2042 N Cahuenga

    Los Angeles (City), CA 90068
    • $5,500,000
    • STATUS: Active
    • ON SITE: 95 days
    • ID#: 19472258
    UPDATED: 22 min ago
    $5,500,000
    • 11
      BEDS
    • 0.46
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 6,369
      SQFT
    • $864
      $/SQFT
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    We are proud to present this value add opportunity in Hollywood. The site consists of three adjacent duplexes and is located just north of the 101 freeway. One of the units will be delivered vacant. A new Buyer may be able to obtain favorable financing options. By right you can build up to 24 units and with the density bonus up to 34. The price per square foot breaks down to $226 on land. The Letter of Determination has been submitted to the City of Los Angeles and should be approved in the next 6 months.

    Monthly Payment Calculator



    Based on information from CARETS as of 2019-09-23T15:49:35.19. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/96065573

    2042 N Cahuenga Los Angeles (City), CA 90068

    • Price: $5,500,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 19472258
    11
    Beds
    6
    Baths
    0
    ½ Baths
    0.46
    Acres
    6,369
    SQFT
    $864
    $/SQFT
    1920
    Built
    Neighborhood:
    Hollywood Hills East (C30)
    County:
    Los Angeles
    Area:
    Hollywood Hills East (C30)
    Property Description
    We are proud to present this value add opportunity in Hollywood. The site consists of three adjacent duplexes and is located just north of the 101 freeway. One of the units will be delivered vacant. A new Buyer may be able to obtain favorable financing options. By right you can build up to 24 units and with the density bonus up to 34. The price per square foot breaks down to $226 on land. The Letter of Determination has been submitted to the City of Los Angeles and should be approved in the next 6 months.
    Exterior Features

    Parking Spaces Total 6 Parking Type Assigned

    Interior Features

    Appliances Refrigerator Cooling Type Wall Unit(S) Heating Type Central Furnace Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bath06 1.0 Unit Number Of Bed01 3 Unit Number Of Bed02 3 Unit Number Of Bed03 1 Unit Number Of Bed04 1 Unit Number Of Bed05 2 Unit Number Of Bed06 1

    Property Features

    Adjusted Gross Income 0.00 Assessed Improvement Value 494544.00 Assessed Land Value 706493.00 Country United States Of America Expense Total Annual 0.00 Gross Operating Income 203106.00 Gross Rent Multiplier 0.00 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 0.00 Number Of Buildings 3 Special Conditions Standard Sale Square Footage Source Public Records Unit Monthly Rent01 2250.00 Unit Monthly Rent02 2266.00 Unit Monthly Rent03 1451.00 Unit Monthly Rent04 817.00 Unit Monthly Rent05 2414.00 Unit Monthly Rent06 1750.00 Unit Projected Total Monthly Rent01 3000.00 Unit Projected Total Monthly Rent02 3000.00 Unit Projected Total Monthly Rent03 1750.00 Unit Projected Total Monthly Rent04 1750.00 Unit Projected Total Monthly Rent05 2750.00 Unit Projected Total Monthly Rent06 1750.00 Unit Total Monthly Rent01 2250.00 Unit Total Monthly Rent02 2266.00 Unit Total Monthly Rent03 1451.00 Unit Total Monthly Rent04 817.00 Unit Total Monthly Rent05 2414.00 Unit Total Monthly Rent06 1750.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 6 Zoning Lar3

    Listing provided courtesy of David Kaufman DRE#01217537 of David Ballin Kaufman.


    Based on information from CARETS as of 2019-09-23T15:49:35.19. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake CA, 91361