Apartments, Pacific West Region

Property Description

North Hollywood its on Sherman Way:

This is good property to purchase and consider reselling later with some upgrades. .The average selling price now is 1.43M, per condo 238,333.00. Later mean you could get more, since the market is down now. The current cap rate is 5.76%

Ideal bread and butter units. All 2bdr/1ba. All rented/never vacant. Ideal for investors or owner occupant. Drive by only. Do not contact Occupants. I do not have picture of this listing, cross streets Vineland and Lankershim.

6 Units
Unit mix2bd/1ba
100% occupancy
In good employment area
4900 bldg size
8,838 lot size
asking price $750,000
NOI 43,200


MARKET ANALYSIS Median Units 6
Average Unit mix2bd/1ba
Average Building size9,040
Average lot size10,890
Median selling price750,000-4,550,000/unit
Median Value1,430,000.
Median age44 years

Images

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