10847 Morrison Street, North Hollywood, CA 91601
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Listed Price :
$4,395,000
-
Beds :
20
-
Baths :
19
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Property Size :
10,242 sqft
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Year Built :
2024
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.
Interior Features
| Bedroom Information |
| Bedrooms |
20 |
| Bathroom Information |
| Bathrooms |
19 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
10847 Morrison Street |
| City |
North Hollywood |
| State |
CA |
| Zip |
91601 |
| County |
Los Angeles |
| Listing Agent |
Michael Monempour DRE #01996829 |
| Co-Listing Agent |
Jason Matatiaho DRE #02188021 |
| Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
| List Price |
$4,395,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
10,242 |
| Lot Size |
8,396 |
| Year Built |
2024 |
Listing information courtesy of: Michael Monempour, Jason Matatiaho, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 7th, 2025 at 1:38 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
