North Hollywood CA  home offered at $2,000,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

11843 Hamlin Street
North Hollywood, California CA 91606-5500
Sold For: $1,750,000
Listing ID: BB22071511
Price/SqFt: $250.79
Status: Closed
Sold Date: 12/02/2022
SqFt: 6,978 Sq Ft
Acres: 0.207 Acres
Year Built: 1962

Located in TRENDY NORTH HOLLYWOOD, just blocks from the 170 Freeway and NoHo Arts District, this 8-unit apartment building offers a multitude of development and commercial opportunities. Below-market rents present an OPPORTUNITY for an enterprising investor looking for an income property with considerable upside potential. The building was RETROFITTED IN 2019 in accordance with the City of Los Angeles Ordinance 183893 and is compliant with all earthquake structural improvements. UPGRADES: Full double-pane window replacement done in 2020. New roof replaced in 2015. Plumbing replaced to copper in 2021. All units have been remodeled to include laminate floors and some units have upgraded bathrooms and kitchens. Building has been METICULOUSLY MAINTAINED providing the new owner with minimal deferred maintenance. Building is a PRIME CANDIDATE for ADU development, which could turn this building into a 10-12 plex. PRIME LOCATION in the up-and-coming NoHo Arts District with close access to the 170 and 101 Freeways as well as major retailers like Trader Joe’s, Home Depot, Costco and top entertainment venues. BLOCKS from the NoHo West Shopping Development and the North Hollywood Recreation Development.

Primary Features

County: Los Angeles
Price Reduction Date: 2022-08-29T15:23:37+00:00
Price/SqFt: 250.79
Property Type: Residential Income
Year Built: 1962
Zoning: LARD1.5

Interior

Appliances: yes
Appliances: Freezer, Gas & Electric Range, Microwave, Refrigerator
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: No Common Walls
Fireplace: no
Fireplace Features: None
Flooring: Laminate
Garage Spaces: 8
Heating: yes
Heating Type: Wall Furnace
Laundry: yes
Laundry Features: Common Area
Levels: Two
Stories Total: 2

External

Lot Features: 6-10 Units/Acre
Lot Size Area: 8996
Lot Size Dimensions: 8996
Lot Size Source: Assessor
Lot Size Square Feet: 8996
Number Of Buildings: 1
Parking Total: 8
Pool Features: None
Private Pool: no
Property Attached: no
Sewer: Unknown
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: NHO - North Hollywood

Additional

Additional Parcels: no
Community Features: Hiking
Days On Market: 51
List Agent State License: 02148659
List Office State License: 01417719
Lot Size Units: Square Feet
New Construction: no
Number Of Units Total: 8
Parcel Number: 2322020044
Senior Community: no
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Year Built Source: Assessor

Financial

Electric Expense: 2421
Gross Scheduled Income: 119052
Insurance Expense: 100
Land Lease: no
Net Operating Income: 98309
Operating Expense: 15086
Price Per Unit: 250000
Rent Control: yes
Special Listing Conditions: Standard
Tax Census Tract: 1239.01
Tax Lot: 11
Tax Tract Number: 6009
Total Expenses: 15086
Trash Expense: 656
Water Sewer Expense: 2421

Zoning Info


© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Realty Masters and Associates or one of their associates. Last updated Thursday, March 28th, 2024.

Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
#IDX-primaryPhoto,#idx-details-header,#IDX-listingMediaLinks
Listed by: Warren Tardif, DRE #02148659 from Amalgamated Concepts Inc

Contact - Listing ID BB22071511

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
{"page":"listing","idxID":"d025","listingID":"BB22071511","extra":"11843-Hamlin-Street-North-Hollywood-CA-91606","type":"detailsContact"}
http://lisadinotogroup.com
details.php
https://homes.lisadinotogroup.com
details