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Sold for $1,425,000 Sold

11912 Hart Street
North Hollywood, CA 91605

6 units | Multi Family Home
6987 sq ft lot - MLS# SR19120432
Property Photo

Sold

Sold for $1,425,000 on Aug 7, 2019

Description

JUST REDUCED! Location, location, location! Adjacent to the popular NoHo district offering shops, boutiques, and orange line for easy commuting! This building affords not only a great location, but great possibility for a long term investment! This 6 unit, newly painted, and partially upgraded building offers a community laundry, open floor plans with dual pane windows, private utility meters, and on-site gated parking.The two recently upgraded units feature new hardware, floors, and new bathroom tile along with new vanity, and stainless steel appliances that come with both units. You don't want to miss the opportunity to see this one!

Features

  • Area: NHO - North Hollywood
  • Average Studio Area Units: Square Feet
  • Average2Bed Area Units: Square Feet
  • Average3Bed Area Units: Square Feet
  • Building Area Total: 4816.00
  • Building Area Units: Square Feet
  • Cap Rate: 4.20
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs, Sidewalks, Street Lights
  • Country: US
  • Directions: Off of Laurel Cyn, in between Sherman Way and Vanowen
  • Gross Income: 87314.00
  • Gross Multiplier: 17.00
  • Gross Scheduled Income: 87314.00
  • Laundry Features: Common Area, Community, Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01867409
  • Listing Office License: 00905345
  • Listing Status: Closed
  • Lot Features: Near Public Transit, Paved
  • Lot Size: 0.1604
  • Lot Size Area: 6987.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CN
  • Net Operating Income: 62790.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Wall AC: 6
  • Operating Expense: 24500.00
  • Parking Features: Assigned, Auto Driveway Gate
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Property Type: Multi Family Home
  • Rent Control YN: Yes
  • Selling Agent: Grayr Andreasyan
  • Selling Agent License: 01377323
  • Selling Office: Coldwell Banker Hallmark Realty
  • Sewer: Public Sewer
  • Sold Date: 2019-08-07
  • Sold Price: 1425000.00
  • Stories: Two
  • Sub Type: Multi Family Home
  • Total Actual Rent: 7276.00
  • Total Expenses: 24500.00
  • Units: 6
  • Water Source: Public
  • Year Built: 1962
  • Year Built Source: Assessor
  • Zip Code: 91605
  • Zoning: LAR3

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Marité Matassa

Pinnacle Estate Properties, Inc.
818-605-1220
Contact Me
CA DRE# 01867409

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Marite Matassa | CA DRE# 01867409 | 818-605-1220 | Contact Me
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