11341 Victory Boulevard, North Hollywood, CA 91606

$3,350,000

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List Price
$3,350,000
Status
ACTIVE
MLS#
GD26130394
Year Built
1977
Lot Size
11,988
Acres
0.28
Lot Location
Front Yard, Near Public Transit
Days on Market
44
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Strategically located on Victory Blvd, this 11-unit 7,030 square foot apartment building located in the heart of North Hollywood sits on an 11,988 square foot R3-zoned lot. This property features a secure gated entrance, a welcoming courtyard for residents, community laundry facilities, and ample parking. With rents currently below market value, there's great potential for rental income growth. Provides easy access to 101, 170 and 5 freeways, shopping, dining, and public transit such as the Redline. Nearby Burbank Airport, University City, NOHO Arts District and North Hollywood Park. Excellent investment opportunity with strong potential for income growth!

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
11
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
11
Gross Scheduled Income
$190,044
Operating Expense
66490

Listing courtesy of Listing Agent: Tamar Hacikian (tamhacikian@gmail.com) from Listing Office: Keller Williams R. E. Services.

Mortgage Calculator

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Annual Interest Rate
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.