North Hollywood, CA 91602 10912 Landale Street

10912 Landale Street North Hollywood, CA - Image 110912 Landale Street North Hollywood, CA - Image 210912 Landale Street North Hollywood, CA - Image 3
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Presented By: Keri White with Element RE, Inc;
  • MLS# 24442477
  • 09/23/2024
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  • Beds • 6
  • Baths • 5
  • SQFT • 2,673

Home Details

Prime Short-Term Rental Income Generator! Nestled in the heart of Toluca Lake, this property is a goldmine for short-term rentals. Featuring two modern units in the back, fully permitted for short-term rentals, this setup is tailor-made for maximizing income. Whether you're an investor or an owner looking to live on-site while cashing in on high rental demand, this opportunity is not to be missed.The front unit is a charming, remodeled 2-bed, 2-bath Spanish-style home with private outdoor living spaces, a cozy fire pit, and a serene Moorish water feature. The mature, drought-tolerant landscaping adds to the low-maintenance appeal while creating a lush, tranquil atmosphere for guests. Step to the back and discover the sleek duplex, built in 2018, featuring two stunning 2-bed, 2-bath units with high-end stainless steel appliances and stylish subway tile showers. Each unit is designed with renters in mind, offering private patios, in-unit laundry, and modern finishes throughout. The upstairs unit even has two balconiesperfect for soaking up that sunny LA weather! The duplex is not subject to RSO buyer to verify providing even more flexibility for rental terms.Each unit is independently metered for utilities, ensuring convenience for both tenants and owners. Outdoor spaces are enhanced with vibrant wall murals, lush landscaping, and elegant water features, making these units highly desirable for short-term guests. Situated near LA's major studios (Disney, Universal, Warner Bros.) and iconic attractions like the Hollywood Bowl, this property offers unbeatable convenience for tourists and professionals alike. Easy access to major freeways and Metro stations makes commuting a breeze. This high-demand, income-generating property is a rare find in one of LA's hottest rental markets. Act fast-- your short-term rental empire awaits!
Presented By: Keri White with Element RE, Inc;

Interior Features for 10912 Landale Street

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths5

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesInside, LaundryCloset, InKitchen, Stacked
Total Stories1
Window FeaturesBlinds, Drapes

General for 10912 Landale Street

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave, Oven, RangeHood
Architectural StyleSpanish
Attached Garage No
Buyer FinancingCash, Conventional
Carport Spaces0.0
Carport Y/NNo
CityNorth Hollywood
Community FeaturesGated
Construction MaterialsFrame, Stucco
CoolingCentralAir
CountyLos Angeles
Days on Market1
DirectionsCa-134 W follow signs to Ventura, Take Exit 1C for Lankershim Blvd. N Hollywood, Continue onto Lankershim Blvd., Turn Right onto Landale St
Electric Expense1157.0
Entry LocationGround Level w/steps
Exterior FeaturesRainGutters, FirePit
Full Baths
Garage Spaces0.0
Garage Y/NNo
Gross Income174000.0
HeatingCentral, ForcedAir, Fireplaces, NaturalGas
High School DistrictLos Angeles Unified
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense1700.0
Interior FeaturesBalcony, CeilingFans, OpenFloorplan, RecessedLighting
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Lot Size Square Feet6988.0
Lot Size UnitsSquareFeet
MLS AreaTUL - Toluca Lake
MobileHomeRemainsYNNo
Net Operating Income141343.0
New ConstructionNo
Number of Units Leased0
NumberOfUnitsTotal3
Occupancy TypeOwner
Open Parking Spaces6.0
Patio/Porch FeaturesConcrete, Open, Patio, SeeRemarks
Pool FeaturesNone
PossessionClosePlus3Days
Private PoolNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition, Other, Shingle, Tile
Security FeaturesGatedCommunity
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Taxes$25,000
Tenant PaysCableTV, Electricity, ExteriorMaintenance, Gas, Insurance, TrashCollection, Water
ViewNone
View Y/NNo
Waterfront Y/NNo
Year Built1924
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 10912 Landale Street

Building Area Total2673.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x139
Lot FeaturesRectangularLot
Lot Size Acres0.1604
Lot Size Area6988.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Open Parking Y/NNo
Parking FeaturesConcrete, Driveway, Gated, None, RVGated, RVAccessParking
SpaNo
Total Parking6.0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $2,095,000
MLS#24442477
List Date 09/23/2024
Property Type Multi-Family
Phone 310.658.1749
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