6242 Vineland Avenue, North Hollywood, CA 91606

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Glen Henderson

[email protected] +1(619) 889-7646

$5,195,000

Est. payment - /mo

4 Beds

5 Baths

0.3 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25185222

Bedrooms 4

Lot Size 0.304 Acres

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash

Property Type Res Income 2-4 Units

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 11.82 GRM, with potential for increased returns. Situated in the rapidly developing southeast region of North Hollywood, it offers convenient access to NoHo, NoHo West, Burbank, Studio City, Hollywood, DTLA, 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: Gated & access controlled property, combination of open & covered parking, central heat, room refrigerated air, In-house laundry (landlord owned and generating income).

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of Victory Blvd. and West of Cahuenga

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 2414001036

Acceptable Financing Cash

Listing Terms Cash

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Listed by Edgar Koenig Ed Koenig IRE

Nearby School & Business

SCHOOLS PROPERTIES

Elementary Schools 20

10

Colfax Charter Elementary

Public | KG - 5
9

Carpenter Community Charter

Public | KG - 5
9

Theodore Roosevelt Elementary School

Public | KG - 5
9

Robert Louis Stevenson Elementary

Public | KG - 5
8

Rio Vista Elementary School

Public | KG - 5
8

Toluca Lake Elementary

Public | PK - 5
8

Bret Harte Elementary

Public | KG - 5
8

Thomas Edison Elementary

Public | KG - 5
7

Celerity Palmati Charter

Public | KG - 8
7

Providencia Elementary

Public | KG - 5
7

George Washington Elementary

Public | KG - 5
6

Monlux Elementary School

Public | KG - 5
6

Celerity Cardinal Charter

Public | KG - 8
5

Coldwater Canyon Elementary School

Public | KG - 5
5

Strathern Elementary School

Public | PK - 5
5

Burbank Boulevard Elementary

Public | PK - 5
5

Victory Boulevard Elementary School

Public | KG - 5
5

New Horizons Charter Academy

Public | KG - 8
5

Lankershim Elementary School

Public | KG - 5
5

Fair Avenue School

Public | KG - 5

Middle Schools 9

7

Walter Reed School

Public | 6 - 8
6

Luther Burbank Middle School

Public | 6 - 8
5

Sun Valley Magnet

Public | 6 - 8
4

Richard E. Byrd Middle School

Public | 6 - 8
4

Roy Romer Middle School

Public | 6 - 8
0

Harvard-Westlake School

Private | 7 - 12
0

Emerson Academy

Private | 6 - 12
0

Off Campus Learning Center

Public | 7 - 12
0

Magnolia Park

Public | 6 - 12

High Schools 15

8

North Hollywood High School

Public | 9 - 12
8

John Burroughs High School

Public | 9 - 12
6

Ulysses Grant High School

Public | 9 - 12
4

Francis Polytechnic Senior High School

Public | 9 - 12
3

East Valley High School

Public | 9 - 12
2

Jack London Community Day

Public | 9 - 12
0

Jack London Continuation

Public | 9 - 12
0

Coldwater Canyon Preparatory

Private | 9 - 12
0

Valley Torah High School

Private | 9 - 12
0

Valley Torah

Private | 9 - 12
0

Robert H. Lewis Continuation

Public | 9 - 12
0

Valley Torah High School Girls' Division

Private | 9 - 12
0

Amelia Earhart Continuation

Public | 9 - 12
0

Monterey High (Continuation)

Public | 9 - 12
0

Providence High School

Private | 9 - 12

School and business data provided by Attom Data.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

6242 Vineland Avenue North Hollywood, CA 91606

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information