This Multifamily Property is no longer advertised on LoopNet.com.

10806 Sarah St
North Hollywood, CA 91602
RARE NEW TRIPLEX IN TOLUCA LAKE! 5.48% CAP · Multifamily Property For Sale · 3 Units

Investment Highlights

  • Projected 5.48% cap rate!
  • Unbeatable West Toluca Lake location just moments to an unlimited supply of restaurants, shops, businesses and more!
  • Lowest price per door of any new construction/renovation in Toluca Lake or NoHo!
  • ADU rented for $2,950 + $250 a month for parking! Outstanding rent.
  • All units separately metered for electric AND water! No gas on site (all electric).Microscopic expenses!
  • Potential to add an additional ADU (estimated rent of $2,500) for ARV of $1,715,000. Projected $315,000 in profit. (Buyer to do due diligence.)

Property Facts

No. Units 3
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.12 AC
Building Size 1,672 SF
Average Occupancy 33%
No. Stories 1
Year Built/Renovated 1904/2023
Parking Ratio 1.2/1,000 SF
Zoning LARD1.5

Amenities

Unit Amenities

  • Dishwasher
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 $2,750 486 - 667

Property Taxes

Property Taxes

Parcel Number
2421-031-001
Land Assessment
$1,020,000
Improvements Assessment
$311,100
Total Assessment
$1,331,100
  • Listing ID: 29289259

  • Date on Market: 8/16/2023

  • Last Updated:

  • Address: 10806 Sarah St, North Hollywood, CA 91602

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