Property · 3 recorded sales since 2021
Listing Agent: Michael White (DRE #01987399) · Listing Office: Three Lions Realty · Contact: 424-302-7744 · Bought with: Natasha Gwilt · eXp Realty of California Inc · MLS #22152557 · Source: CRMLS
A unique opportunity awaits! Stunning, 3 bed/2 bath modern house + new detached 3 bed/2bath ADU located in popular North Hollywood. Perfect for either an owner-user or investor, with projected rents totalling over $8k. Main house (1404 SF), taken down to the studs and completely rebuilt, features a bright and airy open floor plan with living space seamlessly flowing inside to out through the french doors, making it perfect for entertaining. Large primary suite comes complete with walk-in closet and spectacular bathroom. Accessible from the alley via a gated entrance, new construction ADU (1098 SF) has been thoughtfully designed, with chic finishes and a generous living area. With two entrances, there is the possibility for complete separation and privacy between the units. Endless options with this compound - live in one home and have a tenant cover over half the mortgage, occupy the units with family or buy as a pure investment, acquiring a low maintenance asset which generates a 5%+ cap rate.
Listing description from the July 2022 sale, as reported to CRMLS.