$1,495,000
Six-unit multifamily investment opportunity in North Hollywood offering significant rental upside and two vacant units. Unit mix consists of (2) 1 bedroom 1 bath units, (2) 2 bedroom 1 bath units and (2) 3 bedroom 2 bath units. The building contains approximately 5,278 square feet and is situated on an approximately 7,635-square-foot lot, with each unit separately metered for gas and electricity. Recent improvements include new interior and exterior electrical panels and a new garage carport roof. The property is conveniently located near the 170, 101, and 5 freeways. Two vacant units and potential to increase rents, the property presents an attractive opportunity for an investor seeking immediate leasing flexibility and long-term value creation. Information has been obtained from sources believed to be reliable; however, no representations or warranties, expressed or implied, are made regarding its accuracy. Square footage, lot size, unit details, and property age are approximate, and the buyer is responsible for independently verifying all information.
Listed by Norair Aprahamian with PWR Properties (818) 624-3383
Property Type
Apartment
Status
Active
MLS Number
SR26165504
Year Built
1957
Lot Size
7,680 sq ft
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