$1,499,000
About this home
Rare Multi-Unit Opportunity in Prime North Hollywood Location~ Well located four-unit apartment building with a separate single family residence on same lot in the heart of North Hollywood. This unique property offers a strong unit mix and excellent upside potential, making it ideal for investors or owner-users seeking multiple income streams. The apartment building consists of four units with solid rental history and value-add potential. The detached single-family residence provides flexibility for additional income, owner occupancy, or future repositioning. Several units are currently rented below market value, presenting an opportunity to increase cash flow over time. Conveniently located near 101, 134, and 170 , the property offers excellent commuter access throughout Los Angeles, including Hollywood, Studio City,Burbank, and downtown LA. Tenants benefit from proximity to shopping, dining, entertainment and major employment hubs. This is a compelling opportunity to acquire a mixed-use residential asset in a high-demand rental market with long-term appreciation potential.
Facts & features
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Laundry
- Common Area
- Lot size
- 0.187 acres (8,142 sq ft)
- Pool
- None
- Year built
- 1941
- Area
- NHO - North Hollywood
- County
- Los Angeles
- Community features
- Suburban
- Status
- Active
- Property type
- Apartment
- Days on market
- 139
- Listed
- 2026-02-25
- Original price
- $1,185,000
- Terms
- Exchange 1031
- Parcel #
- 2321011034
- MLS #
- IG26042388
