See private remarks for contact information. Well maintained 20 unit non rent controlled building located in North Hollywood. The building was built in 1980 and has a unit mix of 14 (1+1) and 6 (2+1). The building is 15,326 sq ft situated on a 25,408 sq ft lot. The property features central A/C, new paint, new asphalt and new hard and soft landscaping.The property is listed at $2,628,000, and the economic indicators are as follows: 4.9% cap rate, $171 per square foot, 11.14X GRM, and $131,400 per unit. However, with rents below market an investor can potentially achieve a market GRM of 10.14, and a market cap rate of 5.7%. The current average rents for the 1+1 is $885 and the 2+1 is $1,120. The building has on grade parking with 34 spaces in a large lot next to the building. The lot is large enough to build 10 additional units in the future.