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11633 Friar Street

North Hollywood, CA 91606
  • $1,950,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: SR22146408
UPDATED: 64 min ago
$1,950,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1944
County:

School Ratings & Info

Listing Agent(s): Ani Nersisyan of Compass (310-272-8002)


Description

New opportunity for investors and developers! Check out this soon to be RTI ready 4 unit apartment building in North Hollywood, with permits and plans prepared for expansion! Currently with 8 beds and 4 baths, this property provides 3,122 sq. ft of living space with 2 beds and 1 bath in each unit. Each unit has a reserved parking space. The property has 4 electric meters, 4 gas meters, and 1 water meter. Buy it and start building a completely new 12,000 sqft 3-storey complex with 11 units and 21 bedrooms! This property is less than 5 minutes away from the NoHO West Shopping Plaza, one of the area's latest developments where you can find the Regal movie theatre, Trader Joes, Starbucks, Crumbl Cookies, restaurants, boutiques, and more.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T17:31:04.873. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Villa Real Estate. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/131149193
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11633 Friar Street North Hollywood, CA 91606

  • Price: $1,950,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 64 min ago
  • ID#: SR22146408
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1944
Built
Neighborhood:
NHO - North Hollywood
County:
Los Angeles
Area:
NHO - North Hollywood
Property Description
New opportunity for investors and developers! Check out this soon to be RTI ready 4 unit apartment building in North Hollywood, with permits and plans prepared for expansion! Currently with 8 beds and 4 baths, this property provides 3,122 sq. ft of living space with 2 beds and 1 bath in each unit. Each unit has a reserved parking space. The property has 4 electric meters, 4 gas meters, and 1 water meter. Buy it and start building a completely new 12,000 sqft 3-storey complex with 11 units and 21 bedrooms! This property is less than 5 minutes away from the NoHO West Shopping Plaza, one of the area's latest developments where you can find the Regal movie theatre, Trader Joes, Starbucks, Crumbl Cookies, restaurants, boutiques, and more.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 5 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest Planned Development Community Features Valley Garage YN No Gross Income 61608 Gross Scheduled Income 61608 Insurance Expense 1473 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 40499 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 21108 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1410 Water Sewer Expense 1410 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T17:31:04.873. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Villa Real Estate. Licensed in the State of California, USA.
 
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Villa Real Estate
450 Newport Center Drive, Suite 100
Newport Beach CA, 92660
Listing Agent(s): Ani Nersisyan of Compass (310-272-8002)