5233 Cahuenga Boulevard

    North Hollywood, CA 91601
    • $1,450,000
    • STATUS: Active
    • ON SITE: 7 days
    • ID#: RS19034352
    UPDATED: 8 min ago
    $1,450,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,602
      SQFT
    • $403
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:

    School Ratings & Info

    Description

    ATTENTION INVESTORS/DEVELOPER!!!!!! This is a rare opportunity. Amazing location in the heart of the Arts District North Hollywood. Proposed property will be delivered with a set of approved plans, ready to pull permits and start constructions. Approved plans will be set to serve the following breakdown.(5) Studio Units(3) 1 bed + 1 Bath Units(2) 2 Bed + 1 Bath UnitsThe existing building on this property has been demoed. Completed Project = significant equity!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T13:34:41.95. 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.hellerthehomeseller.com/homes/91812108

    5233 Cahuenga Boulevard North Hollywood, CA 91601

    • Price: $1,450,000
    • Status: Active
    • Updated: 8 min ago
    • ID#: RS19034352
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,602
    SQFT
    $403
    $/SQFT
    2019
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    ATTENTION INVESTORS/DEVELOPER!!!!!! This is a rare opportunity. Amazing location in the heart of the Arts District North Hollywood. Proposed property will be delivered with a set of approved plans, ready to pull permits and start constructions. Approved plans will be set to serve the following breakdown.(5) Studio Units(3) 1 bed + 1 Bath Units(2) 2 Bed + 1 Bath UnitsThe existing building on this property has been demoed. Completed Project = significant equity!
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area 500 Average Studio Area Units Square Feet Average1 Bed Area 650 Average1 Bed Area Units Square Feet Average2 Bed Area 750 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Dryer IncludedWasher Hookup Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksStorm DrainsStreet LightingValley Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 231000.00 Gross Scheduled Income 231000.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Net Operating Income 202500.00 New Construction YN No New Taxes Expense 2700.00 Number Of Separate Electric Meters 10 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 10 Operating Expense 28500.00 Other Expense 0.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Other Special Listing Conditions Standard Total Expenses 28500.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Workmans Compensation Expense 0.00 Zoning R3-1Vl

    Listing provided courtesy of Gurpal Sood of Elite Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T13:34:41.95. 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.
     
    Heller The Home Seller
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024