North Hollywood, CA 91605,11809 HART ST

$1,650,000

Est. payment /mo

$1,875,000

12.0%
Est.Price: ?

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11809 HART ST North Hollywood, CA 91605

0.25 Acres Lot

SOLD DATE : 07/15/2022

Key Details

Sold Price $1,650,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22160227

Sold Date 07/15/22

HOA Y/N No

Year Built 1977

Lot Size 0.252 Acres

Property Description

The Hart Street Apartments are a two story multi family 10 unit building. built in 1977. The subject property has many recent capital improvements. Some major items are a new roof in 2017, copper plumbing, installation of central heating and air conditioning, replaced windows and doors, etc.... This is the first time the building has been on the market for sale since 1985. The property is well kept and easy to operate. Rents are considerably below market and offers the new owner a substantial income increase as the units turn over. Parking is on grade and in the rear of the building, parking and entry are controlled access. Low operating costs, high demand rental area and rising rents ensure the new owner/investor a stable investment for years to come. Income and expense are taken from sellers 2021 I/E statement.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Total Parking Spaces 12

Building

Faces South

Story 2

New Construction No

Others

Senior Community No

Tax ID 2321007002

Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s),Window Bars

Financing Cash

Special Listing Condition Standard

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CRMLS – RECore
Listed by Michael Dixon NAI Capital, Inc.
Bought with Michael Dixon NAI Capital, Inc.
Rachael Stern Hughel

Rachael Stern Hughel

Realtor | License ID: 01218759

+1(818) 397-8177

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