Property
Listing Agent: Michael A Salerno (DRE #01212427) · Listing Office: Michael Anthony Salerno · Contact: 310-200-1309 · Bought with: Carolin Alaverdian · Balboa Real Estate, Inc. · MLS #24367059 · Source: CRMLS
7 units North Hollywood. Great unit mix. The property consists of 3 - 1 bedroom + 1 bath, 1 - 2 bedroom + 1 bath and 3 - 2bedroom + 2 bath units. Large units. 4 of the units are Section 8 tenants. There is 6,266 square feet of building and it sits on a 7,374 square foot lot. The property was built in 1963. Long term owner. The rents are below market with over 50% upside. This is an excellent value add opportunity. Close to shops, restaurants, NoHo Arts District, Warner Brothers Studios, Universal Studios, Burbank Airport and easy freeway access.
Listing description from the April 2024 sale, as reported to CRMLS.