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Well Maintained, pride of ownership 4 unit in Toluca Lake Area of North Hollywood. Property Consists of of four 2 bedroom + 1 bath units, averaging about 800 sq. ft. each. 4.64 Cap Rate and 14.71 GRM at Market Rent. Possibiliby for an astute investor to turn the carports into ADU's to generate additional Rental Income and further increase the cash return to Owner. Each Unit has individual Water Heater. Zoned LA-R3 so possibility to rent now and build condos in the future similar to properties accross the Street.
Last Updated | 6/30/2024 | Year Built | 1962 |
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Community | North Hollywood | County | Los Angeles |
Additional Details
AIR | None |
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AREA | North Hollywood |
GARAGE | Assigned |
HEAT | Wall Furnace |
LOT | 5068 sq ft |
LOT DESCRIPTION | Front Yard, Level, Street Level |
PARKING | Assigned |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
VIEW DESCRIPTION | None |
WATER | Public |
ZONING | LAR3 |
Location
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