$ 1,450,000
-
$1,450,000
Price -
5
Bed -
4
Bath -
2,028
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing SR0263602 - SR207068984
With a pro forma gross cap rate of 7.6%, welcome to 11912 Elkwood Street, a fully remodeled residential income opportunity delivered vacant and ready for an investor or owner-user to maximize rental potential. Located on a quiet street in North Hollywood, this property features a beautifully updated main residence plus two additional private units, each with separate addresses. The main house offers excellent curb appeal and a bright, open-concept floor plan with recessed lighting and new flooring throughout. The spacious living room is filled with natural light and flows into a stunning all-white kitchen with abundant cabinetry, ample counter space, brand-new stainless steel appliances, and an adjoining dining area. The home includes three bedrooms and two bathrooms, including a primary bedroom with direct access to the expansive backyard—ideal for entertaining or quiet relaxation. Brand-new central air and heating provide year-round comfort. The two additional units are thoughtfully designed and offer flexibility for rental income, extended family, or owner-user use. Each unit features one bedroom and one bathroom, recessed lighting, efficient heating and cooling, and a kitchenette with ample cabinetry, counter space, and new appliances. Both units include in-unit washer and dryer. The rear unit (11914 Elkwood Street) is a full ADU located at the back of the lot, providing enhanced privacy, direct access to a large, beautifully landscaped outdoor space, and a comfortable, modern living environment. Set on an approximately 7,000-square-foot lot, the property is conveniently located near schools, parks, restaurants, grocery stores, Canyon Plaza Shopping Center, and provides easy access to the 5 and 170 freeways. Delivered vacant, this property presents a rare opportunity to establish market rents and achieve an estimated $9,000 per month in gross rental income, making it a compelling opportunity for investors or owner-users seeking flexibility, quality, and long-term value in North Hollywood.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Dryer, Washer
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Living Room
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: High Ceilings,Open Floorplan,Recessed Lighting,All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR1
- Roof:
- Others: Updated/Remodeled,Turnkey,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2310019016
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
11912 Elkwood St North Hollywood, CA 91605
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
