North Hollywood, CA 91605,7217 Lemp AVE
North Hollywood, CA 91605,7217 Lemp AVE
North Hollywood, CA 91605,7217 Lemp AVE
8
Listed by Natali Toth • First Class Real Estate
Bought with Carlos Estrada
$1,310,000
$1,375,000
4.7%
Est.Price: ?

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6,632 Sqft Lot

7217 Lemp AVE North Hollywood, CA 91605

Est. payment /mo
SOLD DATE : 11/30/2021

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Key Details

Sold Price $1,310,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CNSR21181805

Sold Date 11/30/21

Style Traditional

Year Built 1958

Lot Size 6,632 Sqft

Source CRISNet

Property Description

BACK ON MARKET! MUST SEE! Great investment property in North Hollywood! This 4,348 SqFt building is comprised of six (6) units with a total of 11 bedrooms - FIVE (2) bed / (1) bath units, and ONE (1) bed / (1) bath unit! Presently, five of the units have current long-term tenants on month-to-month leases and one unit is vacant and has been completely remodeled, perfect for the next owner/user or for the new owner to pick a tenant of their choice at market rent! New owner may increase rents as desired, in line with LA Rent Control. Included on the property is a 6-car carport in the rear of the building for tenants' use, as well as a community laundry room. Owner covers the cost of water and maintenance of the grounds. Tenants cover their own utility and cable bills. Poised in the heart of North Hollywood, this property is a desirable asset to add to one's portfolio! Located nearby local restaurants, markets, establishments, public transportation and so much more! This building has a LOT of potential! The perfect opportunity for an investment in a high-demand area! PLEASE DO NOT DISTURB TENANTS!

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Community Facility, Dryer, In Laundry Room, Washer

Exterior

Parking Features Detached Garage, Covered Parking

Garage Spaces 6.0

Pool None, 31

View Local/Neighborhood

Roof Type Composition,Shingle

Building

Story One Story

Water District - Public

Architectural Style Traditional

Others

Tax ID 2316030028

Special Listing Condition Not Applicable

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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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