North Hollywood, CA 91602,10860 BLIX ST
$2,430,000
$2,525,000
3.8%
Est.Price: ?

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8,542 Sqft Lot

10860 BLIX ST North Hollywood, CA 91602

Est. payment /mo
SOLD DATE : 11/30/2018

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Key Details

Sold Price $2,430,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 18342396

Year Built 1964

Lot Size 8,542 Sqft

Property 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.

Location

State CA

County Los Angeles

Area Tul - Toluca Lake

Zoning LAR3

Interior

Cooling See Remarks

Laundry See Remarks

Exterior

Parking Features Other

Building

Story 2

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Sagiv Rosano • Rosano Partners
Bought with Sagiv Rosano • Rosano Partners

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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