Probate Sale. Subject to Court confirmation and overbidding in Court. Sale was confirmed in Court on December 19th, 2022.

For sale AFTER 38 years! Excellent opportunity to own 3 units, with potential to legalize the 4th unit in the back. Owner started the work on converting the garage into a 4th unit, but did not do it with permits. Large two-story owner's unit (3 bedroom 2 bath) in the front, is currently occupied by the wife of the deceased owner, who has agreed to vacate the unit no later than 30-days after close of escrow. Subject agreement is in writing with a conditional stipulation for entry of Judgment (possession) in case the occupant fails to vacate as agreed. One of the existing legal 1 bedroom units is currently vacant, and will be delivered vacant at close of escrow. The other 1 bedroom unit is leased to a long-term Section 8 tenant at $983 per mo. Financials are Projected, assuming market rent for the Owner's unit (=$5,000/mo.), and the vacant unit (=$1,500/mo.). All units separately metered for gas and electricity. Low maintenance. Each unit has its own separate water heater and washer & dryer hook-up. Priced to sell. Desirable North Hollywood location, close to NoHo Arts district, and easy access to I-101, I-170, & I-134. Property is being sold AS IS and WHERE IS. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations.