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12132 Hart Street

Hollywood, CA 91605
  • $4,150,000
  • STATUS: Active
  • ON SITE: 86 Days
  • ID#: SR23172705
UPDATED: 35 min ago
$4,150,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2016
County:

School Ratings & Info

Listing Agent(s): Sofia Hirani of Coldwell Banker Exclusive (818-360-3430) and Gayane Yaffa of ()


Description

Nestled in the heart of North Hollywood, there is a 9-unit apartment complex that presents an excellent investment opportunity. Its modern design, comfortable living spaces, and contemporary amenities make it a top choice in the competitive rental market. Constructed in 2017, this property includes two 1-Bedroom/1-Bath units, one 1-Bedroom/1.5-Bath unit, and six large 2-Bedroom/2-Bath apartments. The living area spans 10,882 square feet, all situated on an 8,816-square-foot lot. These apartment units boast modern amenities that are sure to attract tenants seeking comfortable living conditions. Features include quartz countertops, laminate wood flooring, porcelain tiles, central air conditioning, and heating. Notable amenities include a laundry room, an elevator for convenience, and controlled access to the on-grade parking, which includes 15 regular parking spaces and an additional handicap space and entrance. This property is located in a densely populated rental neighborhood, providing easy access to various amenities and attractions. Its location is a standout choice in the competitive rental market, making it all the more appealing to potential tenants. Don't miss out on the chance to turn this exceptional apartment complex into your next investment- contact us today to learn more and seize this opportunity before it's too late.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T14:28:29.753. 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 The Nelson Team | American Home Realty. Licensed in the State of California, USA.
www.nelsonteamrealestate.com/homes/143411656
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12132 Hart Street Hollywood, CA 91605

  • Price: $4,150,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 35 min ago
  • ID#: SR23172705
0
Beds
0
Baths
0
½ Baths
0.2
Acres
2016
Built
Neighborhood:
NHO - North Hollywood
County:
Los Angeles
Area:
NHO - North Hollywood
Property Description
Nestled in the heart of North Hollywood, there is a 9-unit apartment complex that presents an excellent investment opportunity. Its modern design, comfortable living spaces, and contemporary amenities make it a top choice in the competitive rental market. Constructed in 2017, this property includes two 1-Bedroom/1-Bath units, one 1-Bedroom/1.5-Bath unit, and six large 2-Bedroom/2-Bath apartments. The living area spans 10,882 square feet, all situated on an 8,816-square-foot lot. These apartment units boast modern amenities that are sure to attract tenants seeking comfortable living conditions. Features include quartz countertops, laminate wood flooring, porcelain tiles, central air conditioning, and heating. Notable amenities include a laundry room, an elevator for convenience, and controlled access to the on-grade parking, which includes 15 regular parking spaces and an additional handicap space and entrance. This property is located in a densely populated rental neighborhood, providing easy access to various amenities and attractions. Its location is a standout choice in the competitive rental market, making it all the more appealing to potential tenants. Don't miss out on the chance to turn this exceptional apartment complex into your next investment- contact us today to learn more and seize this opportunity before it's too late.
Exterior Features

Entry Level 1 Lot Features 6-10 Units/Acre Sign On Property YN Yes

Property Features

Additional Parcels YN No Cap Rate 4.4 Common Interest None Current Financing Conventional Electric Expense 600 Gross Scheduled Income 268500 Insurance Expense 368 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 277 Net Operating Income 187152 Number Of Units Leased 9 Property Sub Type Multi Family Special Listing Conditions Standard Trash Expense 354 Utilities Electricity AvailableSewer ConnectedWater AvailableWater Connected Vacancy Allowance 3 Water Sewer Expense 600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T14:28:29.753. 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 The Nelson Team | American Home Realty. Licensed in the State of California, USA.
 
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The Nelson Team | American Home Realty
10 Via Del Tesoro
San Clemente CA, 92673
Listing Agent(s): Sofia Hirani of Coldwell Banker Exclusive (818-360-3430) and Gayane Yaffa of ()