Homes for sale - 10847 Morrison ST, North Hollywood, CA 91601

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Debra Greco

grecohomesre@gmail.com +1(562) 508-7000

$ 4,395,000

Est. payment | -/mo

20 Beds

19 Baths

10,242 SqFt

Save

$ 4,395,000

Est. payment | -/mo

Save

20 Beds

19 Baths

10,242 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 10,242 sqft

Price per Sqft $429

MLS Listing ID 25476963

Bedrooms 20

HOA Y/N No

Year Built 2024

Lot Size 8,394 Sqft

Property Description

The offering is a Brand New 2024 Townhome Style Apartment Building situated in the heart of North Hollywood Arts District adjacent to Toluca Lake. Built with a Senate Bill 8 Exemption this property is NOT subject to Radical Los Angeles Rent Control. The property consists of 5 Units + 1 Efficiency Unit for a total of 10,242 SF on a large 8,394 Lot. There is an excellent unit mix consisting of Four 4 Bedroom / 4 Bedroom units with Private Rooftop Decks and Private Garages, One 2 Bedroom / 2 Bathroom ADU with a private back yard and One 2 Bedroom / 1 Bathroom Efficiency Unit. All units contain in Unit Washer & Dryer, Hardwood Floors, Stainless Steel Appliances and Recess Lighting. Listed at only $4,395,000 this Turnkey Offering provides a Savvy Investor an immediate 5.92% CAP RATE in a prime Location! Built with Class and Elegance by one of the top Townhome Developers in Los Angeles with high end Finishes. Situated South of Magnolia Blvd and East of Vineland, the Offering is Located in a Quiet Residential Neighborhood adjacent the live Action of North Hollywood Arts District, and the Prestige of Toluca Lake.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer

Exterior

Garage Spaces 8.0

Garage Description 8.0

Attached Garage Yes

Total Parking Spaces 10

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 2419005017

Special Listing Condition Standard

Listed by Michael Monempour • Lyon Stahl Investment Real Estate, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 508-7000

grecohomesre@gmail.com

5280 E 2nd St, Long Beach, CA, 90803, USA

10847 Morrison ST North Hollywood, CA 91601