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6725 Laurel Canyon Blvd North Hollywood, CA 91606
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Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,224 sqft
Price per Sqft $263
MLS Listing ID 23-331911
Sold Date 02/09/24
Bedrooms 14
Year Built 1956
Lot Size 8,646 Sqft
Acres 0.1985
Property Description
14 units in North Hollywood. The property consists of 9 Singles and 5 - 1 bedroom + 1 bath units. There is 7,392 square feet of building and it sits on an 8,643 square foot lot. The property was built in 1956. Long term owner. The rents are below market with over 60% upside. This is an excellent value add opportunity. Close to shops, restaurants, NoHo Arts District, Warner Brothers Studios, Universal Studios, Burbank Airport and easy freeway access. There is an assumable loan with an approximate balance of $735,000, 4.55% fixed until 8/1/27, due in 2047. PLEASE DO NOT DISTURB THE TENANTS.
Location
State CA
County Los Angeles
Area North Hollywood
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Other
Cooling None
Equipment None
Exterior
Parking Features Covered Parking
Garage Spaces 8.0
Building
Story 2
Level or Stories One
Others
Special Listing Condition Standard
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Bought with Keller Williams Realty-Studio City
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