Rare opportunity to acquire a 5-unit North Hollywood apartment building with proven market rents on two repositioned leases and an eye for opportunity with remaining three units ripe with upside to unlock. Spanning a total of 4,293 sf across a 5,500 sf RD 2-1 zoned TOC Tier 1 lot in… Read More an Opportunity Zone, this property consists of a stable mix of (1) one-bedroom, (3) two-bedrooms & (1) three bedroom units. A total of five parking spaces service the building and soft story retrofit was completed in 2021. This property is ideally situated nearby transit corridors, hiking, schools, parks, and shopping, as well as easily accessible from Southern California employment hubs, such that rental demand will remain stable for the foreseeable future. Purchase price contemplates that property will be delivered with current tenants in place and will be revised upward in event of turnover. Read Less
Courtesy of Property Concierge 310-463-5181
Listing Snapshot
Days Online
10
Last Updated
Property Type
Other
Beds
10
Square Ft.
4,293
Lot Size
0.13 Acres
Year Built
1964
MLS Number
25553831
30 Days Snapshot Of 91605
$950k
0%
(avg) sold price
34
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Gas Dryer Hookup, Washer, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven
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