6725 Laurel Canyon Boulevard, North Hollywood, CA 91606
- $1,900,000
- 14
- BD
- 14
- BA
- 7,224
- SqFt
List Agent Michael A Salerno () 213-866-9801 Michael Anthony Salerno; CoList () Courtesy of Selling Office: Keller Williams Realty-Studio City, Akash Saini - Selling Agent DRE# and Courtesy of Listing Office Michael Anthony Salerno, Michael A Salerno - Agent DRE#
- Sold Price
- $1,900,000
- List Price
- $1,950,000
- Closing Date
- Feb 09, 2024
- Status
- CLOSED
- MLS#
- 23331911
- Year Built
- 1956
- Bedrooms
- 14
- Bathrooms
- 14
- Living Sq. Ft
- 7,224
- Lot Size
- 8,646
- Days on Market
- 28
- Property Type
- Multifamily
- Stories
- One Level
Property Description
14 units in North Hollywood. The property consists of 9 Singles and 5 - 1 bedroom + 1 bath units. There is 7,392 square feet of building and it sits on an 8,643 square foot lot. The property was built in 1956. Long term owner. The rents are below market with over 60% upside. This is an excellent value add opportunity. Close to shops, restaurants, NoHo Arts District, Warner Brothers Studios, Universal Studios, Burbank Airport and easy freeway access. There is an assumable loan with an approximate balance of $735,000, 4.55% fixed until 8/1/27, due in 2047. PLEASE DO NOT DISTURB THE TENANTS.
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Additional Information
- Cooling Description
- None
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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.