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Key Details
Sold Price $2,325,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24039517
Year Built 2019
Lot Size 6,769 Sqft
Property Description
Discover a prime investment opportunity in the heart of North Hollywood, just moments from the vibrant NOHO Arts District. This newer construction apartment complex is excluded from LA rent control and features 4 spacious apartments. Built in 2019, contemporary features include open floorplans, LVP flooring, quartz counters and stainless steel appliances. Large 3 bedroom units! Tenants enjoy the convenience of central AC, in-unit laundry, and two covered parking spaces each. Located in an opportunity zone with easy access to freeways and amenities, this property presents a savvy investor with excellent rental upside and low operating costs. Huge upside on rents - plus, property qualifies for 1-4 unit financing. Tenants pay for all utilities including electricity, gas and water. Inquire today for full details!
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Interior
Laundry Inside
Exterior
Parking Features Covered
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Sidewalks
Building
Lot Description Near Public Transit
Story 3
Sewer Public Sewer
Water Public
New Construction Yes
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with Varouj Madadian • Galaxy Real Estate Services, Inc.