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11669 SATICOY Street, North Hollywood, CA 91605

Property · 2 recorded sales since 2014

11669 SATICOY Street, North Hollywood, CA 91605 Sold November 2016 CRMLS
$610,000Sold November 2016

Listing Agent: Ricardo Dantas (DRE #01914270) · Listing Office: Ricardo Dantas · Contact: 323-541-2500 · Bought with: Ara Simonian · The Real Estate Center · MLS #16155734 · Source: CRMLS

9,219 sqft
Lot Size
1940
Year Built
Property
Type
0
Garage

About this property

We are pleased to present this 4 apartment property located near the corner of Lankershim Blvd and Saticoy Street in the submarket of North Hollywood in the City of Los Angeles. There is 2 non-conforming units and buyer is to perform their own due diligence on viability of converting these units to conforming. City of Los Angeles is currently in talks of submitting an ordinance for approval that would allow these non-conforming units to become conforming to help the current housing shortage crisis in Los Angeles. The tenants pay 100% utilities as all services are prorated to number of tenants and billed accordingly. This is a very low cost to maintain property. There is a property owned coin washer and dryer that generates about $100 per month, there are over 10 parking spaces due to very large 9,220 sf. ft lot, and located in a highly dense area. Ok to walk by front of property but do not disturb the tenants. Interior inspection can be provided upon accepted offer.

Listing description from the November 2016 sale, as reported to CRMLS.

Sale history

$610,000
Sold November 2016 · listed $595,000, on market August 2016 · MLS #16155734 · Source: CRMLS
Listing Agent: Ricardo Dantas · Listing Office: Ricardo Dantas · Contact: 323-541-2500 · Bought with: Ara Simonian · The Real Estate Center
$450,000
Sold March 2014 · listed $550,000, on market December 2013 · MLS #SR13246392 · Source: CRMLS
Listing Agent: Eva Horland · Listing Office: Rodeo Realty · Contact: 818-222-7707 · Bought with: Shawn Tabatabai · Metropolitan Realty Group Inc.
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