6730 Vineland Avenue

    North Hollywood, CA 91606
    • $2,395,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: 20566750
    UPDATED: 199 min ago
    $2,395,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    The property includes two separate structures: a two-story, eight-unit building in front of a single-story duplex, built in 1966 and 1950, respectively. The rear duplex contains a pair of three bedroom units, averaging well over 1,000 square feet each. There are 14 open parking spaces within the gated property, and the building is not on the LADBS seismic retrofit list (Buyer to verify).The building contains full copper plumbing with some sections further upgraded to PEX piping. Many units have been remodeled with wood laminate flooring, granite countertops, and upgraded cabinets. Several apartments feature high ceilings and walk-in closets within their split-level floorplans. An on-site laundry room provides an additional income stream to the investor.Tenants are within easy walking distance of Target, Starbucks, and CVS, which are located just two blocks away at the corner of Vineland Avenue and Victory Boulevard. The Victory Vineland Recreation Center and Park.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-09T00:31:00.78. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/104519949

    6730 Vineland Avenue North Hollywood, CA 91606

    • Price: $2,395,000
    • Status: Active
    • Updated: 199 min ago
    • ID#: 20566750
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    1950
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    The property includes two separate structures: a two-story, eight-unit building in front of a single-story duplex, built in 1966 and 1950, respectively. The rear duplex contains a pair of three bedroom units, averaging well over 1,000 square feet each. There are 14 open parking spaces within the gated property, and the building is not on the LADBS seismic retrofit list (Buyer to verify).The building contains full copper plumbing with some sections further upgraded to PEX piping. Many units have been remodeled with wood laminate flooring, granite countertops, and upgraded cabinets. Several apartments feature high ceilings and walk-in closets within their split-level floorplans. An on-site laundry room provides an additional income stream to the investor.Tenants are within easy walking distance of Target, Starbucks, and CVS, which are located just two blocks away at the corner of Vineland Avenue and Victory Boulevard. The Victory Vineland Recreation Center and Park.
    Exterior Features

    Lot Size Source Estimated Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Property Features

    Gross Income 166852.00 Gross Multiplier 13.64 Gross Operating Income 174156.00 Net Operating Income 98122.00 Senior Community YN No Special Listing Conditions Standard Zoning Lar3

    Listing provided courtesy of Roderick 'Rick' Raymundo of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-09T00:31:00.78. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731
    fbq('track', 'Search', { content_type: 'home_listing', // REQUIRED: DO NOT change this, must be set to 'home_listing' content_ids: ['1234', '2345', '3456', '4567'], // Top search results city: 'New York City', //Required for Search event region: 'New York', // region is the state for the US. Required for Search event country: 'US', //Required for Search event } );