11649 Burbank Blvd, North Hollywood, CA 91601

1 Unit Apartment Building Offered at $985,000 at a 1.32% Cap Rate in North Hollywood, CA 91601

Asking Price $985,000

Property Type
Multifamily
Square Feet
1,094 SF

Listing Contacts

Cindy Hill

Property Overview

Equity Union Commercial is proud to represent this single family resident in North Hollywood.
Its unit mix consists of (1) 2+1 unit. With a lot size of 6,548 square feet, the property has a total of 1,094 rentable square feet.
North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.

Property Details

Year Built
1938
Stories
1
Lot Size (sq. ft)
6,534 SF
Units
1

Highlights

  • Rare R3 lot with single family home
  • Lot size is 6,548
  • Existing home is 2 bedroom one bath and 1094 square feet
  • Can be sold together with 11655 Burbank Blvd
  • Excellent North Hollywood rental pocket adjacent to Valley Village

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