Skip To Content

6516 Vineland Ave

North Hollywood, CA 91606
  • $9,200,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 21-785776
UPDATED: 37 min ago
$9,200,000
  • 44
    BEDS
  • 68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,399
    SQFT
  • $393
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2021
County:

School Ratings & Info

Description

QOZ. Construction Finalized Awaiting the C of O. 14 large townhome style units constructed in 2021 and located in North Hollywood, California. The buildings are comprised of 7 separate duplex structures featuring a unit mix of (8) 3 bedroom 3.5 bathroom Townhomes and (2) 4 bedroom/4 bathroom Townhomes. The large Townhomes feature high end finishes such as wood laminate flooring, designer tile backsplashes and stainless steel appliances. Each unit also features a two parking spaces, central heat and air-conditioning, washer/dryer, dishwasher and garbage disposal. The property is located in an Opportunity Zone with Potential Tax Benefits if the property is held for a period of 7-10 years. The Seller may be able to deliver the property prior to the lease up in order for the buyer to take advantage of the possible Opportunity Zone tax benefits (consult your tax professional, Broker makes no claims).

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-02T07:42:24.887. 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.
www.searchdesertrealestate.com/homes/121594248
Print Image

6516 Vineland Ave North Hollywood, CA 91606

  • Price: $9,200,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 37 min ago
  • MLS #: 21-785776
44
Beds
0
Baths
0
½ Baths
68
Acres
23,399
SQFT
$393
$/SQFT
2021
Built
Neighborhood:
North Hollywood
County:
Los Angeles
Area:
North Hollywood
Property Description
QOZ. Construction Finalized Awaiting the C of O. 14 large townhome style units constructed in 2021 and located in North Hollywood, California. The buildings are comprised of 7 separate duplex structures featuring a unit mix of (8) 3 bedroom 3.5 bathroom Townhomes and (2) 4 bedroom/4 bathroom Townhomes. The large Townhomes feature high end finishes such as wood laminate flooring, designer tile backsplashes and stainless steel appliances. Each unit also features a two parking spaces, central heat and air-conditioning, washer/dryer, dishwasher and garbage disposal. The property is located in an Opportunity Zone with Potential Tax Benefits if the property is held for a period of 7-10 years. The Seller may be able to deliver the property prior to the lease up in order for the buyer to take advantage of the possible Opportunity Zone tax benefits (consult your tax professional, Broker makes no claims).
Exterior Features

Covered Parking 28 Lot Size Area 29401 Other Structures None Parking Garage Attached Total Parking 28

Interior Features

Baths Total 56.00 Common Walls Attached Cooling Other Equipment Other Heating Other

Property Features

Gross Income 595968 Gross Operating Income 595968 Like Units1 12 Like Units2 2 Net Operating Income 469799.00 Number Of Buildings 7 Number Of Units 14 Sale Type Standard Source Living Area Builder Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 126169 Type Of Units Residential Water Heaters YN Yes Year Built Source Builder Zoning Lard2

Listing provided courtesy of Jon Emrani DRE#01427038 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-02T07:42:24.887. 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.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-785776-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-785776-2.jpg
Logo
The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210