Description
Rare opportunity to acquire a 5-unit north hollywood apartment building with proven market rents on two repositioned leases and an eye for opportunity with remaining three units ripe with upside to unlock. spanning a total of 4,293 sf across a 5,500 sf rd 2-1 zoned toc tier 1 lot in an opportunity zone, this property consists of a stable mix of (1) one-bedroom, (3) two-bedrooms & (1) three bedroom units. a total of five parking spaces service the building and soft story retrofit was completed in 2021. this property is ideally situated nearby transit corridors, hiking, schools, parks, and shopping, as well as easily accessible from southern california employment hubs, such that rental demand will remain stable for the foreseeable future. purchase price contemplates that property will be delivered with current tenants in place and will be revised upward in event of turnover.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50237316
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 10
Bathroom Information
- Total Baths: 6
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Dishwasher,Microwave,Refrigerator,Dryer,Washer
- Flooring: Laminate
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 4,293
Security Features
- Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1263
- Lot Size Dimensions: 50x110
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 5500
-
Listing Information
Listing Price Information
- Original List Price: 1,149,000
- Listing Contract Date: 2025-06-20
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 2317014009
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Carport,Driveway,One Space
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NHO - North Hollywood
- Postal Code Plus 4: 3737
- Directions: East of Laurel Canyon Blvd, west of Lankershim, south of Runnymede, north of Sherman Way.
- Zoning: LARD2
- Source Property Type: Residential Income
- Area: NHO - North Hollywood
Building and Construction
- Property Age: 61
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 4293
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 07/07/2025 @ 15:52
- MLS: 25553831
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 10 bedrooms which is for sale, it has 4,293 sqft, 5,500 sized lot, and 0 parking. are nearby neighborhoods.