North Hollywood, CA 91601,5853 Vineland Avenue
North Hollywood, CA 91601,5853 Vineland Avenue
North Hollywood, CA 91601,5853 Vineland Avenue
$2,325,000
Est. payment /mo
$2,395,000
2.9%
Est.Price: ?

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11 Beds
10 Baths
4,998 Sqft Lot
SOLD DATE : 07/20/2023

Key Details

Sold Price $2,325,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD23095355

Sold Date 07/20/23

Bedrooms 11

HOA Y/N No

Lot Size 4,998 Sqft

Property Description

Presenting 5853 Vineland Ave. a newly constructed four-unit development with a 6% Cap Rate ProForma. 5853 Vineland Ave. is made up of 2 buildings, both 2 stories, & they are all individually metered for all utilities. Four total units; with two 3 bed 3 bath units (1 with balcony & Vaulted Ceilings), one 3 bed 2 bath unit, & one 2 bed 2 bath unit. These beautifully designed units offer en-suites in 6 of the bedrooms, have Smart controlled central HVAC, recessed lighting, individual washer / dryer hook ups, Stainless Steel Appliances Installed, and 2 parking spots per unit, & electrical vehicle charging options. Motorized & Gated parking with 3 separate driveways. There is also potential for additional guest parking spaces on site. All these amenities are attractive for potential tenants. The location of these North Hollywood units makes it easy for any tenant to enjoy all the nearby hotspots such as the Arts District and the newly developed NoHo West. These units are also near public transportation, grocery stores, restaurants, and so many other large scale development projects.
Presenting 5853 Vineland Ave. a newly constructed four-unit development with a 6% Cap Rate ProForma. 5853 Vineland Ave. is made up of 2 buildings, both 2 stories, & they are all individually metered for all utilities. Four total units; with two 3 bed 3 bath units (1 with balcony & Vaulted Ceilings), one 3 bed 2 bath unit, & one 2 bed 2 bath unit. These beautifully designed units offer en-suites in 6 of the bedrooms, have Smart controlled central HVAC, recessed lighting, individual washer / dryer hook ups, Stainless Steel Appliances Installed, and 2 parking spots per unit, & electrical vehicle charging options. Motorized & Gated parking with 3 separate driveways. There is also potential for additional guest parking spaces on site. All these amenities are attractive for potential tenants. The location of these North Hollywood units makes it easy for any tenant to enjoy all the nearby hotspots such as the Arts District and the newly developed NoHo West. These units are also near public transportation, grocery stores, restaurants, and so many other large scale development projects.

Location

State CA

County Los Angeles

Area North Hollywood (91601)

Zoning Builder

Interior

Cooling Central Forced Air

Exterior

Garage Unit1:Assigned

Fence Other/Remarks

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $22

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Brett Hazard • Compass
Bought with Brandon Peters • eHomes
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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