We are pleased to present 11659 Hamlin Street, located in North Hollywood, CA. The property is situated in a desirable part of North Hollywood, just minutes from the NoHo Arts District by car, and less than a block by foot from the dining and retail on Lankershim Blvd. The 170 Freeway is a couple minutes from the property by car, which provides access to Southern California's major freeway arteries. This 6-unit apartment building was constructed in 1955 and sits on a corner lot. The unit mix consists of 4 two-bedroom two-bathroom and 2 one-bedroom one-bathroom units. A common area laundry room provides additional income, and the machines are owned. On-site carport parking provides 6 covered spaces with storage cabinets. There are no tuck-under spaces and no seismic retrofit requirement. Rents are currently over 30% below market, making this a value-add deal. All kitchens have been updated with granite countertops and some have new cabinets.
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