11720 Hart St - Apartments FOR SALE


North Hollywood, CA 91605
$1,050,000 USD
310-245-5600
11720 Hart St, North Hollywood, CA for Sale
$1,050,000 USD
Apartments - FOR SALE
1/3
null | 5.9% Cap Rate

11720 Hart St
North Hollywood, CA 91605


HIGHLIGHTS

  • 5.9% Current Cap
  • Considerable Upside in Rents
  • Copper Plumbing
  • New Electrical Panels

OVERVIEW

5.9% Current Cap with Considerable Upside; Add an ADU apartment in the back; Gated Six-Unit Complex in the Desirable North Hollywood Market on Corner Lot; Owner's unit with large private patio and separate entrance; Copper Plumbing; Electrical Panels Replaced; All Units Have Individual Water Heaters; Potential to Install Laundry Facilities On-Site for Additional Income; Separately Metered for Gas and Electricity; Marketing Package Attached.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$297 USD /SF

# OF UNITS

6

PRICE/UNIT

$175,000

CAP RATE

5.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5.9% CURRENT CAP- ADD AN ADU

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LAR3

APN/PARCEL ID

2321-017-001

ASK ABOUT THIS PROPERTY

Janette MonfaredMarcus & MillichapMore Info
310-245-5600

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

Janette MonfaredMarcus & MillichapMore Info
310-245-5600

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