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6516 VINELAND Avenue, North Hollywood, CA 91606

Property · 2 recorded sales since 2017

6516 VINELAND Avenue, North Hollywood, CA 91606 Sold September 2022 CRMLS
$9,400,000Sold September 2022

Listing Agent: Jon Emrani (DRE #01427038) · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Cindy Hill · Equity Union · MLS #22135739 · Source: CRMLS

49
Bedrooms
44
Bathrooms
23,360
Sq Ft
27,901 sqft
Lot Size
2022
Year Built
Property
Type
2
Stories
24
Garage
CentralAir
Cooling
Central
Heating

About this property

Construction Finalized Awaiting the C of O. Marcus & Millichap is pleased to present 14 bright and open townhome style units constructed in 2021 and located in North Hollywood, California. The buildings are comprised of 7 separate duplex structures featuring a unit mix of (12) 3 bedroom 3.5 bathroom Townhomes and (2) 4 bedroom/3.5 bathroom Townhomes. The large Townhomes feature high end finishes such as wood laminate flooring, designer tile backsplashes and stainless steel appliances. Each unit also features two parking spaces, central heat and air-conditioning, washer/dryer, dishwasher and garbage disposal. The property is located in an Opportunity Zone with Potential Tax Benefits if the property is held for a period of 7-10 years. The Seller may be able to deliver the property prior to the lease up in order for the buyer to take advantage of the possible Opportunity Zone tax benefits (consult your tax professional, Broker makes no claims). NOHO has been one of the most in vogue markets and moving quickly towards being the new WEHO with rapid gentrification and development with countless projects being built and in planning including the 570,000 sq. ft. NOHO West which is a 5 minute drive from 6516 Vineland Avenue.

Listing description from the September 2022 sale, as reported to CRMLS.

Sale history

$9,400,000
Sold September 2022 · listed $9,200,000, on market March 2022 · MLS #22135739 · Source: CRMLS
Listing Agent: Jon Emrani · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Cindy Hill · Equity Union
$1,800,000
Sold December 2017 · listed $2,249,000, on market November 2017 · MLS #17290154 · Source: CRMLS
Listing Agent: Jon Emrani · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Jon Emrani · Marcus & Millichap
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