Active

12408 Archwood

North Hollywood, CA 91606

$1,750,000 $7,378/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

4,599

Sqft

6,568

Sqft(Lot)

Description

Outstanding investment opportunity in the desirable Valley Glen neighborhood of North Hollywood, a highly sought-after submarket within the San Fernando Valley. This well-maintained five-unit property offers approximately 4,600 square feet of living space on a 6,566-square-foot lot and presents an ideal combination of immediate rental income and upside potential with three vacant units, including a beautifully rebuilt single-story 3-bedroom, 2-bath home with central A/C, providing the flexibility to lease at today's market rents, accommodate owner occupancy, or both. The property features a beautifully rebuilt single-story 3-bedroom, 2-bath home that has been completely renovated with quality finishes throughout, central air conditioning, and is currently vacant. Also included are two 2-b edroom, 1-bath units, including one vacant unit featuring a brand-new kitchen, new appliances, new flooring, and fresh interior paint. Completing the property are two 1-bedroom, 1-bath units, including one vacant unit that has also been updated with a brand-new kitchen, new appliances, new flooring, and fresh interior paint. Additional amenities include convenient rear carport parking, on-site attached laundry facilities, and an attractive unit mix that appeals to a broad tenant base. Ideally located across from Rhodes Avenue Park and near Valley College, the NoHo Arts District, shopping, dining, public transportation, and major freeway access, this property offers exceptional convenience for tenants. Whether you're an investor looking to maximize cash flow or an owner-user seeking to live in the 3-bedroom home while generating rental income, this is a rare opportunity in a sought-after location with tremendous income potential.

Property Details

Property Type : ResidentialIncome

Price : $1,750,000

AD Id : 86161739

MLS Id : PW26135380

Lot Size : 6,568 Sqft

Living Area Size : 4,599

Year Built : 1959

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Building Information

Year Built: 1959

Building Area Total: 4599

Stories: 1

Pool Features: None

Private Pool: No

Lot Information

Main Square Feet: 6568 Lot Size Acres: 0.1508 Lot Size Source: Assessor Lot Size Square Feet: 6,568 Lot Description: 0-1 Unit/Acre

Listing Price Information

Listing Price: $1750000

Cash to New Loan

Tax Information

Parcel Number: 2333002038 Tax Lot: 16

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 5 Attached Carport, Covered

Location Information

Direction: S of Vanowen St & E of Whitsett Ave WaterSource: Public

Sell a home like this and save $104,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6264 Willowcrest Avenue, North Hollywood, CA, 91606	$1,325,000	3	2	--
10550 Oxnard Street, North Hollywood, CA, 91606	$1,189,999	3	3	1,942	1,942 SqFt
6306 Denny Avenue, North Hollywood, CA, 91606	$888,000	2	1	1,231	1,231 SqFt
6230 Denny Avenue, North Hollywood, CA, 91606	$875,875	2	1	940	940 SqFt
6127 Denny, North Hollywood, CA, 91606	$1,195,000	4	4	2,373	2,373 SqFt
6101 Denny Avenue, North Hollywood, CA, 91606	$1,300,000	6	4	3,000	3,000 SqFt
10943 Kittridge Street, North Hollywood, CA, 91606	$759,950	3	2	1,339	1,339 SqFt
10816 Calvert, North Hollywood, CA, 91606	$1,150,000	5	3	2,023	2,023 SqFt
6171 Cleon, North Hollywood, CA, 91606	$950,000	5	4	2,300	2,300 SqFt
6763 Case Avenue, North Hollywood, CA, 91606	$1,399,000	6	5	2,290	2,290 SqFt