6516 VINELAND Avenue, North Hollywood, CA 91606
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Sold Price :
$9,400,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
2022
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 |
Close Price |
$9,400,000 |
Status |
Closed |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
27,901 |
Year Built |
2022 |
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.