11611 Burbank Blvd

North Hollywood, CA, 91601

$1,200,000

$395 per ft²
$1,200,000
$395 per ft²
Active
Active
 - For Sale
beds
5 Beds
baths
4 Baths
carpenters-square
3,034 ft²
property_type
Multi-family
calendar
Built 1949
Probate Sale. Subject to Court confirmation and overbidding in Court. For sale AFTER 37 years! Excellent opportunity to own 3 units, with potential to legalize the 4th unit in the back. Owner started the work on converting the garage into a 4th unit, but did not do it with permits. Large two-story owner's unit (3 bedroom 2 bath) in the front, is currently occupied by the wife of the deceased owner, who has agreed to vacate the unit no later than 30-days after close of escrow. Subject agreement is in writing with a conditional stipulation for entry of Judgment (possession) in case the occupant fails to vacate as agreed. One of the existing legal 1 bedroom units is currently vacant, and will be delivered vacant at close of escrow. The other 1 bedroom unit is leased to a long-term Section 8 tenant at $983 per mo. Financials are Projected, assuming market rent for the Owner's unit (=$5,000/mo.), and the vacant unit (=$1,500/mo.). All units separately metered for gas and electricity. Low maintenance. Each unit has its own separate water heater and washer & dryer hook-up. Priced to sell. Desirable North Hollywood location, close to NoHo Arts district, and easy access to I-101, I-170, & I-134. Property is being sold AS IS and WHERE IS. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations.
MLS® ID:
22-176957
Listed:
7/17/22
Updated:
10/5/22
Coldwell Banker Realty
Barry Dantagnan

Interior Features

Kitchen Appliances
Range, Oven, Range Hood
Kitchen Features
Ceramic Counters, Tile Counters
Total Bedrooms
5
Total Bathrooms
4
Interior Features
Recessed Lighting, Mirrored Closet Door(s)
Laundry Description
In Kitchen
Floor Description
Carpet, Wood, Ceramic Tile, Vinyl Plank
Cooling
Wall/Window, Central
Heating
Fireplace, Central, Wall

Exterior/Building Features

Lot Size
6,542 ft² lot
Exterior Features
Block, Brick, Concrete, Wood, None
Architectural Style
Traditional
Lot Details
Fenced, Front Yard, Lot-Level/Flat, Walk Street, Single Lot
Roof
Shingle
Sewer
In Street

Other Property Details

Garage
Yes
Garage Spaces
2
Parking
Driveway, Driveway - Pavers, Uncovered, Shared Driveway, Driveway Gate
Parking Total
5.0
View
Y
County
Los Angeles
Water Source
District
Pool
No
Pool Description
None
Zoning
LAR3

 

Courtesy of Vineendra Jain, Ingenious Asset Group, Inc.

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barry Dantagnan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/5/22

Coldwell Banker Realty
Barry Dantagnan
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