North Hollywood CA Multi Family for Sale

ADDITIONAL INFORMATION

What a fantastic opportunity to invest, build. Or live on one and rent the other. Great investment to add to your portfolio. Huge lot with two properties, back unit has been completely remodeled with new floors, new electrical wiring, cooper plumbing, new flooring, new kitchen cabinets and quartz counter tops, Remodeled bathrooms, new fixtures. Move in Condition! Front house is a fixer, Also, this property comes with plans to build 5 extra units, (front house would have to be torn down) City's last conditions are almost ready to build. So, totaling 6 units, Will not last long

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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!

ADDITIONAL INFORMATION

Attention developers! We are proud to present a 6-unit value add building in a dynamic North Hollywood location. The new owner can build 12 units by right or 15 units with a bonus and take the property to the next level. This is a strong rental pocket close to everything the valley has to offer today. Five minutes to NoHo Arts District. Five minutes to Valley College. Five minutes to Burbank. The six units are in average condition. There is ample uncovered parking in the back. An exciting investment opportunity, under the same ownership for 40 years, in a location that has become a popular place to live.

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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.

ADDITIONAL INFORMATION

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.

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Exceptional Investment Opportunity – Spacious units with 14 Bedrooms and 11 Bathrooms This incredible apartment offers an unmatched investment opportunity with 11 parking spaces and a versatile layout featuring 14 bedrooms and 11 bathrooms spread across 6,882 SqFt. The property is divided into six 1-bedroom, 1-bath units, three 2-bedroom, 1-bath units, and one 2-bedroom, 2-bath unit, providing a variety of options for potential tenants. Situated in a high-visibility area and enclosed by a secure gate, the property offers both privacy and convenience. Whether you’re looking for a high-yield rental investment or a multi-family living solution, this apartment presents immense potential for growth and income in a prime location. A unique chance not to be overlooked!

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3 UNITS IN ONE LOT!! FULLY VACANT!! Remodeled 3 bed 2 bath plus brand new 3 bed 3 bath ADU plus a remodeled junior ADU in middle. One of Kind Opportunity, this 3 Stunning homes are situated on one lot close to everything! HOUSE #1: 3 Bedrooms, 2 Baths at 1130 sqft, Bright, light, open w/ Amazing Cook's Kitchen. This HOUSE has been meticulously renovated and looks NEW. Enjoy the elegance of luxury flooring, new windows, doors, paint, creating a space that exudes timeless charm and contemporary allure. HOUSE #2: 350 sqft Junior ADU, perfect for in-laws or family, a cozy retreat single w/ full kitchen, bathroom, laundry and separate entrance! HOUSE #3: in the BACK is - BRAND NEW Construction ADU, Bright & OPEN with 3 Bedrooms, 3 Baths, Gourmet Cook's Kitchen and awesome private backyard views! Every detail has been thoughtfully curated, from the quartz countertops to the designer-quality fixtures and bathroom tiles. As you explore the ADU, you'll be greeted by the same level of quality and craftsmanship. With its own entrance and amenities, this newly constructed dwelling offers privacy and comfort, ideal for guests, extended family, or rental income opportunities. And There's MORE: You still have a Double Detached Garage! There is also a huge garden/backyard area, providing a tranq

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Runnymede Holiday Apartments presents opportunity to acquire a desirable garden style 40-unit complex consisting of open, low-density grounds and attractive low-maintenance construction consisting of an ideal (12) 1 bedroom / 1 bath units at 650 sqft, (20) 2 Bedroom / 1 bath units at 950 sqft, and (8) 3 bedroom / 2 bath units at 1200 sqft. The property does not possess any decks, tuck-under parking, or exterior catwalks, thereby removing large capital expenditure items for long-term operations. Current GSI: $791,876 Full Market GSI: $1,257,990 In-place NOI: $482,331 Proforma NOI: $870,257 The grounds consist of mature vegetation, open walkways, a picnic and playground area, a large onsite laundry facility, and fully gated grounds and parking. Vegetation within the complex consists of mature roses, eucalyptus trees, succulents, and Hibiscus trees, providing a pleasant atmosphere for tenants to help boost the ultimate rent potential and reduce turnover. Renovations: Roughly 18-20 units are partially renovated including: new flooring, refinished cabinets & hardware, new countertops, new appliances, new bathroom shower tub enclosures and paint throughout. 3-4 units at the property are fully renovated, which includes all items of the partially renovated units plus new shaker cabinets and new bathroom vanity(s). Ownership has been able to achieve rents north of $2,000 for the 1 bedrooms and north of $2570+ for the 2 bedrooms. On a granular location basis, the asset parcel is well located between a beautiful nursery and low-density multifamily complex within 0.1 Miles of two new construction institutional grade Multifamily complexes showcasing a bullish microeconomic drive in the immediate pocket

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THIS IS THE ONE 5 UNITS-FULLY STABILIZED: 6926 Morella Ave - Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2021. Consisting of three buildings, this modern complex offers unparalleled amenities and convenience for tenants. Every unit boasts the pinnacle of comfort with central air conditioning and heating, ensuring year-round comfort. The inclusion of inside laundry facilities, along with essential appliances such as refrigerators, stoves, and dishwashers, enhances the living experience for residents. Additionally, there is plenty of parking for all units with a combination of attached 1 car garages and surface parking lot spaces. Each unit offers a generous layout with a combination of four- & three-bedroom units, accommodating various tenant needs and preferences. Whether it's families seeking spacious living or professionals desiring roomy accommodations, these units cater to a diverse range of renters. With its modern amenities, thoughtful design, and full occupancy, this investment property presents a compelling opportunity for investors looking to capitalize on a thriving rental market. Don't miss out on the chance to secure a lucrative investment in the ultra-hot NOHO neighborhood. Make this property your 1031 exchange transaction.

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**Introducing 11966 Runnymede St: A Prime Income Property in North Hollywood** We are delighted to present the sale of 11966 Runnymede St, a remarkable 7-unit residential income property nestled in the vibrant heart of North Hollywood. This well-maintained property comprises six spacious townhomes, each offering 2 bedrooms and 1.5 bathrooms, along with a charming 4-bedroom front house. Strategically located just east of Laurel Canyon on Runnymede Street, this property boasts a generous gross building area of 7,234 square feet, translating to an average of over 1,000 square feet per unit. Originally built in 1947, the units have been thoughtfully updated with tile flooring throughout and modern countertops, blending vintage charm with contemporary comforts. Each unit is individually metered for electricity and gas, ensuring that tenants are responsible for their own utility usage. Notably, there is no house meter, meaning all common area lighting is tenant-powered, further reducing operational costs. Trash removal is efficiently managed by the Department of Water and Power, included in each tenant's bill. The exterior of the property was freshly painted, and the roof was replaced in 2019, ensuring minimal maintenance for years to come. This property represents an ideal investment opportunity, offering steady income potential in a sought-after location. Don’t miss your chance to own this exceptional income property in North Hollywood!

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We are pleased to present the exclusive sale of the Hart Street Apartments, a remarkable multi-unit property boasting an impressive 11 units. Featuring a desirable mix of 9 spacious two-bedroom, two-bath apartments and 2 one-bedroom, one-bath units, this offering presents an exceptional investment opportunity. Hitting the market for the first time in nearly two decades, this meticulously maintained property showcases impeccable upkeep throughout the owner's tenure. The recently refreshed front landscaping enhances the property's already captivating curb appeal, while tenant amenities such as an on-site laundry room, secure parking with dedicated spaces, completed soft-story retrofit with compliance certification, and secured entry provide added convenience and peace of mind. Ideally situated in a thriving area that has attracted numerous notable corporations, including Target, NoHo West, Starbucks, and Trader Joe's, this property offers unparalleled accessibility to supermarkets, fitness centers, public transportation, hospitals, and schools. With an incredible "TRUE" cap rate of 6.10% and a GRM of 9.55, this highly sought-after investment presents a rare opportunity to capitalize on the market's potential. ALL OFFERS MUST BE SUBMITTED WITH POF AND ARE DUE FRIDAY, AUGUST 30TH, BY 2 PM.

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We are excited to offer an exceptional opportunity to purchase a versatile mixed-use commercial property strategically positioned on the highly sought-after Lankershim Blvd. This property consists of One 3 Bedroom Residential Units and TWO store-front retail space, as well as an opportunity to convert the garage into an ADU. This property is sold in conjunction with 7436 Lankershim Blvd, which presents a potential for a 40-unit Mixed-use Development Project. In total it would comprise of six units, including three commercial and three residential units, encompassing a total of 4,217 square feet on a spacious 11,284 square feet lot.

ADDITIONAL INFORMATION

We are excited to offer an exceptional opportunity to purchase a versatile mixed-use commercial property strategically positioned on the highly sought-after Lankershim Blvd. This property consists of two 3 Bedroom Residential Units and one store-front retail space, currently offering a 6.4% CAP Rate. This property is sold in conjunction with 7444 Lankershim Blvd, which presents a potential for a 40-unit Mixed-use Development Project. In total it would comprise of six units, including three commercial and three residential units, encompassing a total of 4,217 square feet on a spacious 11,284 square feet lot.

ADDITIONAL INFORMATION

We are proud to present a once in a generation opportunity to acquire two trophy investments in the San Fernando Valley. 6955-61 Fulton Avenue and 6914 Woodley Avenue are large beautifully maintained investment properties with capturable rental upside.6955-61 Fulton Avenue is a 12-unit apartment building in the city of North Hollywood, with a unit mix of four (4) one-bedroom one-bathroom units and eight (8) two-bedroom one-bathroom units.6914 Woodley Ave is an 8-unit apartment building in the city of Van Nuys, with a unit mix of four (4) one-bedroom one-bathroom units and four (4) two-bedroom two-bathroom units. The Valley portfolio gives an investor the ability to capture all that the San Fernando Valley has to offer, and provides tenants of these properties walkable access to shops, nightlife, employment opportunities and more. Please note these buildings can be sold together or separately.

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If it says "ACTIVE" it is "ACTIVE." Attention investors, builders, and developers! Four-plex rare opportunity on a corner lot 9,000 Sqft. Zoning LARD3-1, with an incredible opportunity to build up to 18 units, or you can choose to build 2 ADUs, one in each two-car garage. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has a reserved parking space, and electric and gas meter. Buy it and start building a new 14,400 Sqft 3-story complex with 18 units and 36 bedrooms! Just minutes from the Bob Burbank Airport, Hollywood, and Universal Studios, the newly built NOHO West Shopping Plaza; is one of the area's latest developments where you can find the Regal movie theatre, Trader Joe’s, Starbucks, restaurants, boutiques, etc. Per Zimas.lacity.org, the property is an "Eligible Site ED 1" and may be applied to a shelter or 100% Affordable Housing Project on the site. Eligible projects receive expedited processing, clearances, and approvals through the ED 1 Ministerial Approval Process.

ADDITIONAL INFORMATION