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

Bedrooms

4

Building size

2,794 sqft

Lot size

6,501 sqft

Year built

1951

Stories

0

Heating

Wall Furnace

Cooling

Wall/Window Unit(s),Heat Pump

Status

Active

Days on market

104

MLS #

244340955

About this property

Charming extremely well kept 4 plex in prime Valley Village/ West Toluca Lake at Riverside and Colfax near Tujunga Village . Four large one bedroom units with ample parking and manicured private front yard. 3 of the units are updated with all new finishes ( please see pictures ) and all the systems are in great shape. One tenant is a legacy tenant paying $1,150 per month. Positioned just north of Ventura Boulevard, the property benefits from immediate proximity to Studio City's premier dining, retail, and lifestyle amenities. The area draws a stable, high-quality tenant base of entertainment professionals, young creatives, executives, and longterm residents seeking the neighborhood's blend of walkability, safety, and convenience. The asset also offers rapid access to the 101 Freeway, connecting tenants to major employment hubsincluding Hollywood, Burbank, Universal City, and the broader San Fernando Valley

Location

11591 Riverside Drive

North Hollywood, Los Angeles, CA, 91602