10847 Morrison Street

North Hollywood, CA 91601

PRICE REDUCED

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-$395,000 (-7.91%)

$4,600,000

List Price

20

bed Beds

19

shower Baths

10,242 sqft

straighten / sqft

2024

calendar_month Built

Property Description

This property offers a diverse unit mix, featuring six units that include five standard units and an Additional Dwelling Unit (ADU). Designed to maximize rental potential, the modern layout provides flexibility for a variety of tenants and living arrangements. Constructed with brand-new materials, the property boasts contemporary finishes, energy-efficient features, and minimal maintenance requirements, making it both appealing to tenants and cost-effective for owners. Located in the vibrant North Hollywood area, it benefits from proximity to entertainment, dining, and cultural attractions, increasing its rental appeal and long-term investment potential. Enhanced with desirable amenities, the property includes in-unit washers and dryers, private patios or decks, and private garages, offering tenants unparalleled comfort and convenience. Spacious floor plans ensure comfortable living and entertaining spaces, while the townhouse-style design mimics the privacy of single-family homes, appealing to tenants seeking autonomy and a higher-quality living experience. These features collectively contribute to strong tenant demand and high occupancy rates, making this property an exceptional investment opportunity.

Listing Information

List Price $4,600,000
Status Active
MLS 24439427
Type Residential Income
Year Built 2024
Lot Size 7,914
Structure Size 10,242
DOM 68
Courtesy Of Marcus & Millichap
Listing Agent Saadia 'Sam' Liberow DRE#01933858

Interior Features

Total Bedroom
Bedrooms 20
Total Bathroom
Bathrooms 19
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Saadia 'Sam' Liberow, Marcus & Millichap 818-212-2795. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 20th, 2024 at 7:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.