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12401 Archwood ST #1-5 North Hollywood, CA 91606
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Key Details
Sold Price $1,000,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB25200067
Year Built 1958
Lot Size 6,669 Sqft
Property Sub-Type Apartment
Property Description
Located in one of Los Angeles most vibrant and growing neighborhoods, this 5 unit commercial property presents an exceptional investment opportunity. Set in the heart of North Hollywood, the property is positioned to benefit from the strong demand for both residential and commercial space.
The property features a mix of units with flexible layouts suitable for various business or residential uses. Each space is generously sized, creating a comfortable environment for tenants while providing investors with diverse income potential. Ample parking is available for tenants and visitors, a valuable feature in this desirable area.
North Hollywood is known for its arts scene, retail development, and rising property values. With convenient access to public transit, major highways, and the NoHo Arts District, this location supports long term growth and stability.
Investors will value the existing rental income along with strong potential for future appreciation. This is a rare chance to secure a multi unit property in one of Los Angeles most active markets.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Laundry Inside
Exterior
Pool None
Community Features Street Lights, Suburban, Sidewalks
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard, Trust
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Bought with Sherry James-Taylor JohnHart Real Estate
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