11330 Morrison Street

    North Hollywood, CA 91601
    • $1,399,000
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: 18404690
    New On Site 4 Days Ago
    UPDATED: 46 min ago
    $1,399,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,922
      SQFT
    • $728
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    3 separate homes on a lot with private space/yard for each! WOW! COMPLETELY VACANT AND BRAND NEW ! What an opportunity to own a completely re imagined and partially reconstructed TRIPLEX in the wonderful NoHo ARTS DISTRICT! Excellent pro forma cash flow and very low overhead make this a prime investment where you can set your own rents for maximum value. This 3 unit property has been meticulously restored using the finest materials, MUST SEE TO APPRECIATE ! All units come MOVE IN READY with appliances and stackable laundry. Each each unit has central air/heat and is individually metered. There is Ample parking and also one garage located on the property. Located in one of the most up and coming neighborhoods in Los Angeles, the arts district is a hub of restaurants , outdoor activity , and nightlife to satisfy all . WILL NOT LAST MUST SEE!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/89215566

    11330 Morrison Street North Hollywood, CA 91601

    • Price: $1,399,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: 18404690
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1,922
    SQFT
    $728
    $/SQFT
    1960
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    3 separate homes on a lot with private space/yard for each! WOW! COMPLETELY VACANT AND BRAND NEW ! What an opportunity to own a completely re imagined and partially reconstructed TRIPLEX in the wonderful NoHo ARTS DISTRICT! Excellent pro forma cash flow and very low overhead make this a prime investment where you can set your own rents for maximum value. This 3 unit property has been meticulously restored using the finest materials, MUST SEE TO APPRECIATE ! All units come MOVE IN READY with appliances and stackable laundry. Each each unit has central air/heat and is individually metered. There is Ample parking and also one garage located on the property. Located in one of the most up and coming neighborhoods in Los Angeles, the arts district is a hub of restaurants , outdoor activity , and nightlife to satisfy all . WILL NOT LAST MUST SEE!
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Cooling Central Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.01 Gross Multiplier 16.67 Gross Operating Income 84000.00 Improvements Amount 72813 Land Value 127446 Laundry YN Yes Net Operating Income 56136.00 Special Listing Conditions Standard Total Expenses 27864.00 Zoning Lar3

    Listing provided courtesy of Levi Wohl of Success With Integrity Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. 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. Licensed in the State of California, USA.
     
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