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SoldDec 2, 2022Residential Income
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11843 Hamlin Street

North Hollywood, CA 91606
Beds0
Baths0
Square Ft.6,978
$1,750,000
Listed for $2,000,000 · Sold Dec 2, 2022
Listing provided by Warren Tardif, Amalgamated Concepts Inc

Located in TRENDY NORTH HOLLYWOOD, just blocks from the 170 Freeway and NoHo Arts District, this 8-unit apartment building offers a multitude of development and commercial opportunities. Below-market rents present an OPPORTUNITY for an enterprising investor looking for an income property with considerable upside… potential. The building was RETROFITTED IN 2019 in accordance with the City of Los Angeles Ordinance 183893 and is compliant with all earthquake structural improvements. UPGRADES: Full double-pane window replacement done in 2020. New roof replaced in 2015. Plumbing replaced to copper in 2021. All units have been remodeled to include laminate floors and some units have upgraded bathrooms and kitchens. Building has been METICULOUSLY MAINTAINED providing the new owner with minimal deferred maintenance. Building is a PRIME CANDIDATE for ADU development, which could turn this building into a 10-12 plex. PRIME LOCATION in the up-and-coming NoHo Arts District with close access to the 170 and 101 Freeways as well as major retailers like Trader Joe's, Home Depot, Costco and top entertainment venues. BLOCKS from the NoHo West Shopping Development and the North Hollywood Recreation Development.

Listing Snapshot
Days online236
Last updatedDec 2, 2022
Property typeResidential Income
Beds0
Full baths0
Square ft.6,978
Lot size0.21 Acres
Year built1962
MLS numberBB-22071511

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