Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

6

Building size

6,462 sqft

Lot size

7,745 sqft

Year built

2024

Stories

3

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

155

MLS #

240988763

About this property

Excellent investment opportunity featuring six units with immediate rental income. This newly constructed property consists of three duplex-style, three-story buildings, thoughtfully designed for modern living and strong tenant appeal. The unit mix includes (1) 4-bedroom/4-bathroom unit, (1) 2-bedroom/2-bathroom unit, and (4) 3-bedroom/2-bathroom units. Each residence offers a contemporary open-concept layout with spacious living areas, large windows that provide abundant natural light, and durable waterproof vinyl flooring throughout. All units are equipped with a stove, microwave, refrigerator, in-unit washer and dryer, and central air conditioning. The gated property features ample on-site parking, providing both security and convenience. Each unit is individually metered for gas, water, and electricity, ensuring ease of management and expense control. Ideally located in the highly desirable North Hollywood area, the property is in close proximity to shopping, dining, and entertainment options. With strong rental demand in this prime location, this turnkey, low-maintenance asset presents an excellent opportunity for investors seeking stable and consistent cash flow. All information deemed reliable but not guaranteed

Location

11451 W Victory Boulevard

North Hollywood, Los Angeles, CA, 91606