6711 Tujunga Avenue, North Hollywood (91606)
$2,095,000
0 
0
5,311
PROPERTY DETAILS
| Address: |
view address North Hollywood, CA 91606 Map Location |
Bedrooms: | 0 |
|---|---|---|---|
| Square Feet: | 5,311 sq.ft. | Lot Size: | 0.31 acres |
| Year Built: | 1953 | Property Type: | Apartment |
| County: | Los Angeles | List Date: | 2024-03-21 |
| Listing Number: | SR24056706 | Listed By: | Hanes Investment Rlty |
| Listing Office: | [email protected] | Days on market: | 50 |
PROPERTY DESCRIPTION
The Tujunga property currently consists of thirteen multifamily units with two, one bedroom one bath units and eleven singlesindividually 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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Exterior
| Parking Spaces: | 17.00 | Slab Foundation: | Yes |
Property and Lot Details
| Level Lot: | Yes | Lot Acres: | 0.31 |
| Lot Number: | 234.00 | Lot Sqft: | 13,579.00 |
| Public Sewer: | Yes | Public Water: | Yes |
| Transaction Type: | Sale | Year Built: | 1953 |
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.
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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.
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