$1,060,000
$1,399,000
24.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
6 Baths
5,050 SqFt
SOLD DATE : 09/27/2024
Key Details
Sold Price $1,060,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,050 sqft
Price per Sqft $209
MLS Listing ID 24-402361
Sold Date 09/27/24
Bedrooms 8
Year Built 1956
Lot Size 6,687 Sqft
Acres 0.1535
Property Description
6242 Beck Avenue is a 5,050 square foot six (6) unit apartment building composed of Four (4) 1+1's and Two (2) 2+1's. This is a PROBATE SALE that does not require court confirmation. The current ownership has had the property in the family for over 40 years making this a once in generation opportunity to own in a rapidly upscaling neighborhood. Each unit is separately metered for gas and electricity. The property is spacious with each unit averaging over 800 square feet. One (1) unit will be delivered VACANT! At the rear of the property there is parking for each tenant and there is ample street parking. The property is situated on an 6,685 square foot lot and zoned LAR3. This property is currently in the Los Angeles Rent Escrow Account Program and is subject to Los Angeles City Rent Control. 6242 Beck Ave is situated in the center of North Hollywood with easy access to the 101, 170 and 134 freeways. North Hollywood is a rapidly improving submarket of LA with a significant increase in development and higher income tenants over the last decade. Tenants and owners alike are attracted to this area because of the vibrant nightlife, trendy coffee shops and restaurants and the up and coming Noho Arts District and Noho West. The subject property is also in close proximity to employment opportunities in the movie industry such as the Warner Brothers Lot, Disney and Universal etc.
Location
State CA
County Los Angeles
Area North Hollywood
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating None
Cooling Wall/Window
Equipment None
Exterior
Garage Covered Parking
Garage Spaces 6.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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