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Mike And Mary Jafarkhani

[email protected] +1(949) 533-5040

$ 1,200,000

Est. payment -/mo

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Active Under Contract

12800 Oxnard ST North Hollywood, CA 91606

3,240 SqFt

UPDATED:

09/30/2024 05:57 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,240 sqft

Price per Sqft $370

MLS Listing ID SR24186225

HOA Y/N No

Year Built 1959

Lot Size 7,135 Sqft

Acres 0.1638

Lot Dimensions Public Records

Property Description

Discover this outstanding investment opportunity in the heart of North Hollywood, the property features three spacious 2-bedroom, 2-bathroom homes. Each unit is thoughtfully designed with vaulted ceilings that create a sense of openness and light. The expansive living rooms offer ample space for entertainment, while the spacious kitchens feature dedicated dining areas. Every unit also boosts 2 ensuite bedrooms. Two of the units are currently rented, providing instant cash flow, while the third unit is vacant and ready for new occupants or can serve as an opportunity for immediate rental income. Strategically situated, this triplex is just minutes from major freeways, including the 101 and 170, ensuring seamless connectivity to downtown Los Angeles and the wider Southern California area. The property benefits from its proximity to key educational institutions such as Los Angeles Valley College. The vibrant NoHo Arts District is a short distance away, providing an eclectic mix of theaters, art galleries, and diverse dining options, making it a lively and culturally rich neighborhood. Entertainment enthusiasts will appreciate the close proximity to the attractions such as Hollywood and Universal Studios. Residents of this triplex will enjoy easy access to a variety of shopping and dining experiences, including North Hollywood Plaza and the bustling Magnolia Boulevard. The property is also well-served by public transportation, with major bus routes and the North Hollywood Metro Station nearby, enhancing convenience for tenants. This triplex offers a compelling investment opportunity in a sought-after area with strong rental demand and promising growth potential.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Rooms

Ensuite Laundry Common Area

Interior

Interior Features Ceiling Fan(s), All Bedrooms Down, Primary Suite

Laundry Location Common Area

Cooling Central Air

Flooring See Remarks, Tile, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Gas Oven, Microwave, Refrigerator

Laundry Common Area

Exterior

Garage Attached Carport, Assigned, On Site, Paved, Private, See Remarks

Carport Spaces 3

Fence See Remarks, Wood

Pool None

Community Features Biking, Dog Park, Storm Drain(s), Street Lights, Sidewalks, Urban, Park

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, See Remarks

View Y/N Yes

View Neighborhood

Roof Type Shingle,See Remarks

Accessibility See Remarks

Parking Type Attached Carport, Assigned, On Site, Paved, Private, See Remarks

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre, Lawn, Near Park, Near Public Transit, Paved, Walkstreet, Yard

Faces East

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style See Remarks

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2341006013

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard, Trust

Listed by Renita Asatourian • Coldwell Banker Exclusive • 818-405-6786

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

Mike And Mary Jafarkhani

12800 Oxnard ST North Hollywood, CA 91606

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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12800 Oxnard ST