N/A
Bedrooms
$3,500,000
FOR SALENorth Hollywood, CA
MLS# BB26231521
David Nalbandyan
Listing Agent
LA Premier Realty
DRE #: 01869296
info@
Brokerage: LA Premier Realty
N/A
Bedrooms
N/A
Bathrooms
N/A
Square Feet
1958
Year Built
0.32 acres
Lot Size
N/A
Price/Sq Ft
15
Garage Spaces
N/A
HOA
Apartment
Property Type
A 15-unit Multifamily Located in Noho West With over 60% Upside on rent and currently operating at a 5% CAP Rate. the Property Boasts an Appealing Blend of Units (7 2bedrooms & 8 1bedrooms), All Surrounding a Stunning Courtyard. Each Unit Offers Spacious Living Areas and Private Balconies. The property currently collects $270K in rent with proforma rents reaching $427K, resulting in a Proforma GRM of 8.19 and Proforma CAP rate of 9.65%. Recent Capital Improvements include EQ Retrofitting, Main Panel Upgrades, new asphalt and Three Units with Complete Interior Renovations
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Closed sales reported in 91605, nearest first, last 12 months. All recent sales in North Hollywood →
12635 Vanowen Street
Contact David Nalbandyan
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