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A rare chance to own three separate homes on one lot, perfect for investors or owner-occupants. Each unit is individually metered, has its own washer and dryer, and features a private yard. The main house (936 sq. ft.) has been updated with new flooring, offering 3 bedrooms and 1 bath, currently rented for $3,800/month. The second unit (830 sq. ft., SB9, built in 2018) is a modern 2-bed, 2-bath home generating $2,800/month. The third unit (558 sq. ft., ADU) is a charming 1-bed, 1-bath unit with its own driveway and a spacious porch, bringing in $1,800/month. Altogether, this well-maintained property brings in an impressive $8,400/month in rental income, delivering a strong 5.57% CAP rate—an incredible opportunity for investors seeking solid returns. With a new roof, great condition, and prime location near schools, parks, and shopping, this property is also ideal for multi-generational living. Don't miss out on this Valley Glen gem!
Property Type(s):
Single Family
| Last Updated | 3/5/2025 | Year Built | 1947 |
|---|---|---|---|
| Community | North Hollywood | County | Los Angeles |
SCHOOLS
| School District | Los Angeles Unified |
|---|
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer, Water Heater |
| AREA | North Hollywood |
| EXTERIOR | Lighting |
| GARAGE | Concrete, Driveway |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | Crown Molding, Eat-in Kitchen, Granite Counters, Pantry, Quartz Counters, Recessed Lighting, See Remarks, Separate/Formal Dining Room |
| LOT | 6790 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| PARKING | Concrete,Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Modern |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LAR1 |
Location
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Listed with Coldwell Banker Hallmark
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