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Listed by Michael Millea • Lyon Stahl Investment Real Estate, Inc.
$1,695,000
Est. payment /mo
3,224 SqFt
UPDATED:
08/23/2024 06:23 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,224 sqft
Price per Sqft $525
MLS Listing ID CRSB24133767
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1962
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. 4.64 Cap Rate and 14.71 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. 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
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry No Hookups
Exterior
View None
Parking Type Assigned
Building
Lot Description Level, Other, Front Yard
Water Public
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