Active
10847 Morrison Street
North Hollywood CA, 91601
$4,395,000
$429.12 per sqft
Active
20 Beds
19 Baths
10,242 sqft
Residential
Built in 2024
Listed by Michael Monempour with Lyon Stahl Investment Real Estate, Inc. 310-883-7070
The offering is a Brand New 2024 Townhome Style Apartment Building situated in the heart of North Hollywood Arts District adjacent to Toluca Lake. Built with a Senate Bill 8 Exemption this property is NOT subject to Radical Los Angeles Rent Control. The property consists of 5 Units + 1 Efficiency Unit for a total of 10,242 SF on a large 8,394 Lot. There is an excellent unit mix consisting of Four 4 Bedroom / 4 Bedroom units with Private Rooftop Decks and Private Garages, One 2 Bedroom / 2 Bathroom ADU with a private back yard and One 2 Bedroom / 1 Bathroom Efficiency Unit. All units contain in Unit Washer & Dryer, Hardwood Floors, Stainless Steel Appliances and Recess Lighting. Listed at only $4,395,000 this Turnkey Offering provides a Savvy Investor an immediate 5.92% CAP RATE in a prime Location! Built with Class and Elegance by one of the top Townhome Developers in Los Angeles with high end Finishes. Situated South of Magnolia Blvd and East of Vineland, the Offering is Located in a Quiet Residential Neighborhood adjacent the live Action of North Hollywood Arts District, and the Prestige of Toluca Lake.
25476963
MLSⓇ ID
January 6, 2025
Listed
January 7, 2025
Updated
Map
10847 Morrison Street
North Hollywood CA, 91601
Interior Features
Total Stories
3
Bedrooms
20
Total Bathrooms
19
Appliances
Dishwasher, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.19 Acres
Other Property Details
Area Name
NHO - North Hollywood
Garage
Yes
Garage Spaces
8
Parking Total
10
View
No
County
Los Angeles
Pool
No
Zoning
LARD1.5
Listing Contact: 310-425-9838
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/7/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 1/7/2025 at 2:10 AM UTC