11579 Riverside Drive

  • North Hollywood

  • $1,100,000

Home sold on Friday, January 19, 2018. For available homes, view Similar Homes or Search Properties.

Residential Income Details

Presenting a 4 unit residential income property opportunity in prime Valley Village! This well located quadruplex features four 2 + 1 Units with 3,894 total square feet of living space on a 6,499 square foot lot Zoned LAR3. Each unit boasts charming original details, front and back entrances, and spacious interiors. Each unit has individual meters for gas and electric, and one covered parking space. This value-add property is very solid at: $4,174/month; $50,088/year. At the $849,000 asking price, the property is: $212,500/Unit; a 16.97 current GRM; a 3.61% current CAP; and $218/SF. Perfect for long term investors. Walking distance to Valley Village, NoHo Arts District, restaurants, schools, shops and the Metro Rail.
MLS #17293076
Number of Units4
Sale TypeStandard
Listing BrokerageKeller Williams Larchmont
Listing AgentJohn Barrentine
Listing Agent BRE #01207185
Co-Listing AgentJoe Myers
Co-Listing Agent BRE #01876220
CoolingWall Window
AreaNHO - North Hollywood
Address11579 Riverside Drive
CityNorth Hollywood
CountyLos Angeles


We ensure your contact information is kept secure.

Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, January 23, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.