11809 Hart St, North Hollywood, CA 91605
- $1,650,000
- 5
- BD
- 10
- BA
- Sold Price
- $1,650,000
- List Price
- $1,875,000
- Closing Date
- Jul 15, 2022
- MLS#
- 22-160227
- Status
- SOLD
- Type
- Multifamily
- Bedrooms
- 5
- Bathrooms
- 10
Property Description
The Hart Street Apartments are a two story multi family 10 unit building. built in 1977. The subject property has many recent capital improvements. Some major items are a new roof in 2017, copper plumbing, installation of central heating and air conditioning, replaced windows and doors, etc.... This is the first time the building has been on the market for sale since 1985. The property is well kept and easy to operate. Rents are considerably below market and offers the new owner a substantial income increase as the units turn over. Parking is on grade and in the rear of the building, parking and entry are controlled access. Low operating costs, high demand rental area and rising rents ensure the new owner/investor a stable investment for years to come. Income and expense are taken from sellers 2021 I/E statement.
Additional Information
- Year Built
- 1977
- Garage
- Driveway Gate
Mortgage Calculator
Courtesy of NAI Capital, Inc., Michael Dixon. Selling Office: .
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