
Closed Listing
Value-Add Owner-User in Toluca Lake
10763 kling st
sold in
Toluca Lake
Sold At
$
1,505,000
5
Number of Units
1931
Year Built
3,588
SF
Square Footage
7,773
SF
Lot Size
LAR3
Zoning
10763 Kling St, North Hollywood, CA 91602
About the Property
10763 Kling St features five maintained units in the family-friendly Toluca Lake submarket. Situated just West of Lankershim Blvd, the subject property is located minutes from the heart of the North Hollywood Arts District. This perfect owner-user investment property is comprised of (1) 2-bdrm. and 2-bath single-family residence and (4) 1-bdrm. units in a two-story back building. Please note, the SFR and (1) 1-bdrm. unit will be delivered VACANT upon COE. 10763 Kling presents the perfect value-add opportunity as current rents are approx. 29% below market compared to renovated units in the area. Property amenities include on-site laundry (for the front house), communal back yard, five parking spaces and each unit is separately metered for gas and electricity.
5
Number of Units
1931
Year Built
3,588
SF
Square Footage
7,773
SF
Lot Size
LAR3
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$310,000
Price p/ Sq. ft.
$432
Proforma Cap Rate
6.08%




Contact
Sales agent
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