$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
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,266 sqft
Price per Sqft $258
MLS Listing ID 24-367059
Sold Date 04/16/24
Bedrooms 11
Year Built 1963
Lot Size 7,376 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 North Hollywood
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment None
Exterior
Garage Other
Garage Spaces 7.0
Building
Story 2
Level or Stories One
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Balboa Real Estate, Inc.
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Broker | License ID: DRE#01976964