10860 BLIX STREET, NORTH HOLLYWOOD, CA 91602

  • 7,848 sqft
  • Lot Size: 8,540 sqft
  • Built in 1964
  • MLS #18342396
For Sale $2,525,000

Description

Rosano Partners is pleased to present this opportunity to acquire an eight-unit apartment in Toluca Lake. Built in 1964, this two-story apartment is comprised of six 2Bed/1Bath and two 3Bed/2Bath units. This is a value-add deal with 52.6% upside in rents, perfect for investors in a 1031-Exchange looking for a stabilized investment with long-term upside. A brand new roof, 100% copper plumbing, and new water heater were installed in 2014. Three units have been recently remodeled with laminate floors, tiles, and kitchen cabinetry. Eight parking spots reside on the property. 2018 Average Household Income within 3 mile radius: $98k. Motivated Seller.

FACTS / FEATURES

  • Built in 1964
  • Lot Size: 8,540 sqft
  • Cooling: See Remarks

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Listing Provided by Sagiv Rosano, Rosano Partners
Based on information from California Regional Multiple Listing Service, Inc. as of December 7, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.