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11608 Archwood St

North Hollywood, CA 91606
  • $1,125,000
  • STATUS: Active Under Contract
  • ON SITE: 165 Days
  • ID#: 22-158447
Under Contract
UPDATED: 32 min ago
$1,125,000
  • 6
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,313
    SQFT
  • $486
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Description

Investors delight in North Hollywood! Multi-unit property with 2400 sq ft and sitting on a lot just shy of 8000 sq ft. Located 5 minutes from the Burbank airport. This unique multi-unit property has three units featuring 2 bedrooms and 1 bath with their own private entrance and yard. There are 2 separate 2 car garages on the property as well. This property had its plumbing upgraded a few years ago with copper piping throughout and had all 3 kitchens renovated with brand new cabinets and quartz counter tops. In addition, there is space for future additions if wanted/needed. The current tenants have all been renting for the last 15 plus years and are currently on a month-to-month lease. If you are an experienced investor or a first-time investor you cannot go wrong with this property!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-07T11:42:40.983. 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.
www.realestatetoolbox.com/homes/130270156
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11608 Archwood St North Hollywood, CA 91606

  • Price: $1,125,000
  • Status: Active Under Contract
  • On Site: 165 Days
  • Updated: 32 min ago
  • ID#: 22-158447
6
Beds
0
Baths
0
½ Baths
0.18
Acres
2,313
SQFT
$486
$/SQFT
1949
Built
Neighborhood:
North Hollywood
County:
Los Angeles
Area:
North Hollywood
Property Description
Investors delight in North Hollywood! Multi-unit property with 2400 sq ft and sitting on a lot just shy of 8000 sq ft. Located 5 minutes from the Burbank airport. This unique multi-unit property has three units featuring 2 bedrooms and 1 bath with their own private entrance and yard. There are 2 separate 2 car garages on the property as well. This property had its plumbing upgraded a few years ago with copper piping throughout and had all 3 kitchens renovated with brand new cabinets and quartz counter tops. In addition, there is space for future additions if wanted/needed. The current tenants have all been renting for the last 15 plus years and are currently on a month-to-month lease. If you are an experienced investor or a first-time investor you cannot go wrong with this property!
Exterior Features

Covered Parking 4 Garage Structures Total 2 Lot Size Area 7817 Other Structures Other Parking Garage Garage - 4+ Car Total Parking 4

Interior Features

Baths Total 3.00 Cooling Wall/Window Equipment Ceiling Fan Heating Floor Furnace

Property Features

Assessed Total Value 263777 Gross Income 46340 Gross Operating Income 4050 Like Units1 1 Like Units2 2 Like Units3 3 Net Operating Income 7500.00 Number Of Buildings 3 Number Of Units 3 Sale Type Standard Source Living Area Title Company Source Lot Size Area Vendor Enhanced Total Annual Expense 3967 Type Of Units 2 Bed 1 Bath Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Jorge Fernandez DRE# of Ambiance Realty: 424-777-0320.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-07T11:42:40.983. 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.
 
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