10847 Morrison Street North Hollywood, CA $ 4,995,000
10847 Morrison Street
$ 4,995,000
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10847 Morrison Street

North Hollywood, CA, 91601
$ 4,995,000
Bedrooms20 Baths19.0

Monthly Estimate*

$ 29,915

Listed by Marcus & Millichap
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Multi-Family Home for sale in North Hollywood, CA

for $4,995,000 with 20 bedrooms and 19 full baths. This home was built in 2024 on a lot size of 0.1817.

This property offers a total of six units, including four standard units and an additional efficiency unit, alongside an Additional Dwelling Unit (ADU). Designed to maximize rental potential, the diverse layout caters to a wide range of tenants, providing flexibility in living arrangements. Constructed brand new, the property boasts modern design and energy efficiency, ensuring minimal maintenance costs and appealing finishes that create a pristine, move-in-ready environment for prospective renters. Located in the desirable North Hollywood area, the property benefits from proximity to entertainment, dining, and cultural attractions, enhancing its long-term rental appeal and appreciation potential. The units offer a range of attractive amenities, including in-unit washers and dryers, private patios or decks, and private garages, which boost tenant convenience and comfort. Spacious floor plans provide ample living and entertaining space, while townhouse-style units give tenants a sense of individuality and privacy, mimicking the experience of single-family home living and further increasing demand.

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Multi-Family Active

Price

$ 4,995,000

Bedrooms

20

Full Bath

19

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1817

Year Built

2024

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

24439427

Days on Market

10

Features
General
Heating None
Cooling None
Zoning LARD1.5
Year Built 2024
Levels ThreeOrMore
Gross Income 344544.0
County Los Angeles
Net Operating Income 253044.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Garage Y/N N
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Near cross streets Cleon Ave & Morrison St.
City North Hollywood
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 6
MLS Area NHO - North Hollywood
Lot Size Units SquareFeet
Lot Size Square Feet 7914.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Active
Year Built Source Builder
Cap Rate 5.07
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Exterior
Parking Features None
Total Parking 4.0
Lot Size Area 7914.0
Number of Buildings 1
Spa N
Lot Size Acres 0.1817
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 20
Electric On Property Y/N N
Total Baths 19
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Internal Only
Street Number 1 10847
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* Excluded Features
List By
Marcus & Millichap

Broker

(818) 212-2795

Phone

Affordability Calculator

$29,915
Per Month
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Monthly Principal & Interest
$29,915
Monthly Property Taxes
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/13/2024$4,995,000 Listed Price

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10847 Morrison Street, North Hollywood, CA, 91601 is a Multi-Family Home for sale at $4,995,000 with a lot size of 0.1817. 10847 Morrison Street has 20 bedrooms, 19.0 baths, and was built in 2024. The property's zip code is 91601 which is in North Hollywood, CA