$1,100,000
$1,199,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
6,996 Sqft Lot
SOLD DATE : 06/11/2024
Key Details
Sold Price $1,100,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-15646
Sold Date 06/11/24
HOA Y/N No
Lot Size 6,996 Sqft
Acres 0.1606
Property Description
Secure a great cash flow position with this ideal 12 unit apartment building in a growing rental market just 10 minutes from the NoHo Arts District! Already RTI, break ground on this 12 unit mix consisting of 8 comfortable 1bed/1bath units and 4 1 Bedroom/2bath units with extra office spaces. All the units have in-unit washer/dryer hookups. Command above market rents with a spacious rooftop common space which includes planters and barbecue grills. With North Hollywood's rental market continuing to increase this is truly an ideal development opportunity.
Secure a great cash flow position with this ideal 12 unit apartment building in a growing rental market just 10 minutes from the NoHo Arts District! Already RTI, break ground on this 12 unit mix consisting of 8 comfortable 1bed/1bath units and 4 1 Bedroom/2bath units with extra office spaces. All the units have in-unit washer/dryer hookups. Command above market rents with a spacious rooftop common space which includes planters and barbecue grills. With North Hollywood's rental market continuing to increase this is truly an ideal development opportunity.
Location
State CA
County Los Angeles
Area North Hollywood (91605)
Building
Lot Size Range 4000-7499 SF
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Bought with Yonathan Canete Baltazar • The Agency