Property Showcase

11312 HUSTON STLos Angeles, CA 91601 0

$9,425,000
Multi-Family
Status: Active
  • Sqft:21,250
  • Lot:13,169 sq ft
  • MLS#: 17243746
34.159660339355469-118.37796783447266
Courtesy Of Marcus & Millichap

Description:

The subject property is a unique opportunity to own a full 14-unit condominium community in the southern portion of the NoHo Arts District, just one block from Toluca Lake and two blocks from Studio City. The entire building consists of large units averaging over 1,500 square feet, featuring at least three bedrooms each, and saturated with condominiumquality amenities. Constructed in 2011, the property is not subject to Los Angeles Rent Control and it carries a recorded condominium tract map (Tract 67599).Each of the spacious units includes its own in-unit washer/ dryer, central air/heat, stainless steel appliances, designer cabinets, high ceilings, recessed lighting, and custom walkin closets. Interiors also feature luxury vinyl plank flooring with tile kitchens and bathrooms, granite countertops, and semi-recessed bathroom sinks. Each unit includes its own private balcony and penthouse units also contain lofts.

Main Features:

Listing Status Active Year Built 2011
Floors 4 County Los Angeles
Rental Price $0 Units 14
Zoning LAR3

Additional Features:

Cooling Air Conditioning
Heating Wall Heater
Interior Features Other
Special Conditions Standard Sale

Extra Features:

Annual Expenses 177380.00 Cap Rate 4.02
Gross Income 572940.00 LP Per SQFT 443.53
Net Operating Income 379272.00 Parking Spaces 35
SQFT Source Public Records

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Last Updated On: 10/22/2017 9:16:04 PM

11312 HUSTON ST, Los Angeles, CA 91601

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Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Last Updated On: 10/22/2017 9:16:04 PM

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