6516 VINELAND Avenue

North Hollywood, CA 91606

$9,400,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $393 / sqft

2022

calendar_month Built

Property Description

Construction Finalized Awaiting the C of O. Marcus & Millichap is pleased to present 14 bright and open townhome style units constructed in 2021 and located in North Hollywood, California. The buildings are comprised of 7 separate duplex structures featuring a unit mix of (12) 3 bedroom 3.5 bathroom Townhomes and (2) 4 bedroom/3.5 bathroom Townhomes. The large Townhomes feature high end finishes such as wood laminate flooring, designer tile backsplashes and stainless steel appliances. Each unit also features two parking spaces, central heat and air-conditioning, washer/dryer, dishwasher and garbage disposal. The property is located in an Opportunity Zone with Potential Tax Benefits if the property is held for a period of 7-10 years. The Seller may be able to deliver the property prior to the lease up in order for the buyer to take advantage of the possible Opportunity Zone tax benefits (consult your tax professional, Broker makes no claims). NOHO has been one of the most in vogue markets and moving quickly towards being the new WEHO with rapid gentrification and development with countless projects being built and in planning including the 570,000 sq. ft. NOHO West which is a 5 minute drive from 6516 Vineland Avenue.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 6516 VINELAND Avenue
City North Hollywood
State CA
Zip 91606
County Los Angeles
Listing Agent Jon Emrani DRE#01427038
Courtesy Of Marcus & Millichap
MLS 22135739
Close Price $9,400,000
Close Date Wednesday, September 14th, 2022
Status Closed
Type Residential Income
Structure Size N/A
Lot Size 27,901
Year Built 2022
DOM 56

Exterior Information

Maps

Listing information courtesy of: Jon Emrani, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 15th, 2022 at 11:50 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.