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$2,200,000
Est. payment /mo
0.86 Acres Lot
UPDATED:
12/05/2024 05:20 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24219067
HOA Y/N No
Year Built 1947
Lot Size 0.860 Acres
Property Description
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.
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.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR1
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Street Lights, Sidewalks, Urban
Total Parking Spaces 7
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2317012008
Energy Description 3760.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by James Antonucci • Keller Williams Realty-Studio City • 818-381-6601