$ 1,695,000
10717 Bloomfield Street North Hollywood, CA 91602
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$ 1,695,000
Est. payment /mo
Active
10717 Bloomfield Street North Hollywood, CA 91602
2 Beds
1 Bath
5,068 Sqft Lot
UPDATED:
07/10/2024 11:52 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24133767
Bedrooms 2
HOA Y/N No
Lot Size 5,068 Sqft
Property Description
Well Maintained, pride of ownership 4 unit in Toluca Lake Area of North Hollywood. Property Consists of of four 2 bedroom + 1 bath units, averaging about 800 sq. ft. each. 5.02% Cap Rate and 14.13 GRM at Market Rent. Possibiliby for an astute investor to turn the carports into ADU's to generate additional Rental Income and further increase the cash return to Owner. One unit to be delivered vacant with projected rent of $2,500/mo. Each Unit has individual Water Heater. Zoned LA-R3 so possibility to rent now and build condos in the future similar to properties accross the Street.
Well Maintained, pride of ownership 4 unit in Toluca Lake Area of North Hollywood. Property Consists of of four 2 bedroom + 1 bath units, averaging about 800 sq. ft. each. 5.02% Cap Rate and 14.13 GRM at Market Rent. Possibiliby for an astute investor to turn the carports into ADU's to generate additional Rental Income and further increase the cash return to Owner. One unit to be delivered vacant with projected rent of $2,500/mo. Each Unit has individual Water Heater. Zoned LA-R3 so possibility to rent now and build condos in the future similar to properties accross the Street.
Well Maintained, pride of ownership 4 unit in Toluca Lake Area of North Hollywood. Property Consists of of four 2 bedroom + 1 bath units, averaging about 800 sq. ft. each. 5.02% Cap Rate and 14.13 GRM at Market Rent. Possibiliby for an astute investor to turn the carports into ADU's to generate additional Rental Income and further increase the cash return to Owner. One unit to be delivered vacant with projected rent of $2,500/mo. Each Unit has individual Water Heater. Zoned LA-R3 so possibility to rent now and build condos in the future similar to properties accross the Street.
Location
State CA
County Los Angeles
Area North Hollywood (91602)
Zoning Assessor
Exterior
Garage Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $37
Acceptable Financing Cash
Space Rent $1,889
Listing Terms Cash
Listed by Michael Millea • Lyon Stahl Investment Real Estate, Inc.