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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23054464
Sold Date 05/08/23
Bedrooms 3
HOA Y/N No
Lot Size 5,381 Sqft
Property Description
We are proud to represent this 9 unit apartment building in North Hollywood. The building was constructed in 1962. Its unit mix consists of (5) singles, (3) 1+1 units, and (1) 2+1 unit. With a lot size of 5,381 square feet, the property has a total of 4,837 rentable square feet. Seismic retrofitting has been completed. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest. The property is separately metered for gas and electricity.
We are proud to represent this 9 unit apartment building in North Hollywood. The building was constructed in 1962. Its unit mix consists of (5) singles, (3) 1+1 units, and (1) 2+1 unit. With a lot size of 5,381 square feet, the property has a total of 4,837 rentable square feet. Seismic retrofitting has been completed. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest. The property is separately metered for gas and electricity.
Location
State CA
County Los Angeles
Area North Hollywood (91601)
Zoning Assessor
Building
Lot Description Corner Lot
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $80
Acceptable Financing Cash
Space Rent $600
Listing Terms Cash
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Bought with Cindy Hill • Equity Union