10950 Hortense Street

    North Hollywood, CA 91602
    • $1,200,000
    • STATUS: Active
    • ON SITE: 64 days
    • ID#: 17297288
    UPDATED: 209 min ago
    $1,200,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,270
      SQFT
    • $529
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    We are pleased to present 10950 Hortense Street - a three (3) unit multifamily investment opportunity situated in a pocket bordering prime North Hollywood and Toluca Lake. This wood frame stucco building consists of 2,270 SF of living area and is situated on a 6,687 SF lot zoned LAC2, providing it with future development potential of up to 16 units (buyer to verify).This property features: One (1) Two Bedroom / 1.5 Bath unit and Two (2) One Bedroom / One Bath units. All units provide a washer and dryer,charming private patios, and central HVAC. Additionally, this pride of ownership building boasts spacious floor plans with hardwood and tile floors, granite counter tops, crown molding, stainless steel appliances, and gas fire places.Located in the North Hollywood Redevelopment Project Area, the new owner/investor will benefit from this trophy property that provides ample parking for the tenants, private garages, gated entry, and units that are in high rental demand.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-22T00:28:59.79. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.kristirobertsgroup.com/homes/79485072

    10950 Hortense Street North Hollywood, CA 91602

    • Price: $1,200,000
    • Status: Active
    • Updated: 209 min ago
    • ID#: 17297288
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,270
    SQFT
    $529
    $/SQFT
    1923
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    We are pleased to present 10950 Hortense Street - a three (3) unit multifamily investment opportunity situated in a pocket bordering prime North Hollywood and Toluca Lake. This wood frame stucco building consists of 2,270 SF of living area and is situated on a 6,687 SF lot zoned LAC2, providing it with future development potential of up to 16 units (buyer to verify).This property features: One (1) Two Bedroom / 1.5 Bath unit and Two (2) One Bedroom / One Bath units. All units provide a washer and dryer,charming private patios, and central HVAC. Additionally, this pride of ownership building boasts spacious floor plans with hardwood and tile floors, granite counter tops, crown molding, stainless steel appliances, and gas fire places.Located in the North Hollywood Redevelopment Project Area, the new owner/investor will benefit from this trophy property that provides ample parking for the tenants, private garages, gated entry, and units that are in high rental demand.
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Cooling Central Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 17.70 Gross Operating Income 65613.00 Improvements Amount 208597 Land Value 511513 Laundry YN Yes Net Operating Income 40068.00 Special Listing Conditions Standard Total Expenses 25544.00 Zoning Lac2

    Listing provided courtesy of Derrick Vartanian of Keller Williams Silicon Beach and Jonathan Prakash of Keller Williams Silicon Beach.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-22T00:28:59.79. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    Kristi Roberts Group, Inc.
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    Murrieta CA, 92563