10717 Bloomfield Street Active

North Hollywood,CA 91602

$ 1695000

2 Beds

1 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24133767

Bedrooms 2

HOA Y/N No

Lot Size 5,068 Sqft

Property Description

Well Maintained, pride of ownership 4 unit in Toluca Lake Area of North Hollywood. Property Consists of of four 2 bedroom + 1 bath units, averaging about 800 sq. ft. each. 5.02% Cap Rate and 14.13 GRM at Market Rent. Possibiliby for an astute investor to turn the carports into ADU's to generate additional Rental Income and further increase the cash return to Owner. One unit to be delivered vacant with projected rent of $2,500/mo. Each Unit has individual Water Heater. Zoned LA-R3 so possibility to rent now and build condos in the future similar to properties accross the Street.
Well Maintained, pride of ownership 4 unit in Toluca Lake Area of North Hollywood. Property Consists of of four 2 bedroom + 1 bath units, averaging about 800 sq. ft. each. 5.02% Cap Rate and 14.13 GRM at Market Rent. Possibiliby for an astute investor to turn the carports into ADU's to generate additional Rental Income and further increase the cash return to Owner. One unit to be delivered vacant with projected rent of $2,500/mo. Each Unit has individual Water Heater. Zoned LA-R3 so possibility to rent now and build condos in the future similar to properties accross the Street.

Location

State CA

County Los Angeles

Area North Hollywood (91602)

Zoning Assessor

Exterior

Garage Unit1:Assigned

Building

Lot Description Curbs,Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $37

Acceptable Financing Cash

Space Rent $1,889

Listing Terms Cash

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