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Image 1 - 11347 Emelita Street, Los Angeles, CA 91601, USA - Townhouse for sale

Image 2 - 11347 Emelita Street, Los Angeles, CA 91601, USA - Townhouse for sale

Image 3 - 11347 Emelita Street, Los Angeles, CA 91601, USA - Townhouse for sale

Image 4 - 11347 Emelita Street, Los Angeles, CA 91601, USA - Townhouse for sale

Image 5 - 11347 Emelita Street, Los Angeles, CA 91601, USA - Townhouse for sale

Image 6 - 11347 Emelita Street, Los Angeles, CA 91601, USA - Townhouse for sale

Image 7 - 11347 Emelita Street, Los Angeles, CA 91601, USA - Townhouse for sale

Image 8 - 11347 Emelita Street, Los Angeles, CA 91601, USA - Townhouse for sale

Residential Income

11347 Emelita Street, Los Angeles, CA 91601, USA

Residential Income

townhouse for sale

42 views

Listed: 02/13/23

11347 Emelita Street, Los Angeles, CA 91601, USA

Studio Bed:

1 Bath:

6,408 Sq Ft Living Area:

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Price

$ 2,7M

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About This Townhouse

The 2-4 Unit Specialists are pleased to present 11347 Emelita St- a 7-unit building in the NoHo Arts District that has been extensively renovated (5 of 7 units fully remodeled) and boasts an outstanding current cap rate of 4.69%. These gorgeously updated 2 bedroom and 1 bedroom units quickly achieved market rents of$2, 495for the 2 bedrooms and$2, 195for the 1 bedrooms. In addition to the already strong return, this property boasts major upside potential- with 2 remaining units under market rent, there is room to boost the return to 5.71% ($2, 519 more in monthly rent)! Additionally, there may be potential to add ADU’s above the carport, an addition that would generate further income (buyer to do their own … Full description

Property Includes

Parking
Hardwood Floors
Gym
Storage

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North Hollywood Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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