12020 Hamlin Street, North Hollywood, CA 91606

$1,620,000
11
BD
10
BA
6,266
SqFt

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List Agent Michael A Salerno () 213-866-9801 Michael Anthony Salerno; CoList () Courtesy of Selling Office: Balboa Real Estate, Inc., Carolin Alaverdian - Selling Agent DRE# and Courtesy of Listing Office Michael Anthony Salerno, Michael A Salerno - Agent DRE#

Sold Price
$1,620,000
List Price
$1,495,000
Closing Date
Apr 16, 2024
Status
CLOSED
MLS#
24367059
Year Built
1963
Bedrooms
11
Bathrooms
10
Living Sq. Ft
6,266
Lot Size
7,376
Days on Market
0
Property Type
Multifamily
Stories
One Level

Property Description

7 units North Hollywood. Great unit mix. The property consists of 3 - 1 bedroom + 1 bath, 1 - 2 bedroom + 1 bath and 3 - 2bedroom + 2 bath units. Large units. 4 of the units are Section 8 tenants. There is 6,266 square feet of building and it sits on a 7,374 square foot lot. The property was built in 1963. Long term owner. The rents are below market with over 50% 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.

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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.