11156 Acama Street, North Hollywood, CA 91602

About this property

11156 Acama Avenue is a 13 unit multifamily property located in Studio City, close to Tujunga Village, Universal Studios, and the many great shops and restaurants along Ventura Blvd. With an outstanding unit mix, and subject only to AB 1484Rent Control, this property is well-positioned for an investor to capitalize on recent rent growth, with potential for a 30% upside in rent. Constructed in 1988, this two story property sits on at 10,559 square foot lot. Intercom system and secured subterranean parking (22 parking spots)offers added security. On-site Landlord owned laundry facility offers additional revenues. All units have balconies (Some have two) walk-in closets, hardwood floors in living room/den and gas burning fireplaces.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$4,150,000

Sold October 2023 · listed $4,785,000, on market May 2023 · MLS #23275431 · Source: CRMLS

Listing Agent: Stephen Hampar · Listing Office: Hampar Properties · Contact: 818-687-4915 · Bought with: David Saghian · Kidder Mathews of California, Inc.

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