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5853 Vineland Avenue North Hollywood (los Angeles), CA 91601
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Key Details
Sold Price $2,325,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,217 sqft
Price per Sqft $551
MLS Listing ID CRGD23095355
Sold Date 07/20/23
Bedrooms 11
HOA Y/N No
Year Built 2023
Lot Size 4,998 Sqft
Acres 0.11
Property Description
Presenting 5853 Vineland Ave. a newly constructed four-unit development with a 6% Cap Rate ProForma. 5853 Vineland Ave. is made up of 2 buildings, both 2 stories, & they are all individually metered for all utilities. Four total units; with two 3 bed 3 bath units (1 with balcony & Vaulted Ceilings), one 3 bed 2 bath unit, & one 2 bed 2 bath unit. These beautifully designed units offer en-suites in 6 of the bedrooms, have Smart controlled central HVAC, recessed lighting, individual washer / dryer hook ups, Stainless Steel Appliances Installed, and 2 parking spots per unit, & electrical vehicle charging options. Motorized & Gated parking with 3 separate driveways. There is also potential for additional guest parking spaces on site. All these amenities are attractive for potential tenants. The location of these North Hollywood units makes it easy for any tenant to enjoy all the nearby hotspots such as the Arts District and the newly developed NoHo West. These units are also near public transportation, grocery stores, restaurants, and so many other large scale development projects.
Location
State CA
County Los Angeles
Area North Hollywood
Zoning LARD
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace No
Laundry Other, Inside, See Remarks
Exterior
Exterior Feature Other, See Remarks
Parking Type Other, Private, Assigned, Tandem
Total Parking Spaces 8
Building
Lot Description Other
New Construction No
Others
Tax ID 2337022002
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Bought with BrandonPeters