$4,600,000
For Sale

10847 Morrison Street

North Hollywood, CA 91601
10242 sqft | 20 beds | 0.18 acres | #24439427
Listing OfficeMarcus & Millichap
Browse 75 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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.

  • Interior Details
      • Bedrooms20
  • Property Details
      • Stories3
    • Measurements
      • Acres0.1817
      • Square Feet10242
    • Parking
      • Parking Spaces8
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built2024
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$4,995,000
  • Other
      • MLS #24439427

Location

Marjorie CrowReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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