North Hollywood, CA 91606,6242 Vineland AVE
North Hollywood, CA 91606,6242 Vineland AVE
North Hollywood, CA 91606,6242 Vineland AVE
North Hollywood, CA 91606,6242 Vineland AVE
North Hollywood, CA 91606,6242 Vineland AVE
North Hollywood, CA 91606,6242 Vineland AVE
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$ 5,195,000
Est. payment | /mo

0.3 Acres Lot


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$ 5,195,000
Est. payment | /mo
Save

0.3 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25185222

HOA Y/N No

Year Built 1989

Lot Size 0.304 Acres

Property Sub-Type Apartment

Property Description

VINELAND 19: This investment property, constructed in 1989 and exempt from LA City rent control, is presented at a 5.5 CAP rate and a 11.82 GRM, with potential for increased returns. Situated in the rapidly developing southeast region of North Hollywood, it offers convenient access to NoHo, NoHo West, Burbank, Studio City, Hollywood, DTLA, as well as nearby shopping, dining, and entertainment venues. The Transit Oriented Community (TOC) Tier 3 designation provides tenants with easy access to public transportation. This well-maintained asset represents a valuable addition to any portfolio, with recent upgrades including a new roof installed in 2022.

PLEASE NOTE: All one-bedroom units are spacious singles with a partition wall converting them into a traditional spacious one-bedroom layouts.
Unit Mix 2 bachelor units (affordable), 14 Singles, 3 two bedroom and two baths.
Other Highlights: Gated & access controlled property, combination of open & covered parking, central heat, room refrigerated air, In-house laundry (landlord owned and generating income).

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Heating Central

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Carport, On Site, Uncovered

Pool None

Community Features Sidewalks

View Y/N Yes

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 2414001036

Energy Description 3675.0

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard

CRMLS – RECore
Listed by Edgar Koenig Ed Koenig IRE 818-755-8088

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Colfax Charter Elementary

    Public | KG - 5

  • 9

    Carpenter Community Charter

    Public | KG - 5

  • 9

    Theodore Roosevelt Elementary School

    Public | KG - 5

  • 9

    Robert Louis Stevenson Elementary

    Public | KG - 5

  • 8

    Rio Vista Elementary School

    Public | KG - 5

  • 8

    Toluca Lake Elementary

    Public | PK - 5

  • 8

    Bret Harte Elementary

    Public | KG - 5

  • 8

    Thomas Edison Elementary

    Public | KG - 5

  • 7

    Celerity Palmati Charter

    Public | KG - 8

  • 7

    Providencia Elementary

    Public | KG - 5

  • 7

    George Washington Elementary

    Public | KG - 5

  • 6

    Monlux Elementary School

    Public | KG - 5

  • 6

    Celerity Cardinal Charter

    Public | KG - 8

  • 5

    Coldwater Canyon Elementary School

    Public | KG - 5

  • 5

    Strathern Elementary School

    Public | PK - 5

  • 5

    Burbank Boulevard Elementary

    Public | PK - 5

  • 5

    Victory Boulevard Elementary School

    Public | KG - 5

  • 5

    New Horizons Charter Academy

    Public | KG - 8

  • 5

    Lankershim Elementary School

    Public | KG - 5

  • 5

    Fair Avenue School

    Public | KG - 5

Middle Schools 9
  • 7

    Walter Reed School

    Public | 6 - 8

  • 6

    Luther Burbank Middle School

    Public | 6 - 8

  • 5

    Sun Valley Magnet

    Public | 6 - 8

  • 4

    Richard E. Byrd Middle School

    Public | 6 - 8

  • 4

    Roy Romer Middle School

    Public | 6 - 8

  • 0

    Harvard-Westlake School

    Private | 7 - 12

  • 0

    Emerson Academy

    Private | 6 - 12

  • 0

    Off Campus Learning Center

    Public | 7 - 12

  • 0

    Magnolia Park

    Public | 6 - 12

High Schools 15
  • 8

    North Hollywood High School

    Public | 9 - 12

  • 8

    John Burroughs High School

    Public | 9 - 12

  • 6

    Ulysses Grant High School

    Public | 9 - 12

  • 4

    Francis Polytechnic Senior High School

    Public | 9 - 12

  • 3

    East Valley High School

    Public | 9 - 12

  • 2

    Jack London Community Day

    Public | 9 - 12

  • 0

    Jack London Continuation

    Public | 9 - 12

  • 0

    Coldwater Canyon Preparatory

    Private | 9 - 12

  • 0

    Valley Torah High School

    Private | 9 - 12

  • 0

    Valley Torah

    Private | 9 - 12

  • 0

    Robert H. Lewis Continuation

    Public | 9 - 12

  • 0

    Valley Torah High School Girls' Division

    Private | 9 - 12

  • 0

    Amelia Earhart Continuation

    Public | 9 - 12

  • 0

    Monterey High (Continuation)

    Public | 9 - 12

  • 0

    Providence High School

    Private | 9 - 12

School and business data provided by Attom Data.
Nick Resendez

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6242 Vineland AVE