For more information regarding the value of a property, please contact us for a free consultation.
11133 Cumpston ST North Hollywood, CA 91601
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $3,800,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,438 sqft
Price per Sqft $450
MLS Listing ID OC21028666
Sold Date 06/25/21
HOA Y/N No
Year Built 1986
Lot Size 0.273 Acres
Acres 0.2731
Property Sub-Type Apartment
Property Description
This is a unique opportunity to purchase a 15 units (studios) apartment building located in the North Hollywood's OPPORTUNITY ZONE. Additionally, the subject was constructed in 1986 and may not be restricted by rent control guidelines by the city of Los Angeles; Still applies to California State Laws.
The subject property is well-located for multi-family development. It lies within a predominantly multi-family district, the Noho Arts District and has several major transportation corridors in close proximity.
EXCELLENT VALUE-ADD INVESTMENT IN OPPORTUNITY ZONE!
The property includes a new roof.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR4-1L
Interior
Heating Space Heater
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Detached Carport, Driveway - Combination
Fence Electric
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Amenities Available Electricity, Gas, Water, Controlled Access
View None
Roof Type Flat
Private Pool No
Building
Lot Description Cul-De-Sac, Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Security Features Automatic Gate
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.0
TERMS Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS PLEASE DO NOT DISTURB TENANTS! Submit offers subject to interior inspections along with POF and Pre-Qual letter to be able to view the property.
Read Less
Bought with Marcus & Millichap