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

7

Building size

4,448 sqft

Lot size

7,254 sqft

Year built

1983

Stories

2

Garage spaces

7

Pool

None

Status

Active

Days on market

40

MLS #

246977243

About this property

We are proud to represent this 7 unit property in North Hollywood. The property was constructed in 1983. Its unit mix consists of (7) 1+1 units. With a lot size of 7,252 square feet, the property has a total of 4,448 rentable square feet. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.

Location

6003 Craner Avenue

North Hollywood, Los Angeles, CA, 91606