$1,350,000
PENDING

Estimated payment $8,806/month

Total Views 1,713
10 Beds
6 Baths
5,048 Sq Ft
$267 Price per Sq Ft

Highlights

  • Gated with Attendant
  • Parking Storage or Cabinetry
  • Laundry Facilities
  • North Hollywood Senior High School Rated A
  • Central Heating
  • Gated Home

About This Home

Introducing a well-maintained 6-unit multifamily property in the heart of North Hollywood, offering a rare investment opportunity. Built in 1957 and situated on an RD1.5 lot, this 5,048 SF building is 100% occupied, delivering steady income with long-term value-add potential. Pride of ownership shows through recent upgrades including new paving, exterior paint, a private gate, updated washer/dryer, resurfaced stairs and deck, and water-conserving features. Additional highlights include double-pane fiberglass windows for energy efficiency and an earthquake gas shut-off valve. Conveniently located near the NOHO Arts District and major transit routes.

Listing Agent

Karl Markarian

Exp Commercial of California, Inc. License #01932970 Listed on: 05/29/2025

Exp Commercial of California, Inc.

Co-Listing Agent

Joe Nahas

eXp Realty of Greater Los Angeles License #01975197

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,905 Sq Ft Lot
  • Lot Dimensions are 60x131
  • Gated Home

Home Design

  • Flat Roof Shape

Interior Spaces

  • 5,048 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Parking

  • 9 Car Garage
  • 4 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Automatic Gate
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Cable TV Available

Community Details

  • 6 Units
  • Laundry Facilities
  • Rent Control
  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 2321-015-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level - no steps
  • Living Area: 5048
  • Lot Acreage: 0.1815
  • Lot Dimensions: 60x131
  • Probate: No
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 6.00
  • Equipment: Cable
  • Price Per S Q F T: 267.43

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Flat
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 4
  • Covered Parking: 5
  • Parking Garage: Built-In Storage, Assigned
  • Total Parking: 9

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central
  • Security: Gated, Guarded, Smoke Detector, Automatic Gate
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 35.90
  • Assessed Improvement Value: 157608
  • Assessed Land Percent: 64.1
  • Assessed Land Value: 281471
  • Total Assessed Value: 439079
  • Assessor Parcel Number: 2321-015-018
  • Lot Size Area: 7905

Rental Info

  • Total Actual Rent: 86664.00
  • Land Lease Type: Fee
  • Owner Pays: Electricity, Water, Gas, Gardener
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 14.50
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 37277
  • Type Of Units: Market
  • Vacancy Allow: 0
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $1,350,000 -- $267 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25545257

The MLS