Excellent 2 story building in Lake Balboa area, wood frame construction. Freshly painted exteriors. The apartments feature hardwood floors, carpets and vinyl flooring. Consists of (2)2+1 and (2)1+1. Actual gross income of $46,924. Separate gas & electric meters, individual water heaters. 4 gated carports.
The property was built in 1957 and is set on 6,011 sq/ft (per assessor) lot. Drive by only. No walking the property or talking to tenants. Inside showing is with accepted offer only.
Good 6-unit investment property in the city of North Hollywood. It consists of perfect unit mix for the area. All units are currently occupied. Zoned LARD 1.5 per assessor. Property profile states no bedrooms and no baths. Actual bedrooms are 6 and 6 baths. Front single-residence (1,042 sqft) built in 1924. Back building has 5 units and built in 1942. (per assessor's profile). Rents are low, there is opportunity to raise them.
Great duplex with 3 Bedrooms and 2 Baths (according to the owner) with fireplace, laundry inside,patio and huge balcony off the upstairs bedrooms. Very spacious and updated units. Crown moldings and recessed lighting. Kitchen with newer cabinets tile floors & granite counter tops. Wood floors throughout. Each unit has very spacious back yard for entertaining. Separate electrical, water and gas meters as well as separate garages. Copper plumbing. Close to shopping areas and major freeways.