$3,360,000 Price Analysis   ♡   North Hollywood, CA 91606 11 bed 11 bath 7,030 SqFt ($477/SqFt) 0.28 acre lot. Built 1977 Listed 2023-11-29, Taxes $16,913 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to present an 11-unit apartment building nestled in North Hollywood.
The property boasts a gated entrance, an inviting courtyard for its reside nts, community laundry facilities and ample parking, ensuring convenience for all. Moreover, there's significant potential for increased rental income, as current rents are below markt rates. Constructed in 1977, this 7, 030 square foot, 11-unit building occupies an 11, 988 square foot lot zoned R3.
It's ideally situated on Victory Blvd in the North Hollywood neighborhood, offering easy access to shopping, dining and public transportation. The Red Line is over a mile away, granting residents seamless connectivity to the 170, 5 and 101 freeways. The property is also close to the vibrant NOHO Arts District, Burbank Airport, University City, Victory-Vineland Recreation Center, Valley Plaza Park and North Hollywood Park.
Presented by Archie Robb at
Keller Williams Realty La Canada Flintri.
Property MLS #23-330713 from TheMLSCLAW
Full Bathrooms: 11
Heating Features: Wall
Lot Size Dimensions: 100x120
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 11988
Parking Total: 11
Calculated Total Monthly Association Fees: 0
Number of Units: 11
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2095, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2095, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2095, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2095, 5 BedsTotal: 1, 5 BathsTotal: 1, 5 SquareFeet: 2095, 6 BedsTotal: 1, 6 BathsTotal: 1, 6 SquareFeet: 2095, 7 BedsTotal: 1, 7 BathsTotal: 1, 7 SquareFeet: 2095, 8 BedsTotal: 1, 8 BathsTotal: 1, 8 SquareFeet: 2095, 9 BedsTotal: 1, 9 BathsTotal: 1, 9 SquareFeet: 2095, 10 BedsTotal: 1, 10 BathsTotal: 1, 10 SquareFeet: 2095
County: Los Angeles
Cap Rate: 3.5
Directions: Google Maps. Cross streets are Victory and Tujunga.
Source Property Type: Residential Income
Area: North Hollywood
Source Neighborhood: North Hollywood
Parcel Number: 2336-014-009
Postal Code Plus 4: 3645
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $664,000 + $664,000 $1,328,000 | $16,913 |
| 2021 | $650,981 + $650,981 $1,301,962 | $16,683 |
| 2020 | $644,306 + $644,306 $1,288,612 | $16,841 |
| 2019 | $631,673 + $631,673 $1,263,346 | $16,210 |
| 2018 | $619,288 + $619,288 $1,238,576 | $16,005 |
| 2017 | $607,146 + $607,146 $1,214,292 | $15,628 |
| 2016 | $595,242 + $595,242 $1,190,484 | $15,225 |
| 2015 | $586,301 + $586,301 $1,172,602 | $15,014 |
| 2014 | $574,817 + $574,817 $1,149,634 | $15,130 |
| 2013 | $572,220 + $572,220 $1,144,440 | $15,131 |
| 2012 | $561,000 + $561,000 $1,122,000 | $15,022 |
| 2010 | $410,000 + $690,000 $1,100,000 | $15,859 |
| 2009 | $431,766 + $728,280 $1,160,046 | $15,299 |
| 2009 | $430,742 + $726,553 $1,157,295 | $15,299 |
| 2008 | $423,300 + $714,000 $1,137,300 | $14,640 |
| 2007 | $415,000 + $700,000 $1,115,000 | $14,157 |
$3,360,000
TheMLSCLAW
Listing removed 2023-08-09
$0
CRMLS
Listed 2023-05-25
$2,850,000
CRMLS
Listing removed 2022-12-30
$0
CRMLS
Price Changed 2022-09-26
$2,999,000
CRMLS
Listed 2022-07-06
$3,500,000
CRMLS
Listing removed 2022-07-02
$0
CRMLS
Price Changed 2022-05-05
$3,290,000
CRMLS
Listed 2022-04-26
$3,800,000
CRMLS
Listing removed 2018-10-19
$1,399,950
CRISNET
Listing removed 2007-02-17
$1,399,950
CRISNET
Listing removed 2007-02-17
$1,399,950
ITECH
Sold 2006-11-07
$1,115,000
CRISNET
Listed 2006-05-25
$1,279,950
CRISNET
Listed 2006-05-25
$1,279,950
ITECH
Listed 2005-10-25
$1,399,950
CRISNET
Listed 2005-10-25
$1,399,950
ITECH
Sold 1988-04-12
$478,000
Public Record
Year Built: 1977
Common Walls: Attached
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 47
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.