$1,650,000

Estimated payment $10,442/month

Total Views 1,755
10 Beds
7 Baths
6,532 Sq Ft
$253 Price per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • North Hollywood Senior High School Rated A
  • Laundry Room
  • Wall Furnace

About This Home

Rare Investor Opportunity - 7-unit in North Hollywood!
Discover a sizable multi-family asset in the heart of North Hollywood boasting seven self-contained units across 2 levels, totaling ~6,532 sqft on a nearly 8,000 sqft lot. Each unit offers essential modern comforts-air conditioning, wall heating, and water meters—with shared on-site laundry and dedicated off-street parking. With a Walk Score of 75, residents enjoy exceptional access to local amenities, Metro access, and convenient proximity to Burbank-Bob Hope Airport. Perfect for savvy investors eyeing cash flow with future upside through interior upgrades or lease optimization.
Offered at TODAY'S MARKET PRICE-serious inquiries only.

Listing Agent

Gary Kazanchyan

Coldwell Banker Hallmark Realty Brokerage Phone: 310-877-5494 License #02231419 Listed on: 07/15/2025

Coldwell Banker Hallmark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,939 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 6,532 Sq Ft Home
  • 2-Story Property
  • Gas Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 264
  • Tax Tract Number 6024
  • Assessor Parcel Number 2321011009
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 7 Separate Water Meters
  • Electric Expense $2,790
  • Fuel Expense $1,198
  • Insurance Expense $11,576
  • Maintenance Expense $4,720
  • Trash Expense $6,325
  • Water Sewer Expense $2,790
  • Operating Expense $41,188
  • Gross Income $131,777
  • Net Operating Income $90,589

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: 3108775494
  • Price Per Unit: 235714
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2790.00
  • Zoning: LARD1.5
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 2321011009
  • Year Built: 1961
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 252.60

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 6325.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7939.00
  • Lot Size Acres: 0.1823

Multi Family

  • Average2 Bed Area: 850 Square Feet
  • Electric Expense: 2790.00
  • Fuel Expense: 1198.00
  • Gross Income: 131777.00
  • Gross Scheduled Income: 131777.00
  • Insurance Expense: 11576.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 35.00
  • Lot Size Area: 7939.0000 Square Feet
  • Maintenance Expense: 4720.00
  • Net Operating Income: 90589.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 41188.00
  • Rent Control: No
  • Total Actual Rent: 10981.40
  • Total Expenses: 41188.00

Tax Info

  • Tax Census Tract: 1232.04
  • Tax Lot: 264
  • Tax Tract Number: 6024

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
07/15/2025 07/15/25 For Sale $1,650,000 -- $253 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25149454

California Regional Multiple Listing Service (CRMLS)