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    12717 Barbara Ann St

    North Hollywood, CA 91605
    • $6,950,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 20-582730
    $6,950,000
    • 63
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 23,232
      SQFT
    • $299
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    The subject property is a fantastic, well maintained, 24- unit apartment complexlocated in the North Hollywood submarket of Los Angeles. Situated on BarbaraAnn St just south of Sherman Way Blvd and a block east of Coldwater CanyonBlvd, this beautiful building has a healthy mix of updated and brilliantly sized units.The property boasts Twelve 2 bedroom, 1-bathroom units, and Twelve 3-bedroom,2-bathroom units. The densely populated location ensures expeditious lease upand the large, excellent units allow for tenant comfort and investor stability. Goingin at a 4% CAP with upside to over a 6% CAP this deal is positioned to fly off theshelf quickly.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-12T23:42:16.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/106578523
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    12717 Barbara Ann St North Hollywood, CA 91605

    • Price: $6,950,000
    • Status: Active
    • ID#: 20-582730
    63
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    23,232
    SQFT
    $299
    $/SQFT
    1961
    Built
    Neighborhood:
    North Hollywood
    County:
    Los Angeles
    Area:
    North Hollywood
    Property Description
    The subject property is a fantastic, well maintained, 24- unit apartment complexlocated in the North Hollywood submarket of Los Angeles. Situated on BarbaraAnn St just south of Sherman Way Blvd and a block east of Coldwater CanyonBlvd, this beautiful building has a healthy mix of updated and brilliantly sized units.The property boasts Twelve 2 bedroom, 1-bathroom units, and Twelve 3-bedroom,2-bathroom units. The densely populated location ensures expeditious lease upand the large, excellent units allow for tenant comfort and investor stability. Goingin at a 4% CAP with upside to over a 6% CAP this deal is positioned to fly off theshelf quickly.
    Exterior Features

    Lot Size Area 31711 Other Structures None Parking Garage Carport Detached Pool YN No Tennis YN No Total Parking 24

    Interior Features

    Baths Total 36.00 Cooling Window Unit(S) Den No Dining Room No Equipment None Family Room No Heating Other

    Property Features

    Gross Income 287898 Gross Operating Income 503700 Like Units1 12 Like Units2 12 Net Operating Income 287898.00 Number Of Buildings 3 Number Of Units 24 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 200691 Type Of Units Multi-Family Zoning Lard1.5

    Listing provided courtesy of Shaya Braverman DRE#01861842 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-12T23:42:16.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355