Turnkey Income Property Opportunity in the Thriving Noho Arts District! Just like two homes on a lot, this recently remodeled Duplex is fully occupied & income producing. Main house consists of 2 bed/1 bath w/ spacious floor plan. Back house consists of 1 bed/1 bath plus large bonus room that can be used as an office or den. Upgrades in both units consist of laminate wood flooring, newer windows, newer roof, remodeled kitchens w/ quartz counter tops, recessed lighting, new water heaters, & newer heat/AC units. Both homes have large backyards. Two separate gas and electrical meters w/ updated electrical panels and wiring. Laundry on site for each unit. Solar system. Parking for each unit w/ car charging station. Potential for ADU addition to add value. Walking distance to Fair Ave Elementary & just minutes to the best shopping, dining, & entertainment the area has to offer. A unique investment opportunity in an amazing neighborhood!
$50K price reduction! This duplex, located in the rapidly developing North Hollywood Arts District, offers a fantastic opportunity. The front unit (5620) features a spacious living room with a fireplace, 2 bedrooms, 2 bathrooms, a kitchen, rear patio, front yard, and a detached two-car garage. Laundry facilities are located on the rear patio. The newly built, two-story rear unit (5618) has its own private entry, separated by a gate. The first floor includes a living room, kitchen, dining area, and half bath, with direct access to its own two-car garage with laundry facilities. Upstairs, the master bedroom includes an en-suite bathroom, and two additional bedrooms share a Jack and Jill bathroom. The property includes a total of 2,408 sq ft of living space and sits on an 8,874 sq ft lot. Both units feature private entries and garages, offering excellent potential in a vibrant neighborhood.
Great Opportunity for both Owner Occupied and Investment buyers to acquire 2 houses on 1 lot. Main house is 3 beds 2 baths 1135 qf ft, Currently divided into 1 single with 1 bath and 2 beds with 1 bath. Back house is a 1bed 1 bath 637 sq ft. ADU built in 2018 and, in 2023, the owner added another 500 sq ft to the building transforming it to 3 beds 2 baths, which currently is used as 2 1 bed 1 bath units. The owner has also pulled the permits for 3 1 bed and 1 bath units for overall 1700 sq ft instead of the main house in the front. Limitless opportunity for the new owners of this property.
We are pleased to present 12800 Oxnard Street, a three-unit multifamily property located in Valley Glen, CA. This property offers a rare value-add opportunity in a desirable pocket of the San Fernando Valley, with strong potential for rental growth. Built in 1959 and fully renovated in 1988, the property sits on a 0.16-acre corner lot, providing excellent visibility and accessibility. It consists of three spacious two-bedroom, two-bathroom units, each exceeding 1,000 square feet in size. All units feature private patios, replaces, and central air conditioning, offering tenants both comfort and modern amenities. The property is separately metered for utilities, reducing operating expenses, and includes on-site laundry facilities for added convenience. There are three parking spaces located behind the property with easy alleyway access. 12800 Oxnard Street is not subject to Los Angeles Rent Control (RSO) due to a luxury exemption, providing additional exibility for rental increases. With one unit currently vacant, an investor can start renovations immediately and achieve market rents. The market rent for similar two-bedroom, two-bathroom units in the area is approximately $3,000 per month, offering substantial upside potential.Located at 12800 Oxnard Street, this property is ideally situated in the heart of Valley Glen, combining suburban charm with urban convenience. Residents enjoy proximity to Valley College, Valley Glen Community Park, and Whitsett Sports Field, making the area ideal for both leisure and education.The property is well-connected, with access to major freeways including the 101 and 170, as well as public transportation options, ensuring smooth commutes throughout Los Angeles. Additionally, it is a short drive from the bustling hubs of North Hollywood and Studio City, providing access to vibrant shopping, dining, and entertainment venues. With its central location in the San Fernando Valley and proximity to employment centers, retail destinations, and recreational amenities, 12800 Oxnard Street is perfectly positioned to attract long-term tenants and capitalize on the area's consistent rental demand.
Discover this new construction and meticulously remodeled, two-unit property in North Hollywood! With two vacant units on one lot, and the potential to easily convert part of the front house to a third unit, the opportunity is unbeatable. The brand new ADU at 11490 Erwin St offers 3 bedrooms, 2 bathrooms, and boasts 1,260 square feet of chic, contemporary design. The front house, located at 11488 Erwin St, has been completely renovated and added to, features 3 bedrooms, 3 bathrooms, spans 1,630 square feet, and has the potential to be converted to another unit. Each unit has its own separate address and is individually metered for electricity and gas. The thoughtfully designed interior showcases recessed lighting, luxury vinyl plank flooring, and smart features. Each kitchen is equipped with high-end appliances and Quartz countertops, offering both functionality and style. The bathrooms have been tastefully updated with modern fixtures and lighting, creating a sleek and contemporary feel. Additionally, each unit includes a convenient in-unit washer and dryer. Some unique features of each house include a beautiful wood burning fireplace in the front house, and fully owned and paid off solar panels on the ADU. The property's incredible location offers close proximity to supermarkets, shopping centers, schools, dining options, parks, and more. Don't miss out on the chance to own this exceptional property that seamlessly blends modern living with convenience and investment potential.
11461 Albers Street is located between Camellia Avenue and Tujunga Avenue in the Arts District of North Hollywood. This multifamily property has twelve units, seven two-bedrooms, and five one-bedroom apartments spread over 9,747 square feet on 13,020 square feet of land and was built in 1964. The building is situated four blocks from the North Hollywood Reception Center, The Cage Roller Hockey Rink, four blocks from the North Hollywood Metro train station, five blocks from NOHO central arts district; that features plethora art, cafes, restaurants, studios, bars, workspaces, shopping and a vital employment hub for the North Hollywood. Don't miss out on this investment opportunity!
Ideally located in the heart of North Hollywood, this 4774 sq. ft. quadruplex presents a rare and unique investment opportunity. Situated on the corner of Bakman Ave & Landale St, in the highly desirable Studio City/Toluca Lake adjacent area, this property offers both residential charm and tremendous rental potential. The property features a single-family residence at 4454 Bakman Ave and 3 separate rental units at 11320 Landale St, making it an ideal choice for both owner-occupants and investors seeking consistent income. This newly painted 1,440 sq. ft. SFR offers a spacious layout, perfect for comfortable living. Featuring 3 bedrooms and 2 bathrooms, a family room/den, & new flooring throughout, gives this home a fresh, modern feel. The living room/dining area is enhanced by a beautiful brick fireplace, creating a cozy atmosphere, with sliders opening to a private patio and adjacent side yard. Located just steps from the main house, the 3 rental units - approximately 3,334 total sq. ft. offer excellent income potential. The units comprise of one - 2-bedroom, 1 1/2-bath unit with a private small, enclosed patio area, and Two - 1-bedroom, 1-bath units, each, with on-site parking and individual hot water heaters. This property offers the perfect mix of private residence and rental income, with a location that is in close proximity to trendy Tujunga Village, popular dining spots like Jon & Vinny’s, and Woodbridge Park. Dont miss this one of a kind opportunity!
Attention Investors! Don't miss out on this prime opportunity in the heart of North Hollywood, one of LA's hottest up-and-coming neighborhoods. The NOHO Arts District is buzzing with energy and rapidly gaining recognition as one of the trendiest locales in Los Angeles. Known for its vibrant arts scene, NOHO boasts over 12 live theaters, professional dance and acting studios, recording studios, and a dynamic mix of dining and nightlife options. Plus, with direct access to the Metro Link, NOHO offers convenient connections to the rest of the city. This unique property features three detached units no shared walls offering privacy and flexibility for both investors and owner-occupants. *Front House (5258 Cleon Ave): A charming 2-bedroom, 1-bathroom home with approximately 1,100 sq. ft. of living space. The unit is equipped with modern amenities, including a washer and dryer, stove, built-in microwave, dishwasher, garbage disposal, refrigerator, custom kitchen completely renovated with granite counter tops. Four window AC units: one in each bedroom and one in living room and dining room. *Back House (5256 Cleon Ave): A cozy 1-bedroom, 1-bathroom house with approximately 460 sq. ft. of living space, complete with a refrigerator, stove, and window AC unit in the bedroom and living room, full bathroom with bathtub and marble floor. *Studio Unit (5256 1/2 Cleon Ave): A spacious studio apartment, offering approximately 380 sq. ft. of living space. The unit features a full kitchen, stove,refrigerator, garbage disposal, custom cabinets and bathroom with a bathtub and shower, ample closet space with sliding mirrored doors, and a window AC unit. The property includes a carport and 2-car parking pad in front of the back units and a long driveway with space for at least 2-3 additional vehicles. The front yard is fully fenced and offers a private garden for the front house, while the back units share a beautifully landscaped communal garden with roses and other greenery. A storage shed behind the two back units adds extra convenience. The studio unit (5256 1/2 Cleon Ave) will be delivered vacant, making this an ideal opportunity for anyone looking to live in the studio while renting out the other two units for steady income. It's also the perfect setup for a college-age student or a young professional looking to start investing. With new developments popping up in the area, including next door, the potential for growth is significant. Whether you choose to hold and rent, develop the property further, or simply enjoy the income stream, the possibilities are endless. Opportunities like this don't come around often so act fast before it's gone!
Attention Investors! Don't miss out on this prime opportunity in the heart of North Hollywood, one of LA's hottest up-and-coming neighborhoods. The NOHO Arts District is buzzing with energy and rapidly gaining recognition as one of the trendiest locales in Los Angeles. Known for its vibrant arts scene, NOHO boasts over 12 live theaters, professional dance and acting studios, recording studios, and a dynamic mix of dining and nightlife options. Plus, with direct access to the Metro Link, NOHO offers convenient connections to the rest of the city. This unique property features three detached units no shared walls offering privacy and flexibility for both investors and owner-occupants. *Front House (5258 Cleon Ave): A charming 2-bedroom, 1-bathroom home with approximately 1,100 sq. ft. of living space. The unit is equipped with modern amenities, including a washer and dryer, stove, built-in microwave, dishwasher, garbage disposal, refrigerator, custom kitchen completely renovated with granite counter tops. Four window AC units: one in each bedroom and one in living room and dining room. *Back House (5256 Cleon Ave): A cozy 1-bedroom, 1-bathroom house with approximately 460 sq. ft. of living space, complete with a refrigerator, stove, and window AC unit in the bedroom and living room, full bathroom with bathtub and marble floor. *Studio Unit (5256 1/2 Cleon Ave): A spacious studio apartment, offering approximately 380 sq. ft. of living space. The unit features a full kitchen, stove,refrigerator, garbage disposal, custom cabinets and bathroom with a bathtub and shower, ample closet space with sliding mirrored doors, and a window AC unit. The property includes a carport and 2-car parking pad in front of the back units and a long driveway with space for at least 2-3 additional vehicles. The front yard is fully fenced and offers a private garden for the front house, while the back units share a beautifully landscaped communal garden with roses and other greenery. A storage shed behind the two back units adds extra convenience. The studio unit (5256 1/2 Cleon Ave) will be delivered vacant, making this an ideal opportunity for anyone looking to live in the studio while renting out the other two units for steady income. It's also the perfect setup for a college-age student or a young professional looking to start investing. With new developments popping up in the area, including next door, the potential for growth is significant. Whether you choose to hold and rent, develop the property further, or simply enjoy the income stream, the possibilities are endless. Opportunities like this don't come around often so act fast before it's gone!
Welcome to 6629-6631 Kraft Avenue in the heart of North Hollywood. Property features a 3 bed / 2 bath - 1,344 sq ft Single Family home and a 2 bed / 1 bath - 781 sq ft ADU. This property has been upgraded across the board - Custom cabinets, custom vanities, new appliances, new windows, new electric, upgraded plumbing and MORE! Property is located on a quiet street, has great curb appeal, and is in a great pocket of North Hollywood. Whether you are looking for an incredible investment opportunity, or to live in one and rent out the other; you don't want to miss this opportunity.
Discover the ultimate in modern living at 12340 Lull St., North Hollywood! This newly renovated property offers an exceptional opportunity with both a main house and a brand-new ADU, each thoughtfully designed for style, convenience, and potential income. Main House: • 1,502 sq. ft. of bright, inviting space with 3 bedrooms and 2.5 bathrooms • Open, airy living room with abundant natural light • Stunning kitchen featuring sleek quartz countertops, ample cabinetry, and premium finishes • Private powder room for guests and a spacious primary suite for relaxation • Every detail is brand new: roof, windows, floors, kitchen, bathrooms, pluming, electrical and much more. • Private backyard, perfect for unwinding or hosting gatherings. ADU (Accessory Dwelling Unit): • Spacious 1,200 sq. ft., 2 bedrooms and 2.5 bathrooms., • Each bedroom offers ensuite bathroom for added privacy • Paid-Off Solar Panels • Gorgeous kitchen with high ceilings and an upstairs laundry for convenience • Small private yard for added charm and tenant appeal. Main House Rents ranges between $4,300 to $4,500 with ADU income ranging between $3,300 to $3,500 a month!
A unique opportunity to own 3 units in North Hollywood. This property has a prime location that is close to Burbank, NOHO and NOHO West. Live in the main house and rent out the 2-story 2-unit building. The main house consists of 3 bedrooms and 1 full bath. The property has its own private yard and driveway. The main home can probably be expanded and made bigger. There are recessed lights, laminate flooring and a fireplace in the main house. The 2-story 2-unit boasts a private driveway, and each unit has a patio off the kitchen. There are 2 bedrooms upstairs that share a full bathroom and a half bath downstairs for guests. Downstairs consists of a nice living room, and a dining area that opens to the kitchen. Close to main transportation locations, stores and restaurants.
Almost ready to issue permits. Please refer to the attached supplement for the most current project approvals.– approximately 10,803 SF Lot with Approved Plans for 22 plus 5 recreation units for ADU development This prime 10,805 square foot property (0.248 acres) is located in North Hollywood, offering approximately 80 feet of frontage along North Riverton Avenue and a depth of about 135 feet. Currently improved with two residential buildings and a garage/storage structure. Zoned R3-1VL, TIER 3, the site is within a designated State Enterprise Zone, providing potential incentives for development. The approved project plans call for the construction of a 22-unit residential building, plus 5 recreation units for ADU development, one in each floor, with a total building height of 56 feet. The project will feature five residential levels above one subterranean parking level, comprising approximately 29,801 gross livable square feet of space with a Floor Area Ratio (FAR) of 4.3:1. The mix of units will include 3 one-bedroom units, 17 two-bedroom units, and 2 three-bedroom units, along with 23 on-site parking spaces. This property offers an exciting opportunity for a developer looking to capitalize on the growing North Hollywood market, with an approved plan for high-density residential development in a prime location.
Situated on a 6,546 square foot lot, the building contains two one-bedroom units and one two-bedroom unit, spanning a total of 1,850 square feet. The property is not on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new investor from otherwise costly repairs. Being listed for sale along with the adjacent property at 6726 Beck Avenue could allow an investor to control two parcels that span block-to-block and cover approximately 13,297 square feet of land. Both parcels are situated within a Tier 1 TOC zone, and a new owner may be able to boost revenue substantially by adding ADUs to the lot. The property features full copper plumbing and the owner has maintained the property well, including the installation of a brand new roof in 2021. New window screens, exterior lighting, and security cameras were added recently as well. The on-site laundry facilities offer a supplemental income stream to a new investor. With its solid pipeline of recent and upcoming development projects, North Hollywood has benefited from a strong influx of capital. The new NoHo West mixed-use development features a Trader Joe's, Nordstrom Rack, Regal Cinema, LA Fitness, and several other shops and restaurants as its accompanying 644-unit multifamily development moves forward through construction. A proposed $1 billion mixed-use campus, dubbed District NoHo and featuring approximately 22 million square feet of retail, restaurant, office, and residential space could come online just south of the property.
The 6,751 square foot lot features two separate buildings totaling 2,448 square feet. One of the buildings was constructed in 2004, making both two-bedroom units within exempt from Los Angeles rent control. Being listed for sale along with the adjacent property at 6727 Camellia Avenue could allow an investor to control two parcels that span block-to-block and cover approximately 13,297 square feet of land. Both parcels are situated within a Tier 1 TOC zone, and a new owner may be able to boost revenue substantially by adding ADUs to the lot. The property features full copper plumbing and the owner has maintained the property well, including the installation of a brand new roof in 2021. New window screens, exterior lighting, and security cameras were added recently as well. The on-site laundry facilities offer a supplemental income stream to a new investor. With its solid pipeline of recent and upcoming development projects, North Hollywood has benefited from a strong influx of capital. The new NoHo West mixed-use development features a Trader Joe's, Nordstrom Rack, Regal Cinema, LA Fitness, and several other shops and restaurants as its accompanying 644-unit multifamily development moves forward through construction. A proposed $1 billion mixed-use campus, dubbed District NoHo and featuring approximately 22 million square feet of retail, restaurant, office, and residential space could come online just south of the property.
5709 Auckland Ave! Presenting an exceptional investment opportunity in North Hollywood, immediately adjacent to the City of Burbank! This expansive property boasts an impressive 5.66% pro-forma cap rate, offering investors solid returns in a sought-after location. Offering 5 generously sized units for a total of 18 bedrooms and 17 bathrooms throughout. All 5 units feature large bedrooms and living spaces, open floor plans, and massive windows that flood the space with natural light. Every unit is equipped with custom-designed kitchens, offering a luxurious and modern living experience. The photos speak for themselves! The property includes 8 dedicated parking spaces, all carports, ensuring convenient parking for tenants, an essential feature in the bustling North Hollywood area. Location is a major highlight: just minutes away from the NoHo Arts District, offering tenants easy access to a vibrant neighborhood full of theaters, art galleries, trendy restaurants, and cafes. The property is adjacent to the City of Burbank, giving close access to all Burbank as to offer. It's also near major studios like Universal and Warner Bros., making it attractive to entertainment industry professionals. Additionally, the property is conveniently located close to the Metro Red Line, providing easy access to Downtown LA and surrounding areas. With its spacious units, modern amenities, and prime location, this property is positioned for long-term growth and steady rental demand in one of LA's hottest markets. Don't miss out on this rare opportunity to invest in a high-performing asset in the heart of North Hollywood!
Two separate custom homes on a beautiful tree-lined street near the famous NoHo Arts District. There is nothing like it in the neighborhood today. The main house has 3 generous bedrooms, 3.5 baths, and approximately 1739 sqft. The rear home has 3 bedrooms, 2 full baths, and approximately 1200 sqft. The main house was practically stripped to the studs and completely redone. The rear home, an ADU, was built in 2024 and has a separate address. Both homes have 10-foot ceilings, spacious interiors, natural lighting, quality materials, and appliances for a premium touch. The spacious master bedroom has a walk-in closet and a large master bathroom with custom finishes. The low-maintenance exterior grounds have a newly paved driveway and a customized automatic gate. Whether you want to live in one unit and rent the other or capitalize on a full rental opportunity, the choice is yours.
Brand new 6-unit property, perfectly designed for modern living and premium rental appeal. This unique offering includes three duplex-style, three-story buildings, providing an ideal mix of unit sizes to attract a diverse tenant base. Unit Breakdown: 1 Unit: 4 bedrooms, 4 bathrooms, 1 Unit: 2 bedrooms, 2 bathrooms, 4 Units: 3 bedrooms, 2 bathrooms Each unit boasts contemporary design, ensuring a luxurious living experience for tenants and a lucrative investment for owners. Modern Layouts: Open-concept floor plans with spacious living areas, designed for comfort and functionality. Large windows that maximize natural light. Durable Flooring, waterproof vinyl flooring that combines aesthetics with practicality. Closet space in every bedroom. Each unit includes in-unit laundry facilities and central air conditioning. Additional Benefits: Ample parking spaces behind a gated entrance, ensuring convenience and security. Low Maintenance: Brand new construction with minimal upkeep required. Separate Meters: Individual meters for gas, water, and electric, providing ease of management. Situated in the vibrant North Hollywood area, close to trendy shops, restaurants, and entertainment options. High demand for rental properties in this prime location ensures strong and steady rental income. Don’t miss out on this exceptional investment opportunity. With its mix of unit sizes and high-end features, this property is perfectly positioned to attract a variety of tenants and provide substantial returns. Schedule a viewing today and see the potential for yourself!
Prime location Investment Opportunity in the Heart of NoHo – RTI Plans for 25 Units! Attention investors and developers: an exceptional opportunity awaits to acquire an 11,974 sq ft R4-1VL lot in the coveted NoHo Arts District. This prime location offers unparalleled convenience, situated just steps from the Metro station, renowned dining, vibrant bars, and premier entertainment options that define North Hollywood’s dynamic lifestyle. This property will be delivered with RTI plans, fully approved for the construction of a 25-unit development—offering a streamlined path for development in a high-demand area. Complete project documentation will be available to serious buyers with qualifying offers. Additionally, the property can be delivered vacant, ensuring immediate access for development. Don’t miss the chance to capitalize on this rare offering in one of Los Angeles’s most sought-after neighborhoods. All projected figures, including potential income and expenses, are estimates based on future possibilities and are subject to change. These numbers are not guaranteed and should be independently verified. Buyer to conduct their own due diligence to confirm all information provided.
An incredible investment opportunity awaits in North Hollywood with this spacious duplex! Each unit offers 3 bedrooms, 2.5 bathrooms, recessed lighting, and ample storage space. The bright, open living rooms flow seamlessly into dining areas, creating an inviting layout. Both kitchens feature a modern gallery-style design with grey granite countertops and white cabinetry. The bedrooms are spacious with ample closet storage, ensuring comfort for future tenants. Outside, the property includes a convenient carport with four parking spaces. This property is ideal for those looking to invest in a well-maintained and centrally located multi-family home.
Here is your chance LIVE IN ONE RENT THE OTHERS Come check out this Triplex with a Permitted Brand New 367 sqft ADU, with Quartz Countertop, Stainless Steel Appliances, and a Split AC Unit. The property has copper plumbing and a 2-year-old Brand New Roof. The duplex is a 1 bed, 1 bath each, and the Home consists of 3/3 full baths with a beautiful Kitchen, Granite Countertops, and Wood Cabinetry with lots of parking. Close to Freeways, Shopping, Schools, and Burbank Easy to show with 24-hour Notice, Please call to schedule a showing.
DKB Realty Advisors is proud to present 6334-6338 Beck Ave, to be delivered at closing as a 7-unit (6 + 1 ADU) brand new construction located in North Hollywood! This 7-unit is one of the few new construction properties that can be delivered prior to COFO allowing for the Buyer to take advantage of the Opportunity Zone tax advantages. Once fully leased we project an outstanding in- place CAP of 6.2%. % At an amazing price per door of $600,000, this will be gone before you know it. Plus, all the units are SEPARATELY METERED for Electricity, and Gas, and SUBMETERED for water allowing for minimal expenses to the landlord. Premium design, and the ease of owning a hassle-free 2024 construction does not get any better! This property is made up of four large 4 bed, 4 bath tri-level townhome style units, two 3 bed, 3.5 bath tri-level townhome style units, and one 2 bed, 2 bath ADU unit. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features: stainless steel kitchen appliances, high ceilings, balconies off the living space and bedrooms, bright and airy with an ample amount of windows allowing for maximum sun-light, vinyl floors, drought tolerant landscaping, GE stainless steel appliances, and more! Do not miss this extreme desirable building that will be highly sought out amongst renters for years to come.
3 Units in North Hollywood with upside potential through construction of an ADU (buyer to verify). Unit mix consists of (3) 2+1 bath units. The building is a total of 2,660 square feet and situated on a 6,001 square foot lot. Easy access to the 101, 170, and 134 freeways. The building is separately metered for gas and electricity.
11966 Saticoy Street, a Prime North Hollywood Investment Opportunity! This multi-unit property offers an excellent mix of Bungalow Style Units with 4 Bedroom and two bath house divided into Two Bedroom and One Bath Units (One Non-Conforming), a Three Bedroom and One Bathhouse, and 5 One Bedroom and One Bath Houses. There's ADU potential for added value with a spacious lot of approximately 37,453 sq. ft.. The property includes on-site parking with storage and on-site laundry, and each unit is individually metered for gas and electricity—maximizing cash flow and rental upside. Located in a sought-after neighborhood, it's within walking distance to public transit and shopping, with easy access to CA-170 and I-5 freeways. Plus, you're just minutes from Burbank Airport, making this location incredibly convenient for tenants. An ideal investment for those looking to capitalize on rental growth and development opportunities.
Whether you choose to build the ADUs and sell for a profit or retain the property for long-term income, the potential is substantial. With 6 units occupied and 1 vacant, a path to achieving a 5.6% gross rate, this investment offers immediate returns and significant upside. Presenting a rare opportunity to acquire a well-maintained 7-unit, 2 story residential building in the heart of North Hollywood. This 4,081 sq. ft. property is situated on a 7,882 sq. ft. lot, with each unit featuring a 1-bedroom, 1-bathroom layout. The uniform floor plans offer operational efficiency and broad appeal to a diverse tenant base, ensuring ease of management. Zoned LARD1.5, this property provides exciting development potential, making it an ideal blend of immediate cash flow and long-term growth prospects. Units are leased with dependable tenants, providing steady cash flow and peace of mind. Plans have been submitted to add two Additional Dwelling Units (ADUs) at the rear, presenting a compelling value-add opportunity.
The median home value in North Hollywood, CA is $865,000. The national median home value is $338,100. The average price of homes sold in North Hollywood, CA is $865,000. North Hollywood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Hollywood real estate agent to arrange a tour today!