$2,230,000

Estimated payment $13,155/month

Total Views 59,350
11 Beds
8 Baths
3,339 Sq Ft
$668 Price per Sq Ft

Highlights

  • Newly Remodeled
  • Solar Power System
  • Modern Architecture
  • John H. Francis Polytechnic Rated A-
  • City Lights View
  • Quartz Countertops

About This Home

An Amazing Investment Opportunity You Can't Afford to Miss!: Fully Vacant Four Units in the Prime North Hollywood neighborhood!!!
Discover an exceptional investment or owner-user opportunity at 8142 Vantage Ave in the highly desirable North Hollywood area. Located on a residential street, this completely remodeled unit with 3 newly constructed units, offers approximately 3,339 square feet of living space on a generous 7,501 square foot lot, presenting a rare chance to establish market rents and generate immediate cash flow. Enjoy the comfort and privacy of a residential neighborhood with the bonus of additional residential income.

Step inside to find stylish laminate floors flowing throughout the property. The thoughtfully designed unit mix caters to a variety of tenant needs or provides flexible living arrangements for an owner-occupier.

This property is positioned for an owner to live in one unit and rent out the remaining three for substantial income or an investor operator seeking a good return on investment. This property is currently fully vacant, allowing you to set market-leading rents from day one. Imagine the possibilities of tailoring the tenant base and maximizing your return on investment.

Beyond the excellent income potential, this turnkey property offers modern living in a prime location. Enjoy easy access to the vibrant NoHo Arts District, renowned for its theaters, art galleries, eclectic dining, and lively entertainment options. Commuting is a breeze with proximity to major transportation routes and studios. Local amenities, including shops, parks, and schools, are also conveniently close.

This property boasts stunning kitchens featuring sleek quartz countertops, ample cabinetry, and premium finishes. Every detail is brand new: roof, windows, floors, kitchen, bathrooms, plumbing and electrical. As a bonus solar panels in rear units have been paid for.

Don't miss this unique opportunity to own this one-of-a-kind property in a sought-after North Hollywood neighborhood. This is more than just an investment; it's a chance to secure a piece of prime real estate with immediate income potential and long-term growth.

Listing Agent

Julio Bonilla

Keller Williams Pacific Estate Brokerage Phone: 562-355-8060 License #01281205 Listed on: 05/15/2025

Keller Williams Pacific Estate

Co-Listing Agent

Pam Bazzelle

Keller Williams Pacific Estates Brokerage Phone: 562-355-8060 License #02048624

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,632

Year Built

  • Built in 1947 | Newly Remodeled

Lot Details

  • 7,501 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Privacy Fence
  • Vinyl Fence
  • Block Wall Fence
  • Front Yard

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Modern Architecture
  • Quadruplex
  • Turnkey
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,339 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Laminate Flooring

Kitchen

  • <<microwave>>
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Additional Features

  • Solar Power System
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 13302
  • Assessor Parcel Number 2309028021
  • $271 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Valley

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,632

Year Built

Built in 1947 | Newly Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Stove, Refrigerator, Dishwasher, Microwave, Washer and Dryer
  • Other Phone Description: 310.993.9626
  • Price Per Unit: 557500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2309028021
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Quartz Counters
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 667.86
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • View: City Lights, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Block, Privacy, Vinyl
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Valley

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lot Size Area: 7501.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 1210.10
  • Tax Lot: 33
  • Tax Tract Number: 13302
  • TaxOtherAnnualAssessmentAmount: 271.00

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,632 $780,300 $624,240 $156,060
2023 $9,446 $765,000 $612,000 $153,000
2022 $1,004 $70,399 $33,465 $36,934
2021 $986 $69,019 $32,809 $36,210
2020 $990 $68,312 $32,473 $35,839
2019 $959 $66,974 $31,837 $35,137
2018 $858 $65,662 $31,213 $34,449
2016 $806 $63,113 $30,001 $33,112
2015 $794 $62,166 $29,551 $32,615
2014 $806 $60,950 $28,973 $31,977
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 For Rent $4,500 0.0% --
05/15/2025 05/15/25 For Sale $2,230,000 +191.5% $668 / Sq Ft
07/21/2022 07/21/22 Sold $765,000 +5.5% $746 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $724,900 -- $707 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $765,000 Consumers Title
Deed -- Consumers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $612,000 New Conventional
Previous Owner $612,000 New Conventional
Previous Owner $74,000 Credit Line Revolving
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25099559

California Regional Multiple Listing Service (CRMLS)

APN: 2309-028-021