$1,040,000
$985,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
7,000 Sqft Lot
SOLD DATE : 11/15/2024
Key Details
Sold Price $1,040,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24218980
Sold Date 11/15/24
HOA Y/N No
Year Built 1950
Lot Size 7,000 Sqft
Property Description
Well maintained triplex in Prime North Hollywood Location. Situated near the vibrant NoHo Arts District, this triplex offers an exceptional investment opportunity. Two units are tenant-occupied, while the 3rd back unit is newly renovated and vacant. The property features mostly updated windows and a mix of hardwood, laminate, and ceramic flooring throughout the kitchens. A spacious storage shed in the rear provides additional convenience, and the gated lot offers ample open parking for tenants. Ideal for investors seeking a well-located, income-generating property in a high-demand area. According to architect, you can build over 30 affordable units on this lot!
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD2
Interior
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Street Lights, Sidewalks
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2337015021
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA
Listing Terms Cash, Cash to New Loan, Conventional, FHA
Financing Cash
Special Listing Condition Standard
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Bought with Raymond Ovsepyan • Remax Optima
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "