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$1,879,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25265679
HOA Y/N No
Year Built 1948
Annual Tax Amount $21,000
Property Sub-Type Mixed Use
Property Description
Exceptional Mixed-Use Investment Opportunity in the Heart of NOHO / Studio City/ Toluca Lake
Welcome to a rare offering in one of the Valley's most vibrant and high-demand neighborhoods. This well-maintained mixed-use building features four residential 1Bed/1Bath units, each thoughtfully designed with an in-unit washer and dryer, providing strong rental appeal and steady occupancy. Complementing the residential portion are two ground-floor retail spaces, with established long-term commercial tenants. With a 6.1% CAP rate and a 12.9 GRM, this property delivers both solid cash flow and future upside in a rapidly growing area surrounded by dining, entertainment, and transit. Whether you're an investor seeking immediate income, long-term appreciation, or a flagship property in a prime location, this North Hollywood/Studio City asset is a standout opportunity.
Welcome to a rare offering in one of the Valley's most vibrant and high-demand neighborhoods. This well-maintained mixed-use building features four residential 1Bed/1Bath units, each thoughtfully designed with an in-unit washer and dryer, providing strong rental appeal and steady occupancy. Complementing the residential portion are two ground-floor retail spaces, with established long-term commercial tenants. With a 6.1% CAP rate and a 12.9 GRM, this property delivers both solid cash flow and future upside in a rapidly growing area surrounded by dining, entertainment, and transit. Whether you're an investor seeking immediate income, long-term appreciation, or a flagship property in a prime location, this North Hollywood/Studio City asset is a standout opportunity.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAC2
Interior
Fireplace No
Laundry Inside
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 2421014007
Special Listing Condition Standard
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Listed by Amalia Khachikian Berkshire Hathaway HomeServices California Properties 818-281-8407
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