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10841 Hortense St

North Hollywood, CA 91602
  • $1,695,000
  • STATUS: Active Under Contract
  • ON SITE: 29 days
  • ID#: 21-745892
Under Contract
$1,695,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,530
    SQFT
  • $480
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Description

Well kept, low-maintenance, 4-unit residential building in the highly desirable Toluca Lake/NoHo District! All units are 2 bedrooms and 1 bath. One of the units was extensively remodeled a few years ago, and has a kitchen with island and its own washer & dryer. Each unit is separately metered for electricity and gas. Landlord pays for water & sewer. Great current income with upside potential. Subject property is subject to the City of Los Angeles rent control. Located off I-101 on Lankershim Blvd and Hortense St, in between North Hollywood and Toluca Lake. Near several trendy boutiques, fine dining, public transportation & freeways. Potential ADU development over the detached garages in the back. Property is being sold AS IS and WHERE IS with current tenants in place. Buyer to conduct their own investigations. The deadline to submit offers is by 5:00pm on Wednesday, July 14th, 2021.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-23T23:42:45.767. 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.
www.brandiprattrealestate.com/homes/118697630
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10841 Hortense St North Hollywood, CA 91602

  • Price: $1,695,000
  • Status: Active Under Contract
  • ID#: 21-745892
8
Beds
0
Baths
0
½ Baths
0.14
Acres
3,530
SQFT
$480
$/SQFT
1964
Built
Neighborhood:
North Hollywood
County:
Los Angeles
Area:
North Hollywood
Property Description
Well kept, low-maintenance, 4-unit residential building in the highly desirable Toluca Lake/NoHo District! All units are 2 bedrooms and 1 bath. One of the units was extensively remodeled a few years ago, and has a kitchen with island and its own washer & dryer. Each unit is separately metered for electricity and gas. Landlord pays for water & sewer. Great current income with upside potential. Subject property is subject to the City of Los Angeles rent control. Located off I-101 on Lankershim Blvd and Hortense St, in between North Hollywood and Toluca Lake. Near several trendy boutiques, fine dining, public transportation & freeways. Potential ADU development over the detached garages in the back. Property is being sold AS IS and WHERE IS with current tenants in place. Buyer to conduct their own investigations. The deadline to submit offers is by 5:00pm on Wednesday, July 14th, 2021.
Exterior Features

Building Type Detached Direction Faces South Garage Structures Total 1 Lot Description Single Lot Lot Location City Lot Size Area 5818 Other Structures Other Parking Garage Garage Is DetachedDetachedGarage - 4+ Car Patio Features None Pool Description None Pool YN No Spa None Spa YN No Style Low Rise Tennis Court None Tennis YN No Total Parking 4 View Description Walk Street View YN Yes

Interior Features

Bathroom Features Shower Over TubTile Baths Total 4.00 Common Walls Detached/No Common Walls Cooling Wall Unit(S)Ceiling Fan Den No Dining Room No Equipment OtherCeiling Fan Family Room No Fireplace Rooms None Flooring TileVinylLaminate Heating Wall Rooms Dining AreaLiving Room Windows Window BlindsVertical Blinds

Property Features

Assessed Total Value 1124853 Gross Income 102766 Gross Operating Income 102766 Like Units1 4 Net Operating Income 68194.00 Number Of Buildings 1 Number Of Units 4 Owner Pays WaterOther Property Condition Additions/AlterUpdated/Remodeled Sale Type Standard Security Features Smoke DetectorCarbon Monoxide Detector(S)Fire Sprinklers Sewer In Street Paid Source Living Area Assessor Source Lot Size Area Gis Calculated Tenant Pays ElectricityGasTrash Collection Total Annual Expense 29433 Type Of Units Apartments Water In StreetPaidDistrict Year Built Source Assessor Zoning Lar3

Listing provided courtesy of Vineendra Jain DRE#01413466 of Ingenious Asset Group, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-23T23:42:45.767. 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.
 
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eXp Realty of California, Inc.
2603 Camino Ramon, Suite 200
San Ramon CA, 94583