North Hollywood, CA 91601,4904 TUJUNGA AVE
$2,300,000
$2,350,000
2.1%
Est.Price: ?

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15 BD
8 BA
5,831 SqFt

4904 TUJUNGA AVE North Hollywood, CA 91601

Est. payment /mo
SOLD DATE : 01/10/2020

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Key Details

Sold Price $2,300,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 5,831 sqft

Price per Sqft $394

MLS Listing ID 19-513176

Sold Date 01/10/20

Bedrooms 15

Year Built 1957

Lot Size 6,973 Sqft

Property Description

We are pleased to present this 8 unit multifamily property located in an ideal NoHo Arts District location, just outside of Toluca Lake. Situated on the corner of Tujunga Ave and Huston St, just north of Camarillo st, this property has a total square footage of 5,831 Sq.Ft., and it sits on a lot size of 6,972 Sq.Ft (0.16 Acres).Built in 1957, the property boasts an excellent unit mix of four 1-bed/1-bath units and four 2-bed/1-bath units. Furthermore, the property has had two recent vacancies, which will be kept for the sale, allowing the perfect opportunity for an owner user, or simply for an investor to achieve full market rents right away on two of the eight units.This investment allows for the opportunity to add value, with an estimated rental upside of 38%. Also, with current interest rates around 3.85%, a buyer can expect to receive a 60% loan to value, which would mean a down payment of around $940,000.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LAR3

Rooms

Other Rooms Other

Dining Room 0

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 8.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Marcus & Millichap
Bought with Marcus & Millichap

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Herman Singh

Broker

+1(310) 625-6175

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