$3,600,000
$4,000,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
21 Beds
18 Baths
0.34 Acres Lot
SOLD DATE : 12/20/2023
Key Details
Sold Price $3,600,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23205119
Sold Date 12/20/23
Bedrooms 21
HOA Y/N No
Lot Size 0.344 Acres
Property Description
13-unit apartment building situated at 11146 Camarillo Street, North Hollywood, CA 91602. Constructed in 1964, the unit configuration comprises eight 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, two 2-bedroom/2-bathroom units, one 3-bedroom/2-bathroom unit, and one 4-bedroom/3-bathroom unit, resulting in approximately 13,616 total rentable square feet. The building is on a roughly 15,000 square foot parcel of land zoned LAR3. With an appealing unit mix, good upside potential and spacious residences, this property is an alluring investment opportunity for those seeking the finest traits of North Hollywood. Positioned on Camarillo Street between Vineland Avenue and Tujunga Avenue, the building provides very easy connectivity to the 101/134/170 freeways. Convenient access to the Westside of town is also offered via the Coldwater Canyon or Laurel Canyon routes. The site is a short walk to North Hollywood Park as well as Walter Reed Middle School and North Hollywood High School. Furthermore, the vibrant North Hollywood Arts District with many fashionable bars, restaurants and attractions contributes to the escalating demand for rentals in this thriving neighborhood.
13-unit apartment building situated at 11146 Camarillo Street, North Hollywood, CA 91602. Constructed in 1964, the unit configuration comprises eight 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, two 2-bedroom/2-bathroom units, one 3-bedroom/2-bathroom unit, and one 4-bedroom/3-bathroom unit, resulting in approximately 13,616 total rentable square feet. The building is on a roughly 15,000 square foot parcel of land zoned LAR3. With an appealing unit mix, good upside potential and spacious residences, this property is an alluring investment opportunity for those seeking the finest traits of North Hollywood. Positioned on Camarillo Street between Vineland Avenue and Tujunga Avenue, the building provides very easy connectivity to the 101/134/170 freeways. Convenient access to the Westside of town is also offered via the Coldwater Canyon or Laurel Canyon routes. The site is a short walk to North Hollywood Park as well as Walter Reed Middle School and North Hollywood High School. Furthermore, the vibrant North Hollywood Arts District with many fashionable bars, restaurants and attractions contributes to the escalating demand for rentals in this thriving neighborhood.
Location
State CA
County Los Angeles
Area North Hollywood (91602)
Zoning Assessor
Exterior
Pool Below Ground, Community/Common
Building
Lot Description Sidewalks
Story 2
Others
Monthly Total Fees $187
Acceptable Financing Cash
Space Rent $313,441
Listing Terms Cash
Financing Cash
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Bought with NON LISTED AGENT • San Diego
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