11255 Camarillo St | North Hollywood, CA 91602

Written By Michael Monempour

SALE PRICE: $8,350,000

PRICE/UNIT: $225k          PRICE/SF: $257                  GRM: 11.74                 CAP RATE: 4.95%

TRANSACTION HIGHLIGHTS

  • LOCATED in the Heart of North Hollywood Arts District adjacent to Toluca Lake

  • TREMENDOUS value add investment with +40% upside in market rents

  • EXCELLENT Unit Mixing Consisting of Seventeen 2 Bedroom / 2 Bathroom, Nineteen 1 Bedroom / 1 Bathroom & One Single Unit which are very desirable for today’s market

  • THREE Units Delivered Vacant at the Close of Escrow

  • AMPLE Parking Available & On Site Laundry Room

  • PROPERTY sold over $2 Million Below List Price - Buyer Represented by Michael Monempour

 
Free Property Valuation
Michael Monempour
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