Rare Multi-Unit Opportunity in Prime North Hollywood Location~ Well located four-unit apartment building with a separate single family residence on same lot in the heart of North Hollywood. This unique property offers a strong unit mix and excellent upside potential, making it ideal for investors or owner-users seeking multiple income… Read More streams. The apartment building consists of four units with solid rental history and value-add potential. The detached single-family residence provides flexibility for additional income, owner occupancy, or future repositioning. Several units are currently rented below market value, presenting an opportunity to increase cash flow over time. Conveniently located near 101, 134, and 170 , the property offers excellent commuter access throughout Los Angeles, including Hollywood, Studio City,Burbank, and downtown LA. Tenants benefit from proximity to shopping, dining, entertainment and major employment hubs. This is a compelling opportunity to acquire a mixed-use residential asset in a high-demand rental market with long-term appreciation potential. Read Less
Property listed by Century 21 Masters, Shellye Milazzo Wilson 951-316-4730
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.19 Acres
Year Built
1941
MLS Number
IG26042388
Additional Details
Building
Built in 1941, 2 buildings, 1 storey, Entry level: 1, Entry location: Front
Community
Suburban
Cooling
WallWindowUnits
Expenses
Insurance: $4,000, Operating: $1, Trash: $3,357
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $69,324, Gross ScheduledIncome: $69,324, Net Operating Income: $54,000
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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