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$1,895,000

Est. payment - /mo

6,346 Sqft Lot

Active

10923 Moorpark ST North Hollywood, CA 91602

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25159357

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1981

Lot Size 6,346 Sqft

Lot Dimensions Assessor

Property Sub-Type Quadruplex

Property Description

Welcome to Toluca Lake, North Hollywood - Where creativity meets the community. This meticulously maintained 4 unit with three large 2bdrm/2bath townhouse style two story units and one large 1bdrm 2nd level unit is complete with upgrades including newer appliances, laminated flooring, AC, water heaters and washer and dryers in each unit. Located just minutes from some of the world's most iconic studios - Universal, Warner Bros., ABC and Walt Disney - ideal for entertainment professionals and creatives alike. Just steps away is the NoHo Arts District that brings a dynamic energy, with theaters, galleries, boutique stores, restaurants and live performance spaces. There is plenty of on-site parking with 8 covered spaces - 2 for each 2bdrm unit, 1 for the 1bdrm and 1 for guest parking. Immediate upside in rental income with annual overdue rental increases for the 2bdrm units. With strong rental demand, walkable amenities and an unbeatable location near major studios, this is more than just a 4 plex, it's a long-term investment in one of LA's most resilient submarkets. A prime location that is within minutes of the local freeway system with access to the CA-101, 134, 101 and a 10-minute drive to the 405 frwy. Seller's intention is to perform a IRC 1031 Exchange with exchange properties already identified.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Interior Features All Bedrooms Up

Heating Forced Air

Cooling Central Air

Fireplaces Type Family Room

Fireplace Yes

Appliance Built-In Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer

Exterior

Exterior Feature TV Antenna

Parking Features Assigned, Concrete, Carport, Driveway

Garage Spaces 3.0

Carport Spaces 5

Garage Description 3.0

Fence Block, Wrought Iron

Pool None

Community Features Biking, Dog Park, Park

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected

Amenities Available Pet Restrictions, Pets Allowed

View Y/N No

View None

Roof Type Composition,See Remarks

Total Parking Spaces 8

Private Pool No

Building

Lot Description 16-20 Units/Acre, Front Yard, Garden, Lawn, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Trees

Story 2

Entry Level Two

Foundation Brick/Mortar, Tie Down

Sewer Public Sewer

Architectural Style Traditional

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 2423008025

Security Features Carbon Monoxide Detector(s)

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard, Trust

Virtual Tour https://tour.caimagemaker.com/l/?id=183039IDX

Listed by Michael Talbot Estate Properties 310-422-4309

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