Thank you
Anie Mayelian
Keller Williams Realty Calabasas
818-657-6500
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.
Sell a home like this and save $59,501 Find Out How
Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1065261525 | 1 | 1 | 1 | 0 |
2 | 1065261525 | 1 | 1 | 1 | 0 |
3 | 1065261525 | 1 | 2 | 1 | 0 |
4 | 1065261525 | 1 | 2 | 1 | 0 |
Water Source : Public
Sewer : Public Sewer
Year Built: 1954
Building Area Total: 2,392
None
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1166
Lot Size Source: Assessor
Lot Size Square Feet: 5079
Original List Price: 1,000,000
Listing Contract Date: 2024-04-04
Listing Agreement: Exclusive Right To Sell
Parcel Number: 2415012027
Lease Term: Negotiable
Source Listing Status: Pending
Source Neighborhood: NHO - North Hollywood
Postal Code Plus 4: 1421
Directions: Oxnard St & Vineland Ave
Zoning: LAC2
Source Property Type: Residential Income
Area: NHO - North Hollywood
Property SubType: Quadruplex
Property Age: 70
Common Walls: 1 Common Wall
Structure Type: Quadruplex
Year Built Source: Assessor
Entry Level: 1
Entry Location: Whitnall Hwy
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
10835 Magnolia Boulevard, North Hollywood, CA,91601 | $3,500,000 | -- | -- | 3,200 | 5510 Sqft |
5620 Cartwright Avenue, North Hollywood, CA,91601 | $1,100,000 | 5 | 4 | 2,408 | 8871 Sqft |
5421 Denny Avenue, North Hollywood, CA,91601 | $1,200,000 | 2 | 1 | 776 | 5581 Sqft |
5739 N Canvas Court, North Hollywood, CA,91601 | $1,020,000 | 3 | 3 | 1,912 | 1114 Sqft |
5731 N Canvas Court, North Hollywood, CA,91601 | $1,149,000 | 3 | 3 | 1,891 | 1617 Sqft |
11304 Tiara, North Hollywood, CA,91601 | $1,595,000 | 5 | 2.5 | 4,117 | 7001 Sqft |
5735 N Canvas Court, North Hollywood, CA,91601 | $999,000 | 3 | 3 | 1,912 | 1114 Sqft |
5611 Fulcher Avenue, North Hollywood, CA,91601 | $4,600,000 | 23 | -- | 12,598 | 14030 Sqft |
4825 Craner Avenue, North Hollywood, CA,91601 | $1,025,000 | 3 | 3 | 1,681 | 933 Sqft |
5617 Denny Avenue, North Hollywood, CA,91601 | $1,349,800 | 5 | 4 | 1,802 | 7430 Sqft |
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 05/10/2024 @ 17:37
MLS: SR24066611
LISTED BY: Anie Mayelian, Keller Williams Realty Calabasas
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.