6242 Vineland AVE new Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91606
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25185222
HOA Y/N No
Year Built 1989
Lot Size 0.304 Acres
Property Sub-Type Apartment
Property Description
VINELAND 19: This investment property, constructed in 1989 and exempt from LA City rent control, is presented at a 5.5 CAP rate and a 12.10 GRM, with potential for increased returns. Situated in the rapidly developing southeast region of North Hollywood, it offers convenient access to NoHo, Burbank, and Studio City, as well as nearby shopping, dining, and entertainment venues. The Transit Oriented Community (TOC) Tier 3 designation provides tenants with easy access to public transportation. This well-maintained asset represents a valuable addition to any portfolio, with recent upgrades including a new roof installed in 2022.
PLEASE NOTE: All one-bedroom units are spacious singles with a partition wall converting them into a traditional spacious one-bedroom layouts.
Unit Mix 2 bachelor units (affordable), 14 Singles, 3 two bedroom and two baths.
Other Highlights: Secure parking, central heat, room refrigerated air, In-house laundry (landlord owned).
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Interior
Heating Central
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned,Carport,On Site,Uncovered
Pool None
Community Features Sidewalks
View Y/N Yes
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 2414001036
Energy Description 3675.0
Acceptable Financing Cash,Cash to New Loan,Submit
Listing Terms Cash,Cash to New Loan,Submit
Special Listing Condition Standard