Well kept, low-maintenance, 4-unit residential building in the highly desirable Toluca Lake/NoHo District! All units are 2 bedrooms and 1 bath. One of the units was extensively remodeled a few years ago, and has a kitchen with island and its own washer & dryer. Each unit is separately metered for electricity and gas. Landlord
pays for water & sewer. Great current income with upside potential. Subject property is subject to the City of Los Angeles rent control. Located off I-101 on Lankershim Blvd and Hortense St, in between North Hollywood and Toluca Lake. Near several trendy boutiques, fine dining, public transportation & freeways. Potential ADU development over the detached garages in the back. Property is being sold AS IS and WHERE IS with current tenants in place. Buyer to conduct their own investigations.
Property Highlights |
Street |
10841 Hortense St.
|
City |
North Hollywood
|
State |
CA
|
Zip |
91602
|
Status |
Sold
|
Property Type |
Multi-family
|
Asking Price |
$1,550,000
|
Year Built |
1964
|
Building Sq Ft |
5,883
|
Number of units |
4
|
Value per unit |
$423,750
|
Value per Square Feet |
$288
|
Broker Name |
Vinny Jain
|
Telephone |
(310) 207-2288
|
Email |
sales@ingeniousassetgroup.com
|
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