$1,500,000

7,043 Sqft Lot

10863 Kling Street, North Hollywood, California 91602

Residential Income Property Type
1 Days Time On Market
1957 Year Built

Property Description

Hard to find 4 units in NoHo / Toluca Lake Neighborhood Zoned R3. Price for land value. Build up to 8 units by right, not including density bonus options. Current property consists of all one bedroom and one bath units that are fully occupied with cooperative tenants (please call broker regarding possible tenant relocation). The property is located minutes from NoHo, Universal City, Studio City, Burbank, and Hollywood which includes all the shopping, eateries, nightlife, and vibe these Cities have to offer. Super strong rental market on new construction. Please do not disturb occupants. Drive by only.

Zone: R3-1

Lot Size: 7042

Build 8 Units by right (4 under SB1482)

Basic Details

Property Type: Residential Income

Listing Type: For Sale

Listing ID: SR22256142

Price: $1,500,000

Year Built: 1957

Lot Area: 7,043 Sqft

Status: Active

Property Sub Type: Quadruplex

Features

Heating System: See Remarks

Community Features: Suburban

Parking Features: Other

Pool Expense$0

Sewer: Unknown

Address Map

State: California

County: Los Angeles

City: North Hollywood

Zipcode: 91602

Street10863 Kling Street

Floor Number0

LongitudeW119° 37' 55.4''

LatitudeN34° 9' 21.4''

MLS Addon

Office NameEd Koenig IRE

Agent NameEdgar Koenig

Association Fee$0

Building Area2,094 Sqft

CableTv Expense$0

CapRate1.75

Cumulative DOM1

DOM1

DirectionsSouth of Camarillo & West of Cahuenga

Electric Expense$0

Garage Spaces0

HighSchoolDel Sol Hs

Internet Address Display1

Internet Listing Display1

Listing TermsCash,Cash to New Loan,Submit

Lot Features: 0-1 Unit/acre

Maintenance Expense$0

MiddleOrJunior SchoolWoodbury C. W.

New Construction1

Parcel Number2421023018

Senior Community1

Special Listing Conditions: Standard

Stories Total1

Tax Annual Amount$0

ZoningLAR3

Map View

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Agent info

Alturas Realty

Isidro Nunez
View website
(323) 434-0189
isidro@alturasrealty.com

Contact Agent

Residential Income For Sale

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