7,501 Sqft Lot
7,501 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25099559
Construction Status Turnkey
HOA Y/N No
Year Built 1947
Lot Size 7,501 Sqft
Property Sub-Type Quadruplex
Property Description
Discover an exceptional investment or owner-user opportunity at 8142 Vantage Ave in the highly desirable North Hollywood area. Located on a residential street, this completely remodeled unit with 3 newly constructed units, offers approximately 3,339 square feet of living space on a generous 7,501 square foot lot, presenting a rare chance to establish market rents and generate immediate cash flow. Enjoy the comfort and privacy of a residential neighborhood with the bonus of additional residential income.
Step inside to find stylish laminate floors flowing throughout the property. The thoughtfully designed unit mix caters to a variety of tenant needs or provides flexible living arrangements for an owner-occupier.
This property is positioned for an owner to live in one unit and rent out the remaining three for substantial income or an investor operator seeking a good return on investment. This property is currently fully vacant, allowing you to set market-leading rents from day one. Imagine the possibilities of tailoring the tenant base and maximizing your return on investment.
Beyond the excellent income potential, this turnkey property offers modern living in a prime location. Enjoy easy access to the vibrant NoHo Arts District, renowned for its theaters, art galleries, eclectic dining, and lively entertainment options. Commuting is a breeze with proximity to major transportation routes and studios. Local amenities, including shops, parks, and schools, are also conveniently close.
This property boasts stunning kitchens featuring sleek quartz countertops, ample cabinetry, and premium finishes. Every detail is brand new: roof, windows, floors, kitchen, bathrooms, plumbing and electrical. As a bonus solar panels in rear units have been paid for.
Don't miss this unique opportunity to own this one-of-a-kind property in a sought-after North Hollywood neighborhood. This is more than just an investment; it's a chance to secure a piece of prime real estate with immediate income potential and long-term growth.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR1
Interior
Interior Features Quartz Counters, All Bedrooms Down
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Inclusions Stove, Refrigerator, Dishwasher, Microwave, Washer and Dryer
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Driveway
Fence Block, Privacy, Vinyl
Pool None
Community Features Curbs, Street Lights, Sidewalks, Valley
View Y/N Yes
View City Lights, Mountain(s), Neighborhood
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard
Faces West
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories One
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 2309028021
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Green/Energy Cert Solar
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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