6711 Tujunga Avenue,  North Hollywood  (91606)

$2,095,000

0 bedrooms 0   0 bathrooms 0   5311 square feet 5,311
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Listed By: Braemon Hanes of Hanes Investment Rlty

PROPERTY DETAILS

Address: view address
North Hollywood, CA 91606
Map Location
Features: Multi-level
Square Feet:5,311 sq.ft.Lot Size:13579.0
Year Built:1953Property Type:Apartment
County:Los AngelesList Date:2024-03-20
Listing Number:SR24056706Listing Office:[email protected]

PROPERTY DESCRIPTION

The Tujunga property currently consists of thirteen multifamily units with two, one bedroom one bath units and eleven singles individually metered for electric. The property is professionally maintained and the square footage of the combined, individual parcels gives the property an excellent potential for redevelopment. The rent survey conducted for this property indicates significant upside upon the relaxation of Covid restrictions by both the City and County of Los Angeles. Rents have not been increased for some time and the rent increase freeze may be lifted early2024. With upgrades, Tujunga Apartments could achieve rent levels commensurate with those properties surveyed. It is also important to note that the comparables chosen are low to mid-range at the time of publication and, depending on the improvements contemplated by the investor, actual rent targets could be higher.

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Interior

Features

Laundry Features:Common AreaLaundry:Yes

Exterior

Exterior and Lot

Foundation details:Slab

Pool and Spa

Pool Features:None

Parking

Parking features:Asphalt, Assigned

Property and Lot Details

Other

Sewer:Public Sewer

Fee

Special Listing Conditions:Standard

Building Information

Year Built:1953Levels:One
Stories:1

Lot

Lot Dimensions:13579.0

Construction

Building Area total:5311.0

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Braemon Hanes of Hanes Investment Rlty