North Hollywood, CA 91601,10847 Morrison St
North Hollywood, CA 91601,10847 Morrison St
North Hollywood, CA 91601,10847 Morrison St
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$4,395,000
Est. payment /mo
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20 BD
19 BA
10,242 SqFt
New

10847 Morrison St North Hollywood, CA 91601

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UPDATED:

01/07/2025 12:28 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,242 sqft

Price per Sqft $429

MLS Listing ID 25-476963

Bedrooms 20

Year Built 2024

Lot Size 8,396 Sqft

Acres 0.1927

Property Description

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.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning, Central

Equipment Microwave, Dishwasher, Dryer, Washer, Garbage Disposal, Range/Oven, Refrigerator, Freezer

Laundry In Unit

Exterior

Parking Features Garage Is Attached

Garage Spaces 10.0

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

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agent

Carol Enriquez

Agent | RE.S.0177023

+1(702) 767-5591

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10847 Morrison St