11649 Burbank Blvd - Multi-Family FOR SALE


North Hollywood, CA 91601
$1,190,000 USD
818-640-4360
11649 Burbank Blvd, North Hollywood, CA for Sale
$1,190,000 USD
Multi-Family - FOR SALE
1/9
null | 1.09% Cap Rate

11649 Burbank Blvd
North Hollywood, CA 91601


HIGHLIGHTS

  • Rare R3 lot with single family home
  • Lot size is 6,548
  • Existing home is 2 bedroom one bath and 1094 square feet
  • Can be sold together with 11655 Burbank Blvd
  • Excellent North Hollywood rental pocket adjacent to Valley Village

OVERVIEW

Equity Union Commercial is proud to represent this single family resident in North Hollywood. Its unit mix consists of (1) 2+1 unit. With a lot size of 6,548 square feet, the property has a total of 1,094 rentable square feet. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$1,088 USD /SF

# OF UNITS

1

PRICE/UNIT

$1,190,000

CAP RATE

1.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1938

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,548 SF

ZONING

LAR3

APN/PARCEL ID

2339-015-023

ASK ABOUT THIS PROPERTY

Cindy HillEquity Union Real EstateMore Info
818-640-4360

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Cindy HillEquity Union Real EstateMore Info
818-640-4360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.