OUTSTANDING OPPORTUNITY to own an 8 units multifamily property in the NoHo Arts area. The property has an excellent unit mix consisting of two 3 BD + 2 BA and six 2 BD + 1 BA units with a spacious average unit size of 981 SF. In 2014 the propertyreceived a new roof, copper repiping of the horizontal pipes, and a new water heater. Six units have new windows and seven unitshave had upgrades of varying degree including new bathrooms, new kitchens, and flooring. Buyer to verify extend of upgrades.There is huge potential for rent increase of 30% from the current existing rents to current market rents due to the increases in the market over the past few years. The property is located just one block south of the NoHo Arts District and is SE of the Camarillo & Lankershim Blvd. intersection.The NoHo area has had much redevelopment over the last 10 years which has rejuvenated the community with many newemployment centers, shopping, restaurants and theatre. It is close to the 101 and 134 Freeways.
Great 4 unit building in a sweet Valley Village location!! Features include retro kitchen with dining area, remodeled bathroom, all new electrical, all new plumbing, hardwood floors, and more! Front unit has private yard. Two units share private patio. Two 2 car garages. 3.7 cap. 18.99 x gross. 14.64 x projected gross.
Gorgeous triplex in prime Studio City with 2 two bedroom units and a one bedroom cottage with a private front yard. There are hardwood floors, in unit washer/dryers as well as private garages. The property is zoned to build 9 units in the future.