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$ 1,750,000
Est. payment | /mo
8 Beds
5 Baths
6,568 Sqft Lot
$ 1,750,000
Est. payment | /mo
8 Beds
5 Baths
6,568 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26135380
Bedrooms 8
Lot Size 6,568 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Outstanding investment opportunity in the desirable Valley Glen neighborhood of North Hollywood, a highly sought-after submarket within the San Fernando Valley. This well-maintained five-unit property offers approximately 4,600 square feet of living space on a 6,566-square-foot lot and presents an ideal combination of immediate rental income and upside potential with three vacant units, including a beautifully rebuilt single-story 3-bedroom, 2-bath home with central A/C, providing the flexibility to lease at today's market rents, accommodate owner occupancy, or both. The property features a beautifully rebuilt single-story 3-bedroom, 2-bath home that has been completely renovated with quality finishes throughout, central air conditioning, and is currently vacant. Also included are two 2-bedroom, 1-bath units, including one vacant unit featuring a brand-new kitchen, new appliances, new flooring, and fresh interior paint. Completing the property are two 1-bedroom, 1-bath units, including one vacant unit that has also been updated with a brand-new kitchen, new appliances, new flooring, and fresh interior paint. Additional amenities include convenient rear carport parking, on-site attached laundry facilities, and an attractive unit mix that appeals to a broad tenant base. Ideally located across from Rhodes Avenue Park and near Valley College, the NoHo Arts District, shopping, dining, public transportation, and major freeway access, this property offers exceptional convenience for tenants. Whether you're an investor looking to maximize cash flow or an owner-user seeking to live
Location
State CA
County Los Angeles
Zoning Estimated
Direction S of Vanowen St & E of Whitsett Ave
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 2333002038
Virtual Tour https://my.matterport.com/show/?m=YjG8GrfqaJY
Listed by JP Park, DRE#01237713 Seven Gables Real Estate
NEARBY SCHOOL & BUSINESS
8322 Clairemont Mesa Blvd Suite 206, Diego, California, 92111, United States