensures ease for tenants in this high-demand area. The property is a 3-minute drive from the North Hollywood Metro Station and moments away from the multi-billion dollar NoHo West development. Walk Score: 80 (Very Walkable) Demand: The densely populated North Hollywood submarket ensures consistently low vacancy rates and expeditious lease-ups. Read Less
Property listed by Keller Williams Beverly Hills, Morgan McMullin 310-432-6400
Listing Snapshot
Days Online
0
Last Updated
Beds
14
Square Ft.
5,783
Lot Size
0.18 Acres
Year Built
2018
MLS Number
26662015
Additional Details
Building
Built in 2018, Living area: 5783.0, 2 buildings, 2 stories, Levels: One
Cooling
None
Heating
None
Income
Gross Income: $164,220, Net Operating Income: $122,507
Lot
0.1791 acres, Dimensions: 60x130
Parking
8 total parking spaces, None
Taxes
Parcel Number: 2320014009, Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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