$ 4,600,000
10847 Morrison ST North Hollywood, CA 91601
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$ 4,600,000
Est. payment /mo
Price Dropped by $195K
10847 Morrison ST North Hollywood, CA 91601
20 Beds
19 Baths
10,242 SqFt
UPDATED:
11/20/2024 11:19 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,242 sqft
Price per Sqft $449
MLS Listing ID 24439427
Bedrooms 20
HOA Y/N No
Year Built 2024
Lot Size 7,914 Sqft
Property Description
This property offers a diverse unit mix, featuring six units that include five standard units and an Additional Dwelling Unit (ADU). Designed to maximize rental potential, the modern layout provides flexibility for a variety of tenants and living arrangements. Constructed with brand-new materials, the property boasts contemporary finishes, energy-efficient features, and minimal maintenance requirements, making it both appealing to tenants and cost-effective for owners. Located in the vibrant North Hollywood area, it benefits from proximity to entertainment, dining, and cultural attractions, increasing its rental appeal and long-term investment potential. Enhanced with desirable amenities, the property includes in-unit washers and dryers, private patios or decks, and private garages, offering tenants unparalleled comfort and convenience. Spacious floor plans ensure comfortable living and entertaining spaces, while the townhouse-style design mimics the privacy of single-family homes, appealing to tenants seeking autonomy and a higher-quality living experience. These features collectively contribute to strong tenant demand and high occupancy rates, making this property an exceptional investment opportunity.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Door-Multi, Garage
Garage Spaces 8.0
Garage Description 8.0
Total Parking Spaces 8
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction Yes
Others
Senior Community No
Tax ID UNAVAILABLE
Special Listing Condition Standard
Listed by Saadia 'Sam' Liberow • Marcus & Millichap