Residential Income Details
Developer’s dream. Huge upside potential to Build 13 units on this lot. 11,250 square foot lot Zoned R3! Earn income while going through the planning stages. Six units – excellent unit mix. Great income. $469 per square foot on existing and $177 per square foot for land. Also ideal for owner user who want to live in a nice house and have the income from the 5 units pay the mortgage.
Located in the heart of the booming NOHO District! House is a 2 bedroom, 2 3/4 bath with large living room, family room, dining and covered patio. Dining room can easily convert to a third bedroom. Dual fireplaces, recessed lighting, hardwood oak floors, central air and heat. Covered back patio and traditional front porch. Gated drive leads to the apartments behind the house. Perfect for an on site landlord! Very close to Metro line, Burbank and Glendale Malls, 101, 134 and 170 freeways. Covered parking. Most units are occupied with long term tenants.
|Number of Units||6|
|Listing Brokerage||ROBERT RAY GRAVES|
|Listing Agent||ROBERT GRAVES|
|Listing Agent BRE #||01270029|
|Features||Ceiling Fan,Copper Plumbing Partial,Recessed Lighting,Tile Counters|
|Heating||Central Furnace,Wall Heater,Fireplace|
|Fireplace||Family Room,Living Room,Two Way|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, September 24, 2018.
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