Southern California Logo

11579 Riverside Drive, North Hollywood, CA 91602

8 Bed, 4 Bath Multi-Family Home For Sale

11579 Riverside Drive, North Hollywood, CA 91602 House For Sale - MLS #17293076
Under Agreement
$849,000
8
4
Multi-Family
4 Family
This listing is courtesy of John Barrentine from Keller Williams Larchmont.

Property Description for 11579 Riverside Drive, North Hollywood, CA 91602

Presenting a 4 unit residential income property opportunity in prime Valley Village! This well located quadruplex features four 2 + 1 Units with 3,894 total square feet of living space on a 6,499 square foot lot Zoned LAR3. Each unit boasts charming original details, front and back entrances, and spacious interiors. Each unit has individual meters for gas and electric, and one covered parking space. This value-add property is very solid at: $4,174/month; $50,088/year. At the $849,000 asking price, the property is: $212,500/Unit; a 16.97 current GRM; a 3.61% current CAP; and $218/SF. Perfect for long term investors. Walking distance to Valley Village, NoHo Arts District, restaurants, schools, shops and the Metro Rail.

Interior Details

3,894 sq. ft.
$218.03/sq. ft.
Other

Exterior Details

0.15 acres
6,499 sq. ft.
4

Other Details

17293076
1946

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1      Rent: $862     

Unit #2
Bedrooms: 2      Full / Half Baths: 1      Rent: $927     

Unit #3
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,074     

Unit #4
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,311     

Create a free account to see additional details for this home (school information, taxes, exterior details, etc...)

Request more information or Schedule an Appointment

We are dedicated to meeting all your needs in a prompt manner. In most cases, we will call you back the same day or at the most 24 hours.








Create a free account for me

Homes For Sale Near 11579 Riverside Drive, North Hollywood, CA 91602

11565 Huston Street, Valley, CA 91601 Home For Sale - MLS #SR18216298 $999,000
Single Family
2 Bed, 1.5 Bath
5 Photos
11582 Riverside Drive, Valley, CA 91602 Home For Sale - MLS #SR18217280 $889,000
Single Family
3 Bed, 3.5 Bath
10 Photos
11626 Riverside Drive, North Hollywood, CA 91602 House For Sale - MLS #18383754 $1,095,000
Multi-Family
8 Bed, 4 Bath
37 Photos
11554 Morrison Street, Valley, CA 91601 Home For Sale - MLS #18391398 $1,049,000
Single Family
1 Bed, 1 Bath
10 Photos
11588 Huston Street, Valley, CA 91601 Home For Sale - MLS #SR18240692 $899,000
Single Family
2 Bed, 1 Bath
28 Photos

Listings Similar to 11579 Riverside Drive, North Hollywood, CA 91602

$975,000 5833 Cartwright Avenue, North Hollywood, CA 91601 House For Sale - MLS #17190130
2,268 sq. ft.
Posted 10 months, 18 days ago

Fabulous 4 Unit Building Sitting On A Huge Expansive Lot With Great Potential For Development, Property Has Been Improved With New Windows on Upper Units And A Few Other Improvements Throughout. One of The Units Would Be Delivered Vacant, Property Is Located In A Highly Sought After Area Of North Hollywood On The Border Of Toluca Terrace, Nestled In A Quiet Neighborhood Complete With...

Read More


$958,000 7132 Ethel Avenue, North Hollywood, CA 91605 House For Sale - MLS #18372694
3,048 sq. ft.
Posted 10 months, 18 days ago

Good Location near Hollywood FWY #170. Well Maintained charming 4 unit on 1954 Built. Two units are 2+1 and 2 units are 1+1. Good condition and parking available. Fully leased at this time. Buyer & Agent to do due diligence or other conditions to be verified.




$1,295,000 12820 Vanowen Street, North Hollywood, CA 91605 House For Sale - MLS #318003393
3,179 sq. ft.
Posted 10 months, 18 days ago

Great Investment Opportunity! 4 Units in Valley Glen NH, No Rent Control, There are 2 Buildings, Front house (3 BED, 2 BATH). Build in 1947. 3 Back units (2 BED, 1 BATH EACH) Attached 8 car garage Build in 1983. All units are rented.




$1,095,000 11626 Riverside Drive, North Hollywood, CA 91602 House For Sale - MLS #18383754
4,090 sq. ft.
Posted 10 months, 18 days ago

Attention investors, opportunity is knocking! Four unit building, 2BD/1BA each, with unlimited potential located in prime North Hollywood location. Property is setback from the street on large 8,400 sq.ft. lot and features a grassy front yard. Gated side and backyard with access to detached garage with parking for four cars with attached laundry room. Garage is accessed from rear alley. Each unit...

Read More


My Notes

Save Favorites

Keep Notes

Create a free account to track your favorite listings

Mortgage Calculator


(20%)

Monthly Mortgage Payments

$3,856
$5,371

Town Description

North Hollywood is a district in the San Fernando Valley region of the city of Los Angeles, California, along the Tujunga Wash. It is bounded on the south by Moorpark Street and the Ventura Freeway,...

Read More