$3,500,000

Multi Family In North Hollywood

  • 3 Beds
  • 2 Baths
  • 13,783 Sqft lot
  • Updated: November 3
  • Source:
    San Diego MLS  MLS#BB26231521

About the Property

A 15-unit Multifamily Located in Noho West With over 60% Upside on rent and currently operating at a 5% CAP Rate. the Property Boasts an Appealing Blend of Units (7 2bedrooms & 8 1bedrooms), All Surrounding a Stunning Courtyard. Each Unit Offers Spacious Living Areas and Private Balconies. The property currently collects $270K in rent with proforma rents reaching $427K, resulting in a Proforma
A 15-unit Multifamily Located in Noho West With over 60% Upside on rent and currently operating at a 5% CAP Rate. the Property Boasts an Appealing Blend of Units (7 2bedrooms & 8 1bedrooms), All Surrounding a Stunning Courtyard. Each Unit Offers Spacious Living Areas and Private Balconies. The property currently collects $270K in rent with proforma rents reaching $427K, resulting in a Proforma GRM of 8.19 and Proforma CAP rate of 9.65%. Recent Capital Improvements include EQ Retrofitting, Main Panel Upgrades, new asphalt and Three Units with Complete Interior Renovations
…
  • Property type

    Other

  • Floors

    2

Features

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12635 Vanowen Street, Los Angeles, California, United States View on Google Maps
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LA Premier Realty - Glendale

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LA Premier Realty - Glendale
California, United States
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8
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2025
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LA Premier Realty - Glendale
Glendale, California, United States
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Last updated
November 3
First listed
November 3
Listing reference
BB26231521
Listing status
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