$1,875,000
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0.25 Acres Lot
SOLD DATE : 07/15/2022
Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22160227
Sold Date 07/15/22
HOA Y/N No
Year Built 1977
Lot Size 0.252 Acres
Property Description
The Hart Street Apartments are a two story multi family 10 unit building. built in 1977. The subject property has many recent capital improvements. Some major items are a new roof in 2017, copper plumbing, installation of central heating and air conditioning, replaced windows and doors, etc.... This is the first time the building has been on the market for sale since 1985. The property is well kept and easy to operate. Rents are considerably below market and offers the new owner a substantial income increase as the units turn over. Parking is on grade and in the rear of the building, parking and entry are controlled access. Low operating costs, high demand rental area and rising rents ensure the new owner/investor a stable investment for years to come. Income and expense are taken from sellers 2021 I/E statement.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Total Parking Spaces 12
Building
Faces South
Story 2
New Construction No
Others
Senior Community No
Tax ID 2321007002
Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s),Window Bars
Financing Cash
Special Listing Condition Standard
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Bought with Michael Dixon NAI Capital, Inc.
