13103 Barbara Ann St, North Hollywood, CA, 91605

USD 6,388,888
For Sale

Property Details

Bedrooms

41

Bathrooms

41

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 41 • Bathrooms: 41 • Square Feet: 24256 • Lot/Size: 39,420 sqft lot

Description: The property has been under the same ownership for more than 30 years and current rents offer extensive room for growth. This creates a prime repositioning opportunity for a new owner to refresh apartment interiors and amenities to potentially recapture the 47% rent upside. The attractive asking price of only $155,827 per unit allows an investor to gain a sizeable foothold in the dense North Hollywood rental market at a relatively low price. In fact, only one property has sold at a lower price per unit in North Hollywood in the past year (Source: CoStar COMPS). The current owner has replaced all electrical subpanels throughout the building in 2026, which could help to reduce both insurance

Location

Address

13103 Barbara Ann St, North Hollywood, CA, 91605

City

North Hollywood

Features and Finishes

Year Built: 1972; [object Object]; [object Object]; [object Object]

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