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11763 Hamlin St

North Hollywood, CA 91606
  • $1,950,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 22-116337
UPDATED: 67 min ago
$1,950,000
  • 10
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,467
    SQFT
  • $302
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

What a great investment opportunity? Well, this 8 unit apartment building is a good prospect and investment to add to your portfolio. Located in prime North Hollywood, Mid Century in style, this 60s built complex could use some TLC and modern renovations to bring it back to life. Opportunities like this don't come along that often. It is well priced, is a sound investment for the future. Come, see it for yourself.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-16T21:42:22.74. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/124502670
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11763 Hamlin St North Hollywood, CA 91606

  • Price: $1,950,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 67 min ago
  • MLS #: 22-116337
10
Beds
0
Baths
0
½ Baths
0.19
Acres
6,467
SQFT
$302
$/SQFT
1963
Built
Neighborhood:
North Hollywood
County:
Los Angeles
Area:
North Hollywood
Property Description
What a great investment opportunity? Well, this 8 unit apartment building is a good prospect and investment to add to your portfolio. Located in prime North Hollywood, Mid Century in style, this 60s built complex could use some TLC and modern renovations to bring it back to life. Opportunities like this don't come along that often. It is well priced, is a sound investment for the future. Come, see it for yourself.
Exterior Features

Covered Parking 2 Lot Description Resident ManagerNo LandscapingSingle LotUtilities - Overhead Lot Location City Lot Size Area 8178 Other Structures None Parking Garage Covered Parking Pool Description None Pool YN No Spa None Spa YN No Total Parking 6

Interior Features

Baths Total 10.00 Cooling Wall Unit(S) Equipment Garbage DisposalCable Fireplace Rooms None Heating Wall Gas Water Heater Features Central Water HeaterGas

Property Features

Alley YN No Assessed Total Value 409247 Electric Expense 5000.00 Gardener Expense 780.00 Gross Income 9235 Gross Operating Income 109128 Insurance Expense 3115.00 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Monthly Gross Income 9235.00 Net Operating Income 90277.00 Number Of Buildings 8 Number Of Units 8 Owner Pays GasWaterGardenerElectricityOther Property Condition Fixer Rent Control YN Yes Sale Type Standard Security Features Resident Manager Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tax Total 6000.00 Tenant Pays Cable TvElectricityGas Total Annual Expense 18851.97 Trash Expense 4701.00 Type Of Units Apartments Water District Water Expense 5000.00 Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Michael Mersola DRE#01503186 of Keller Williams Realty Los Feliz.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-16T21:42:22.74. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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