$ 1,149,000
-
$1,149,000
Price -
10
Bed -
5
Bath -
4,293
SqFt
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About the Listing CLW-X82729 - CLW-C122790,SBEHLEMAR
Rare opportunity to acquire a 5-unit North Hollywood apartment building with proven market rents on two repositioned leases and an eye for opportunity with remaining three units ripe with upside to unlock. Spanning a total of 4,293 sf across a 5,500 sf RD 2-1 zoned TOC Tier 1 lot in an Opportunity Zone, this property consists of a stable mix of (1) one-bedroom, (3) two-bedrooms & (1) three bedroom units. A total of five parking spaces service the building and soft story retrofit was completed in 2021. This property is ideally situated nearby transit corridors, hiking, schools, parks, and shopping, as well as easily accessible from Southern California employment hubs, such that rental demand will remain stable for the foreseeable future. Purchase price contemplates that property will be delivered with current tenants in place and will be revised upward in event of turnover.
Listing Highlights for 12001 Valerio St
Status
Active
Days on Site
77
Property Type
Multi-Family
MLS ®
25553831
Year Built
1964
Total Square Footage
4,293
Lot/Acreage
0.13
County
Los Angeles
Interior Details
- Bedrooms: 10
- Bathrooms: 5 Full
- Appliances: Dishwasher, Microwave, Refrigerator
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: LARD2
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Carport,Driveway,Parking Space,Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2317014009
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
12001 Valerio St North Hollywood, CA 91605
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