$ 1,940,000
-
$1,940,000
Price -
4
Bed -
2
Bath -
4,503
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing CLW-X83921 - CLW-X80034
11425 Tiara is a premium owner-user building, that can be delivered fully vacant, with a remodeled owner's unit. The new buyer has the opportunity to select all tenants, buy and share with family or friends. The building can also be delivered fully rented, which when stabilized, generates $162,000 of gross income, and a 5.5% Cap Rate. The property qualifies for an FHA owner user loan at this price with only a 3.5% down payment. There are 3 oversized four-bedroom units, averaging 1,500 sq. feet each, which is extremely rare. Additionally, to increase profitability, you can build up to 3 ADUs on the site. Adjacent to the NoHo Arts District, this property is close to studios, entertainment, dining and public transit, in a rapidly growing area. Convenienetly located across the street from Maurice Sendak Elementary School, and right near the North Hollywood Metro Station, the property benefits from proximity to major employment hubs, transit, and a thriving live-work-play environment. With an 85 Walking Score, tenant demand is very strong due to nearby stores like Target and Trader Joe's, and top dining options such as Idle Hour and The Front Yard.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 50x141
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Assigned,Private,One Space
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2338011007
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
11425 Tiara St Los Angeles, CA 91601
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
