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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,750,000

Est. payment - /mo

6,568 Sqft Lot

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26135380

HOA Y/N No

Year Built 1959

Lot Size 6,568 Sqft

Property Sub-Type Apartment

Property Description

Outstanding investment opportunity in the desirable Valley Glen neighborhood of North Hollywood, a highly sought-after submarket within the San Fernando Valley. This well-maintained five-unit property offers approximately 4,600 square feet of living space on a 6,566-square-foot lot and presents an ideal combination of immediate rental income and upside potential with three vacant units, including a beautifully rebuilt single-story 3-bedroom, 2-bath home with central A/C, providing the flexibility to lease at today's market rents, accommodate owner occupancy, or both.
The property features a beautifully rebuilt single-story 3-bedroom, 2-bath home that has been completely renovated with quality finishes throughout, central air conditioning, and is currently vacant. Also included are two 2-bedroom, 1-bath units, including one vacant unit featuring a brand-new kitchen, new appliances, new flooring, and fresh interior paint. Completing the property are two 1-bedroom, 1-bath units, including one vacant unit that has also been updated with a brand-new kitchen, new appliances, new flooring, and fresh interior paint.
Additional amenities include convenient rear carport parking, on-site attached laundry facilities, and an attractive unit mix that appeals to a broad tenant base. Ideally located across from Rhodes Avenue Park and near Valley College, the NoHo Arts District, shopping, dining, public transportation, and major freeway access, this property offers exceptional convenience for tenants. Whether you're an investor looking to maximize cash flow or an owner-user seeking to live in the 3-bedroom home while generating rental income, this is a rare opportunity in a sought-after location with tremendous income potential.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Attached Carport, Covered

Carport Spaces 4

Fence Excellent Condition, Wood

Pool None

Community Features Curbs

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level One,Two

Sewer Sewer Tap Paid

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 2333002038

Energy Description 1600.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by JP Park Seven Gables Real Estate 714-313-4224, DRE #01237713

NEARBY SCHOOL & BUSINESS

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12408 Archwood North Hollywood, CA 91606