Skip To Content

    6516 Vineland Ave

    North Hollywood, CA 91606
    • $8,400,000
    • STATUS: Active
    • ON SITE: 105 days
    • ID#: 21-718668
    UPDATED: 47 min ago
    $8,400,000
    • 44
      BEDS
    • 68
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 23,399
      SQFT
    • $359
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2021
    County:

    School Ratings & Info

    Description

    QOZ. Construction Finalized Awaiting the C of O. 14 large townhome style units constructed in 2021 and located in North Hollywood, California. The buildings are comprised of 7 separate duplex structures featuring a unit mix of (8) 3 bedroom 3.5 bathroom Townhomes and (2) 4 bedroom/4 bathroom Townhomes. The large Townhomes feature high end finishes such as wood laminate flooring, designer tile backsplashes and stainless steel appliances. Each unit also features a two parking spaces, central heat and air-conditioning, washer/dryer, dishwasher and garbage disposal. The property is located in an Opportunity Zone with Potential Tax Benefits if the property is held for a period of 7-10 years. The Seller may be able to deliver the property prior to the lease up in order for the buyer to take advantage of the possible Opportunity Zone tax benefits (consult your tax professional, Broker makes no claims).

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-28T11:42:36.5. 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/116073473
    Print Image

    6516 Vineland Ave North Hollywood, CA 91606

    • Price: $8,400,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 21-718668
    44
    Beds
    0
    Baths
    0
    ½ Baths
    68
    Acres
    23,399
    SQFT
    $359
    $/SQFT
    2021
    Built
    Neighborhood:
    North Hollywood
    County:
    Los Angeles
    Area:
    North Hollywood
    Property Description
    QOZ. Construction Finalized Awaiting the C of O. 14 large townhome style units constructed in 2021 and located in North Hollywood, California. The buildings are comprised of 7 separate duplex structures featuring a unit mix of (8) 3 bedroom 3.5 bathroom Townhomes and (2) 4 bedroom/4 bathroom Townhomes. The large Townhomes feature high end finishes such as wood laminate flooring, designer tile backsplashes and stainless steel appliances. Each unit also features a two parking spaces, central heat and air-conditioning, washer/dryer, dishwasher and garbage disposal. The property is located in an Opportunity Zone with Potential Tax Benefits if the property is held for a period of 7-10 years. The Seller may be able to deliver the property prior to the lease up in order for the buyer to take advantage of the possible Opportunity Zone tax benefits (consult your tax professional, Broker makes no claims).
    Exterior Features

    Building Type Attached Covered Parking 28 Lot Size Area 29401 Other Structures None Parking Garage Attached Total Parking 28

    Interior Features

    Baths Total 56.00 Common Walls Attached Cooling Other Equipment Other Heating Other

    Property Features

    Gross Income 595968 Gross Operating Income 595968 Like Units1 12 Like Units2 2 Net Operating Income 469799.00 Number Of Buildings 7 Number Of Units 14 Sale Type Standard Source Living Area Builder Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 126169 Type Of Units Residential Water Heaters YN Yes Year Built Source Builder Zoning Lard2

    Listing provided courtesy of Jon Emrani DRE#01427038 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-28T11:42:36.5. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-718668-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-718668-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-718668-2.jpg
    Logo
    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583