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Multifamily

10847 Morrison St

10847 Morrison St, Los Angeles, CA 91601

Listing Price: $4,995,000

Cap Rate
5.07%
Number of Units
6
GRM
14.06
Occupancy
3.0%
Price/Unit
$832,500
Price/Gross SF
$487.70
Gross SF
10,242

Investment Overview

6 Units (5 + 1 Efficiency): This property features four well-designed units plus an Additional Dwelling Unit (ADU) and an efficiency unit. This layout maximizes rental potential and provides various living arrangements, appealing to a broad range of tenants.

Brand New Construction: Enjoy the benefits of modern design and energy efficiency with brand new construction. This means minimal maintenance and repair costs, contemporary finishes, and the appeal of a fresh, pristine property for potential tenants.

Excellent Location: Situated in the highly sought-after North Hollywood area, known for its vibrant community, convenient access to entertainment, dining, and cultural attractions. This prime location enhances the property’s rental appeal and potential for long-term appreciation.

Desirable Amenities: The property boasts enhanced tenant convenience with in-unit washers and dryers, plus private patios/decks and private garages. These amenities add value and comfort, making the units more attractive to potential renters and contributing to higher occupancy rates.

Spacious Floor Plans: Generously sized floor plans offer comfortable and functional living spaces, providing tenants with ample room to live and entertain. Spacious layouts are a significant draw for renters looking for quality and comfort.

Townhouse Style Units: Townhouse-style units provide a sense of individuality and privacy, mimicking single-family home living within a multi-unit property. This style often appeals to tenants seeking more autonomy and space, enhancing rental demand.

Investment Highlights

  • 6 Units (5 + 1 Efficiency)
  • Brand New Construction
  • Excellent Location
  • Desirable Amenities
  • Spacious Floor Plans
  • Townhouse Style Units

Exclusively Listed By

  • Sam Liberow

    Senior Managing Director Investments

    (818) 212-2795

    Email Sam

    License(s): CA: 01933858, CA: 02031850

    Encino

Financing By

Multifamily

10847 Morrison St

Listing Price: $4,995,000

Cap Rate
5.07%
Number of Units
6
GRM
14.06
Occupancy
3.0%
Price/Unit
$832,500
Price/Gross SF
$487.70
Gross SF
10,242

Investment Highlights

  • 6 Units (5 + 1 Efficiency)
  • Brand New Construction
  • Excellent Location
  • Desirable Amenities
  • Spacious Floor Plans
  • Townhouse Style Units

Investment Overview

6 Units (5 + 1 Efficiency): This property features four well-designed units plus an Additional Dwelling Unit (ADU) and an efficiency unit. This layout maximizes rental potential and provides various living arrangements, appealing to a broad range of tenants. Brand New Construction: Enjoy the benefits of modern design and energy efficiency with brand new construction. This means minimal maintenance and repair costs, contemporary finishes, and the appeal of a fresh, pristine property for potential tenants. Excellent Location: Situated in the highly sought-after North Hollywood area, known for its vibrant community, convenient access to entertainment, dining, and cultural attractions. This prime location enhances the property’s rental appeal and potential for long-term appreciation. Desirable Amenities: The property boasts enhanced tenant convenience with in-unit washers and dryers, plus private patios/decks and private garages. These amenities add value and comfort, making the units more attractive to potential renters and contributing to higher occupancy rates. Spacious Floor Plans: Generously sized floor plans offer comfortable and functional living spaces, providing tenants with ample room to live and entertain. Spacious layouts are a significant draw for renters looking for quality and comfort. Townhouse Style Units: Townhouse-style units provide a sense of individuality and privacy, mimicking single-family home living within a multi-unit property. This style often appeals to tenants seeking more autonomy and space, enhancing rental demand.

Exclusively Listed By

  • Sam Liberow

    Senior Managing Director Investments

    (818) 212-2795

    Email Sam

    License(s): CA: 01933858, CA: 02031850

    Encino

Financing By

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