MLS Search


Listing ID 19513176
Price$2,350,000
SqFt 5,831
Acres 0.160
Status Pending
County Los Angeles
Year Built 1957
Property Type Rental Income
We are pleased to present this 8 unit multifamily property located in an ideal NoHo Arts District location, just outside of Toluca Lake. Situated on the corner of Tujunga Ave and Huston St, just north of Camarillo st, this property has a total square footage of 5,831 Sq.Ft., and it sits on a lot size of 6,972 Sq.Ft (0.16 Acres).Built in 1957, the property boasts an excellent unit mix of four 1-bed/1-bath units and four 2-bed/1-bath units. Furthermore, the property has had two recent vacancies, which will be kept vacant for the sale, allowing the perfect opportunity for an owner user, or simply for an investor to achieve full market rents right away on two of the eight units.This investment allows for the opportunity to add value, with an estimated rental upside of 38%. Also, with current interest rates around 3.85%, a buyer can expect to receive a 60% loan to value, which would mean a down payment of around $940,000.
Listing courtesy of Filip Niculete (01905352) from Marcus & Millichap.
Based on information from CARETS as of Wednesday, November 20th, 2019 09:06:41 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CARETS. 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.

Contact - Listing ID 19513176

Brett Lawyer

250 N Canon Drive
Beverly Hills, CA 90210
Phone: 3108585402

Data services provided by IDX Broker
Category:
Tags:
{"page":"listing","idxID":"a002","listingID":"19513176","extra":"4904-TUJUNGA-Avenue","type":"detailsContact"}
https://www.brettlawyer.com
details.php
https://search.brettlawyer.com
details