$1,620,000
$1,495,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
12020 Hamlin ST North Hollywood, CA 91606
11 Beds
10 Baths
6,266 SqFt
Key Details
Sold Price $1,620,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,266 sqft
Price per Sqft $258
MLS Listing ID 24367059
Sold Date 04/16/24
Bedrooms 11
HOA Y/N No
Year Built 1963
Lot Size 7,374 Sqft
Acres 0.1693
Property Description
7 units North Hollywood. Great unit mix. The property consists of 3 - 1 bedroom + 1 bath, 1 - 2 bedroom + 1 bath and 3 - 2bedroom + 2 bath units. Large units. 4 of the units are Section 8 tenants. There is 6,266 square feet of building and it sits on a 7,374 square foot lot. The property was built in 1963. Long term owner. The rents are below market with over 50% upside. This is an excellent value add opportunity. Close to shops, restaurants, NoHo Arts District, Warner Brothers Studios, Universal Studios, Burbank Airport and easy freeway access.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Interior
Fireplace No
Exterior
Total Parking Spaces 7
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2322007040
Special Listing Condition Standard
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Bought with Carolin Alaverdian • Balboa Real Estate, Inc.
GUIDE SoCal
Broker | License ID: DRE#01976964