North Hollywood, CA 91602 11305 Moorpark Street 1
$3,999,999
6 more
Presented By: Robert Leveen with Robert Leveen;
Home Details
We are pleased to present Moorpark Townhomes located in the Tujunga Village section of southeastern San Fernando Valley. The property was completed in 2013 as a condominium project and each unit has its own APN (2366-003-028,029,030,031,032,033). All APNs will be sold together. Currently, it is operating as an apartment building. The property consists of one x one bedroom/one bath, and five x three bedroom/two and one-half bath townhomes. The property is highly amenitized with fourteen gated subterranean parking spaces, an elevator, and two ADA compliant platform lifts. Interiors have high end finishes including European style kitchens with quartz countertops, custom cabinetry, stainless steel appliances, central HVAC, in unit laundry, fully tiled bathrooms, walk-in closets and balconies. The property is not subject to the city of Los Angeles Rental Stabilization Ordinance, and is exempt from AB 1482 until 2028. Moorpark Townhomes is a unique offering for an investor to acquire a beautifully maintained property and operate as an apartment building. It also offers an investor two exit strategies if the market determines it is most profitable to sell as one property or to sell off each condominium unit individually.
Presented By: Robert Leveen with Robert Leveen;
Interior Features for 11305 Moorpark Street 1
Bedrooms
Total Bedrooms16
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths16
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories4
General for 11305 Moorpark Street 1
Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Dryer, Washer
Attached Garage No
Buyer FinancingCash
Cap Rate3.21
Carport Y/NNo
CityNorth Hollywood
CoolingCentralAir
CountyLos Angeles
Days on Market15
Directionsgoogle maps, apple maps, etc
Full Baths
Garage Spaces14.0
Garage Y/NYes
Gross Income261840.0
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Lot Size Square Feet5696.0
Lot Size UnitsSquareFeet
MLS AreaSTUD - Studio City
MobileHomeRemainsYNNo
Net Operating Income128327.0
New ConstructionNo
NumberOfUnitsTotal6
PossessionCloseOfEscrow
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Unit Number1
View Y/NNo
Waterfront Y/NNo
Year Built2013
Year Built SourceOther
ZoningLAR3
Exterior for 11305 Moorpark Street 1
Building Area Total8560.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1308
Lot Size Area5696.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesElectricGate
SpaNo
Total Parking15.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480