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7716 Laurel Canyon Blvd
North Hollywood, CA 91605
DeMille Apartments · Multifamily Property For Sale
·
16 Units
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.45 AC |
| Property Type | Multifamily | Building Size | 14,979 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Zoning | LAR3 - Multi Family Dwelling | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 14,979 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.07/1,000 SF |
| Zoning | LAR3 - Multi Family Dwelling |
ABOUT 7716 LAUREL CANYON BLVD , NORTH HOLLYWOOD, CA 91605
7716 Laurel Canyon Boulevard presents a unique opportunity to capitalize on a well maintained multifamily property in one of Los Angeles’s most popular rental markets, North Hollywood. Built in 1970, the building has been maintained very well and has a quiet and secluded feel. With central AC, heating, and on-site laundry, tenants are provided with the essentials and amenities of living in a prime neighborhood. This building will provide an investor a great value-add opportunity with tremendous upside in rents upwards of 89 percent. The building consists of 16 units which include six one-bedroom units, nine two-bedroom units, and one three-bedroom unit. This is perfect for the neighborhood which is filled with a with range of professionals. The property is located on Laurel Canyon Boulevard between Keswick Street and Stagg Street and has access to 170 freeway. In addition, this property allows residents to be in proximity to shopping, dining, and entertainment offered in North Hollywood Arts District. 7716 Laurel Canyon Boulevard is truly a unique property in one of the most exciting rental markets in Los Angeles.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+2 | 9 | - | - |
| 3+2 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 2317-001-035 | Improvements Assessment | $1,256,051 |
| Land Assessment | $590,340 | Total Assessment | $1,846,391 |
PROPERTY TAXES
