Description
Fully Leased out Newly built 2-story fourplex made up of four spacious 4 bedroom, 4 bathroom townhome-style units located in the heart of North Hollywood! Huge Corner Lot! prime NoHo Arts District location, within walking distance to restaurants, retail and commercial plaza!
Property is located in an OPPORTUNITY ZONE, NO RENT CONTROL, little to no maintenance, separate meters for gas, water & electric, balconies, and has high demand from renters. Each bedroom gets their OWN PRIVATE BATHROOM! No sharing!!! laundry inside each unit, Highly upgraded stainless steel appliances, open floor plans, and total 8 convenient OVERSIZED exterior parking spots.
Actual Rent for each unit is 4350, 4200, 3999 and 4200, which is below market rental price. Market rent is 4500 per each unit. Great potential to easily increase the cap rate!
Location
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Listing Agent: XIANGHUI ZHOU Courtesy of: HARVEST REALTY DEVELOPMENT The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 14th August, 2022 12:16 PM (UTC)
