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$3,169,082*
●
Multifamily -
Off Market
11120 Burbank Boulevard
North Hollywood, CA 91601
Studio
0 Bath
$1,935,000 - $2,365,000
Reference Base Price*
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model
About This Property
Price reduced by $50,000! In Opportunity Zone. We are pleased to
present for sale 11120 Burbank and 5553 Fulcher, a mixed-use
property. The subject consists of 6 residential apartments and 8
offices. The property is situated on a ± 10,342 SF corner lot and
there are two buildings with 16 onsite parking spaces. Actual
income of $132,999. Two buildings on one lot. 11120 Burbank Blvd
(offices) was built in 1923 and 5553 Fulcher Ave (apartments) was
built in 1959. The property is near the metro Red and Orange Lines
and close to shopping, dining, and entertainment venues. The
offices are not subject to rent control. There is upside in rents
in the offices. All the offices are on month-to-month leases and
pay their own utilities. The offices can be used by an owner who
wants to operate their own business through which an SBA loan can
possibly be obtained. (buyer to investigate uses) See attached
offering memorandum in supplements.
Unit Size
-
Days on Market
-
Land Size
10,342.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1923
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 31, 2022 | Sold | $2,000,000 | |
Sold | |||
Jul 15, 2019 | No longer available | - | |
No longer available | |||
Mar 3, 2019 | Price Decreased |
$2,150,000
↓ $50K
(2.3%)
|
|
Price Decreased | |||
Dec 11, 2018 | Listed | $2,200,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/06/2018
|
|
Studio
|
-
|
-
|
$2,200,000
Studio
-
|
-
-
|
-
|
-
|