$2,325,000
$2,395,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
5853 Vineland Avenue North Hollywood, CA 91601
11 Beds
Key Details
Sold Price $2,325,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD23095355
Sold Date 07/20/23
Bedrooms 11
Property Sub-Type Res Income 2-4 Units
Property Description
Presenting 5853 Vineland Ave. a newly constructed four-unit development with a 6% Cap Rate ProForma. 5853 Vineland Ave. is made up of 2 buildings, both 2 stories, & they are all individually metered for all utilities. Four total units; with two 3 bed 3 bath units (1 with balcony & Vaulted Ceilings), one 3 bed 2 bath unit, & one 2 bed 2 bath unit. These beautifully designed units offer en-suites in 6 of the bedrooms, have Smart controlled central HVAC, recessed lighting, individual washer / dryer hook ups, Stainless Steel Appliances Installed, and 2 parking spots per unit, & electrical vehicle charging options. Motorized & Gated parking with 3 separate driveways. There is also potential for additional guest parking spaces on site. All these amenities are attractive for potential tenants. The location of these North Hollywood units makes it easy for any tenant to enjoy all the nearby hotspots such as the Arts District and the newly developed NoHo West. These units are also near public transportation, grocery stores, restaurants, and so many other large scale development projects.
Location
State CA
County Los Angeles
Zoning Builder
Direction Input property address into a navigation source for most accurate directions. Vineland, between Califa & Emelita.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Fence Other/Remarks
View Y/N No
Building
Story 2
Level or Stories 2
Read Less
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