$2,325,000
$2,395,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
10 Baths
4,998 Sqft Lot
SOLD DATE : 07/20/2023
Key Details
Sold Price $2,325,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD23095355
Sold Date 07/20/23
Bedrooms 11
HOA Y/N No
Lot Size 4,998 Sqft
Property Description
Presenting 5853 Vineland Ave. a newly constructed four-unit development with a 6% Cap Rate ProForma. 5853 Vineland Ave. is made up of 2 buildings, both 2 stories, & they are all individually metered for all utilities. Four total units; with two 3 bed 3 bath units (1 with balcony & Vaulted Ceilings), one 3 bed 2 bath unit, & one 2 bed 2 bath unit. These beautifully designed units offer en-suites in 6 of the bedrooms, have Smart controlled central HVAC, recessed lighting, individual washer / dryer hook ups, Stainless Steel Appliances Installed, and 2 parking spots per unit, & electrical vehicle charging options. Motorized & Gated parking with 3 separate driveways. There is also potential for additional guest parking spaces on site. All these amenities are attractive for potential tenants. The location of these North Hollywood units makes it easy for any tenant to enjoy all the nearby hotspots such as the Arts District and the newly developed NoHo West. These units are also near public transportation, grocery stores, restaurants, and so many other large scale development projects.
Presenting 5853 Vineland Ave. a newly constructed four-unit development with a 6% Cap Rate ProForma. 5853 Vineland Ave. is made up of 2 buildings, both 2 stories, & they are all individually metered for all utilities. Four total units; with two 3 bed 3 bath units (1 with balcony & Vaulted Ceilings), one 3 bed 2 bath unit, & one 2 bed 2 bath unit. These beautifully designed units offer en-suites in 6 of the bedrooms, have Smart controlled central HVAC, recessed lighting, individual washer / dryer hook ups, Stainless Steel Appliances Installed, and 2 parking spots per unit, & electrical vehicle charging options. Motorized & Gated parking with 3 separate driveways. There is also potential for additional guest parking spaces on site. All these amenities are attractive for potential tenants. The location of these North Hollywood units makes it easy for any tenant to enjoy all the nearby hotspots such as the Arts District and the newly developed NoHo West. These units are also near public transportation, grocery stores, restaurants, and so many other large scale development projects.
Location
State CA
County Los Angeles
Area North Hollywood (91601)
Zoning Builder
Interior
Cooling Central Forced Air
Exterior
Garage Unit1:Assigned
Fence Other/Remarks
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $22
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Brandon Peters • eHomes