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Key Details
Sold Price $1,550,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23179636
Sold Date 01/19/24
HOA Y/N No
Year Built 1963
Lot Size 7,000 Sqft
Property Description
We are proud to represent this 7-unit apartment building in North Hollywood.
Its unit mix consists of (1) studio and (6) 2+1.5 units. With a lot size of 7,000 square feet, the property has a total of 5,243 rentable square feet.
North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.
The property is separately metered for gas and electricity.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Suburban, Urban, Valley
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2417003020
Acceptable Financing Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Listing Terms Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Cindy Hill • Equity Union