Description
Great investment opportunity. Huge upside in rent and the property is not under the city's rent control. The current price per square foot of ten renovated units is from $ 2.76 to $3.50, while the price per square foot of fourteen unrenovated units is from $ 1.61 to $ 2.37. All twelve upstairs units have high ceilings with a loft. The security garage has eight EV charging stations and twelve rental storage, which also have an upside in rent. The property is located in the desirous West Toluca Lake area, which is close to the shops and the restaurants, e.g., only 4 minute drive to NOHO West, and good FW access.
-
21BEDS
-
0.34ACRES
-
0BATHS
-
01/2 BATHS
-
19,473SQFT
-
$460$/SQFT
School Ratings & Info
Description
Great investment opportunity. Huge upside in rent and the property is not under the city's rent control. The current price per square foot of ten renovated units is from $ 2.76 to $3.50, while the price per square foot of fourteen unrenovated units is from $ 1.61 to $ 2.37. All twelve upstairs units have high ceilings with a loft. The security garage has eight EV charging stations and twelve rental storage, which also have an upside in rent. The property is located in the desirous West Toluca Lake area, which is close to the shops and the restaurants, e.g., only 4 minute drive to NOHO West, and good FW access.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-04T00:27:58.6. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.