7217 Lemp Avenue
7217 Lemp Avenue North Hollywood, California 91605 United States

$1,375,000
 Get directions
 
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...

First Class Real Estate

Listing Courtesy of First Class Real Estate
$1,375,000
Change Currency
.15 Acres
Exterior
Residential Income
Property type
1958
Year Built
SR21181805
Web Id
SR21181805
MLS ID
Los Angeles Unified
School District
37
days ago

About 7217 Lemp Avenue

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 ones 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!

Listing Courtesy of Natali Toth, First Class Real Estate, 01982061, Active

features

cooling
Propane Heating
Style
Traditional

PROPERTY INFORMATION

Appliances
Dryer, Washer
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace
Parking Description
Covered, Detached Carport
Sewer
Public Sewer
View
Neighborhood
Water
Public

EXTERIOR

Construction
Stucco
Lot Description
Desert Front

ADDITIONAL INFORMATION

Number of Units
6

7217 Lemp Avenue, North Hollywood, California 91605 United States is a Residential Income for Sale for $1,375,000. Was built in 1958,  on a lot of .15 Acres ( m2) and it's composed from .


Listing Courtesy of First Class Real Estate

First Class Real Estate

Listing Courtesy of First Class Real Estate
Contact Agent

Based on information from CRISNet MLS as of at the data was obtained. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.