North Hollywood, CA 91602 11305 Moorpark St # 1

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.