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10755 Kling St
North Hollywood, CA 91602
Buena Ventura · Multifamily Property For Sale · 19 Units

Investment Highlights

  • The Opportunity: Buena Ventura Apartments offers investor an opportunity to acquire a 19-unit community built in 1992 in Toluca Lake/North Hollywood.
  • Non-RSO Property: The community was built in 1992 and is not subject to the Los Angeles Rent Stabilization Ordinance (RSO).
  • Implement a RUBS Program: Building is separately metered for Gas/Electric and Master Metered for Water/Sewer, able to add RUBS program upon turnover.
  • Rarity of The Offering: Buena Ventura is being sold by the original developer and this is the first time the property has been offered for sale.
  • Major Building Systems: Well maintained by current ownership and built with copper plumbing, sufficient power, and an at-grade parking structure.

Property Facts

No. Units 19
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.34 AC
Building Size 17,660 SF
Average Occupancy 89%
No. Stories 2
Year Built 1992
Parking Ratio 1.81/1,000 SF
Zoning LAR3

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Fireplace
  • Heating
  • Kitchen
  • Range

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 - -
2+2 13 - -
2+3 1 - -

Property Taxes

Property Taxes

Parcel Number
2421-022-036
Land Assessment
$4,329,728
Improvements Assessment
$2,543,714
Total Assessment
$6,873,442
  • Listing ID: 21713593

  • Date on Market: 12/10/2020

  • Last Updated:

  • Address: 10755 Kling St, North Hollywood, CA 91602

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