Property Detail

Description

This 9-unit property in North Hollywood is available for the first time. The property was constructed in 1981 and, with its rents currently below market value and two empty units, there's great potential for rental income growth. Its unit mix consists of eight 1+1 units and one 2+1 unit. With a lot size of 10,531 square feet, the property has a total of 6,724 square feet of rentable space. North Hollywood offers your tenants many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access to public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways.