$719,000
$719,000
For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
768 SqFt
SOLD DATE : 09/19/2023
Key Details
Sold Price $719,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 768 sqft
Price per Sqft $936
MLS Listing ID TR23135358
Sold Date 09/19/23
Style Detached
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1940
Lot Size 5,459 Sqft
Acres 0.1253
Property Description
The property just officially appraised over the asking price. This amazing opportunity offers 3 units across 2 structures with 5 car parking, a bonus of 2 studios with 2BR. Nestled near the vibrant NoHo Art district, this beautifully updated house adds tremendous upside value. The property is set up for up to three families living (6 people) or living in one unit and renting two other units or renting all three. Backyard divided in a way that you can use as one but also provide privacy from the tenants. The main unit boasts 2 BD and 1 BR , with updated bathrooms, kitchens, bedrooms, windows, siding, floors, granite countertops and new HVAC. Rental units boast 2 queen beds, 2 ACs/own bathrooms with shower, bathtub 2 fridges and 2 own kitchenettes. Two separate street and alley access with motorized gates, remote code access and security cameras all around the property. Just tented with the 5 years termite warranty. Short Term Rental with a 75% occupancy rate would be around $7,300 of potential revenue per month. Please note the property is currently a very popular short-term rental that is limiting the viewing access and hence longer days on the market.
The property just officially appraised over the asking price. This amazing opportunity offers 3 units across 2 structures with 5 car parking, a bonus of 2 studios with 2BR. Nestled near the vibrant NoHo Art district, this beautifully updated house adds tremendous upside value. The property is set up for up to three families living (6 people) or living in one unit and renting two other units or renting all three. Backyard divided in a way that you can use as one but also provide privacy from the tenants. The main unit boasts 2 BD and 1 BR , with updated bathrooms, kitchens, bedrooms, windows, siding, floors, granite countertops and new HVAC. Rental units boast 2 queen beds, 2 ACs/own bathrooms with shower, bathtub 2 fridges and 2 own kitchenettes. Two separate street and alley access with motorized gates, remote code access and security cameras all around the property. Just tented with the 5 years termite warranty. Short Term Rental with a 75% occupancy rate would be around $7,300 of potential revenue per month. Please note the property is currently a very popular short-term rental that is limiting the viewing access and hence longer days on the market.
Location
State CA
County Los Angeles
Area North Hollywood (91605)
Zoning LAR2
Interior
Cooling Central Forced Air, Other/Remarks
Exterior
Garage Spaces 5.0
Total Parking Spaces 7
Building
Lot Description Sidewalks, Landscaped
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $24
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Xiomara Garcia • Kasa Homes Realty