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10824 Morrison St
North Hollywood, CA 91601
10824 Morrison | New Construction Fourplex · Multifamily Property For Sale
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4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 4,604 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Year Built | 2018 | |
| Building Class | B | Parking Ratio | 1.71/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 4,604 SF |
| No. Stories | 2 |
| Year Built | 2018 |
| Parking Ratio | 1.71/1,000 SF |
| Zoning | LARD1.5 |
ABOUT 10824 MORRISON ST , NORTH HOLLYWOOD, CA 91601
The 2-4 Unit Specialists are pleased to present this 2018 CONSTRUCTION ultra-luxury fourplex that offers buyers a remarkable 5.21% cap rate (projected). This lovely property is located on a peaceful residential street that is sandwiched between upscale Toluca Lake and trendy NoHo Arts District. A short walk to the local hotspots in each neighborhood makes this property a tenant’s dream residence. The units are not subject to rent control, so you can enjoy freedom, profit and peace of mind when purchasing this building. With such strong return, this is a great place to park your money that requires little to no headaches & property management. 10824 Morrison is made up of two duplexes on one lot. The rear duplex consists of an upstairs 4 bedroom, 3 bathroom unit and a downstairs 3 bedroom, 2 bathroom unit. The front duplex is made up of an upstairs 3 bedroom, 2 bathroom unit and a downstairs 2 bedroom, 2 bathroom unit. The rear building has 2 tandem parking spots in a garage and the front building has 2 additional tandem garage parking spots that can be accessed from the front of the building and the back. There are 4 exterior spots, making for a total of 8. The units feature top of the line appliances, high quality finishes, spacious floor plans and laundry hookups in unit. Estimated completion is April 2018.
PROPERTY TAXES
| Parcel Number | 2421-009-044 | Improvements Assessment | $1,430,550 |
| Land Assessment | $1,248,480 | Total Assessment | $2,679,030 |
PROPERTY TAXES
