11156 Acama Street, North Hollywood, CA 91602

$4,150,000
22
BD
23
BA
13,341
SqFt

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List Agent Stephen Hampar () 818-687-4915 Hampar Properties; CoList () Courtesy of Selling Office: Kidder Mathews of California, Inc., David Saghian - Selling Agent DRE# and Courtesy of Listing Office Hampar Properties, Stephen Hampar - Agent DRE#

Sold Price
$4,150,000
List Price
$4,785,000
Closing Date
Oct 16, 2023
Status
CLOSED
MLS#
23275431
Year Built
1988
Bedrooms
22
Bathrooms
23
Living Sq. Ft
13,341
Lot Size
10,540
Days on Market
73
Property Type
Multifamily
Stories
Multi Level

Property Description

11156 Acama Avenue is a 13 unit multifamily property located in Studio City, close to Tujunga Village, Universal Studios, and the many great shops and restaurants along Ventura Blvd. With an outstanding unit mix, and subject only to AB 1484Rent Control, this property is well-positioned for an investor to capitalize on recent rent growth, with potential for a 30% upside in rent. Constructed in 1988, this two story property sits on at 10,559 square foot lot. Intercom system and secured subterranean parking (22 parking spots)offers added security. On-site Landlord owned laundry facility offers additional revenues. All units have balconies (Some have two) walk-in closets, hardwood floors in living room/den and gas burning fireplaces.

Additional Information

Appliances
Dishwasher, Disposal, Microwave
Heat
Central
Cooling
Yes
Cooling Description
Central Air

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.