What a great investment opportunity? Well, this 8 unit apartment building is a good prospect and investment to add to your portfolio. Located in prime North Hollywood, Mid Century in style, this 60s built complex could use some TLC and modern renovations to bring it back to life. Opportunities like this don't come along that often. It is well priced, is a sound investment for the future. Come, see it for yourself.

Covered Parking 2 Lot Description Resident ManagerNo LandscapingSingle LotUtilities - Overhead Lot Location City Lot Size Area 8178 Other Structures None Parking Garage Covered Parking Pool Description None Pool YN No Spa None Spa YN No Total Parking 6

Baths Total 10.00 Cooling Wall Unit(S) Equipment Garbage DisposalCable Fireplace Rooms None Heating Wall Gas Water Heater Features Central Water HeaterGas

Alley YN No Assessed Total Value 409247 Electric Expense 5000.00 Gardener Expense 780.00 Gross Income 9235 Gross Operating Income 109128 Insurance Expense 3115.00 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Monthly Gross Income 9235.00 Net Operating Income 90277.00 Number Of Buildings 8 Number Of Units 8 Owner Pays GasWaterGardenerElectricityOther Property Condition Fixer Rent Control YN Yes Sale Type Standard Security Features Resident Manager Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tax Total 6000.00 Tenant Pays Cable TvElectricityGas Total Annual Expense 18851.97 Trash Expense 4701.00 Type Of Units Apartments Water District Water Expense 5000.00 Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Michael Mersola DRE#01503186 of Keller Williams Realty Los Feliz.

Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-20T08:42:22.427. 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.

11763 Hamlin St

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11763 Hamlin St North Hollywood, CA 91606

Property Description

Covered Parking	2
Lot Description	Resident Manager No Landscaping Single Lot Utilities - Overhead
Lot Location	City
Lot Size Area	8178
Other Structures	None
Parking Garage	Covered Parking
Pool Description	None
Pool YN	No
Spa	None
Spa YN	No
Total Parking	6

Baths Total	10.00
Cooling	Wall Unit(S)
Equipment	Garbage Disposal Cable
Fireplace Rooms	None
Heating	Wall Gas
Water Heater Features	Central Water Heater Gas

Alley YN	No
Assessed Total Value	409247
Electric Expense	5000.00
Gardener Expense	780.00
Gross Income	9235
Gross Operating Income	109128
Insurance Expense	3115.00
Land Lease Type	Fee
Like Units1	1
Like Units2	2
Like Units3	3
Like Units4	4
Like Units5	5
Like Units6	6
Monthly Gross Income	9235.00
Net Operating Income	90277.00
Number Of Buildings	8
Number Of Units	8
Owner Pays	Gas Water Gardener Electricity Other
Property Condition	Fixer
Rent Control YN	Yes
Sale Type	Standard
Security Features	Resident Manager
Sewer	In Street
Source Living Area	Vendor Enhanced
Source Lot Size Area	Vendor Enhanced
Tax Total	6000.00
Tenant Pays	Cable Tv Electricity Gas
Total Annual Expense	18851.97
Trash Expense	4701.00
Type Of Units	Apartments
Water	District
Water Expense	5000.00
Year Built Source	Vendor Enhanced
Zoning	Lard1.5