Bought with James Antonucci
$1,980,000
$2,200,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
11966 Saticoy ST North Hollywood, CA 91605
0.86 Acres Lot
Key Details
Sold Price $1,980,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSR24219067
Sold Date 03/18/25
Year Built 1947
Lot Size 0.860 Acres
Source California Regional MLS
Property Description
11966 Saticoy Street, a Prime North Hollywood Investment Opportunity! This multi-unit property offers an excellent mix of Bungalow Style Units with 4 Bedroom and two bath house divided into Two Bedroom and One Bath Units (One Non-Conforming), a Three Bedroom and One Bathhouse, and 5 One Bedroom and One Bath Houses. There's ADU potential for added value with a spacious lot of approximately 37,453 sq. ft.. The property includes on-site parking with storage and on-site laundry, and each unit is individually metered for gas and electricity-maximizing cash flow and rental upside. Located in a sought-after neighborhood, it's within walking distance to public transit and shopping, with easy access to CA-170 and I-5 freeways. Plus, you're just minutes from Burbank Airport, making this location incredibly convenient for tenants. An ideal investment for those looking to capitalize on rental growth and development opportunities.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Laundry Community Facility
Exterior
Garage Spaces 7.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 2317012008
Special Listing Condition Not Applicable
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