$2,250,000
For Sale

11319 Mccormick Street

North Hollywood, CA 91601
Listing OfficeMarcus & Millichap
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

We are pleased to present a Market Rate 5 story (on grade: no parking) 36 unit multifamily project located in prime North Hollywood market. Theproposed development can be delivered RTI (shovel ready) including MEP's. The current tri-plex structure can be delivered Vacant without any tenants to relocate or pay.The plans call for 35 Units + 1 Manager Unit. The unit mix consists of 9: Studios, 24: 1 Beds and 2: 2 Beds. Four of the units are designated for ELI rents. The project hasalley access and is located in a qualified opportunity zone.

  • Property Details
      • Acres0.1721
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,250,000
  • Other
      • MLS #24424135

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
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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