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Listed by James Antonucci • Keller Williams Realty-Studio City
$ 2,200,000
Est. payment | /mo
6,716 SqFt
$ 2,200,000
Est. payment | /mo
6,716 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,716 sqft
Price per Sqft $327
MLS Listing ID CRSR24219067
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1947
Lot Size 0.860 Acres
Property Description
11966 Saticoy Street, a Prime North Hollywood Investment Opportunity!  This multi-unit property offers an excellent mix of Bungalow Style Units with 4 Bedroom and two bath house divided into Two Bedroom and One Bath Units (One Non-Conforming), a Three Bedroom and One Bathhouse, and 5 One Bedroom and One Bath Houses. There's ADU potential for added value with a spacious lot of approximately 37,453 sq. ft.. The property includes on-site parking with storage and on-site laundry, and each unit is individually metered for gas and electricity—maximizing cash flow and rental upside.  Located in a sought-after neighborhood, it's within walking distance to public transit and shopping, with easy access to CA-170 and I-5 freeways. Plus, you're just minutes from Burbank Airport, making this location incredibly convenient for tenants.  An ideal investment for those looking to capitalize on rental growth and development opportunities.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Community Facility
Building
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767