$665,000
$675,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/07/2016
Key Details
Sold Price $665,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 16148358
Sold Date 10/07/16
HOA Y/N No
Year Built 1955
Property Description
We are pleased to present the opportunity to acquire this 4 unit apartment building located on a major thoroughfare of the North Hollywood Sub Market of the City of Los Angeles. All four units are good sized two-bedroom one bath floorplans of approximately 825 sq. ft. The property has had many recent upgrades including new windows in 2014, copper plumbing in 2009, roof is known to be free of leaks and in sound condition. Zoned LAR3 and is on a raised foundation then wood frame and stucco. The building is a solid investment in which an investor can apply the basic property management action to increase rents over time and tap into the upside of this property which is currently about 100%. The property was built in 1955 and is subject to rent control. Principals are encouraged to contact listing broker to discuss a plan of accelerating the upside on this property.
Location
State CA
County Los Angeles
Area Sunv - Sun Valley
Zoning LAR3
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Cooling None
Fireplace No
Laundry None
Exterior
Total Parking Spaces 4
Building
Story 2
Others
Tax ID 2315028009
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 Ricardo Dantas • Ricardo Dantas
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
310 Third Ave Suite # C-3, Chula Vista, California, 91910, United States