11437 Hatteras

    North Hollywood, CA 91601
    • $2,525,000
    • STATUS: Active
    • ON SITE: 53 days
    • ID#: PW20067420
    UPDATED: 42 min ago
    $2,525,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,873
      SQFT
    • $367
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    5 UNITS NEAR COMPLETION IN NOHO ARTS DISTRICT OPPORTUNITY ZONE!We are pleased to announce a nearly complete opportunity zone investment. 11437 Hatteras is a new construction five-unit complex, Green Certified, and located in the highly coveted North Hollywood Arts District and nearby NoHo West. Final inspections are currently underway, which would allow a buyer to take advantage of Opportunity Zone tax incentives as owner of record during completion while seller/builder passes finals.This non-rent-controlled luxury complex is comprised of two townhouse duplexes and one detached SFR, totaling five units. All units have two parking spots in a mix of covered, uncovered and garage parking, as well as private laundry in each unit. Each unit is equipped with separate meters for water, gas and electricity as well as an owner+GGs common area electric meter for exterior lighting and common area water meter for landscape irrigation. While home at Hatteras, tenants are sure to be drawn to the safe and quant feel of a gated community of townhomes, secure and private parking, and entering their home through a ground level private entry. Please contact us regarding this opportunity or one of the seller+GGs many other similar developments throughout Los Angeles.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T09:25:01.483. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cory Home Team | Your Home Sold Guaranteed. Licensed in the State of California, USA.

    www.searchcaliforniahomes.net/homes/104752405

    11437 Hatteras North Hollywood, CA 91601

    • Price: $2,525,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: PW20067420
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    6,873
    SQFT
    $367
    $/SQFT
    2020
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    5 UNITS NEAR COMPLETION IN NOHO ARTS DISTRICT OPPORTUNITY ZONE!We are pleased to announce a nearly complete opportunity zone investment. 11437 Hatteras is a new construction five-unit complex, Green Certified, and located in the highly coveted North Hollywood Arts District and nearby NoHo West. Final inspections are currently underway, which would allow a buyer to take advantage of Opportunity Zone tax incentives as owner of record during completion while seller/builder passes finals.This non-rent-controlled luxury complex is comprised of two townhouse duplexes and one detached SFR, totaling five units. All units have two parking spots in a mix of covered, uncovered and garage parking, as well as private laundry in each unit. Each unit is equipped with separate meters for water, gas and electricity as well as an owner+GGs common area electric meter for exterior lighting and common area water meter for landscape irrigation. While home at Hatteras, tenants are sure to be drawn to the safe and quant feel of a gated community of townhomes, secure and private parking, and entering their home through a ground level private entry. Please contact us regarding this opportunity or one of the seller+GGs many other similar developments throughout Los Angeles.
    Exterior Features

    Architectural Style Modern Carport Spaces 0.00 Construction Materials Hardiplank TypeStucco Entry Level 1 Exterior Features Lighting Fence YN Yes Fencing Wood Garage Spaces 9.00 Lot Features Lot 6500-9999Rectangular Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedAuto Driveway GateGarageParking SpacePrivate Parking Total 10.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Bitumen Spa Features None Spa YN No View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1119 Average2 Bed Area Units Square Feet Average3 Bed Area 1482 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Laundry Features Individual Room Levels Three Or More Window Features Double Pane Windows

    Property Features

    Accessibility Features None Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cable Tv Expense 0.00 Cap Rate 5.22 Community Features Dog ParkSidewalksUrban Country Us Electric Expense 480.00 Elevation Units Feet Gross Income 180000.00 Gross Multiplier 14.00 Gross Operating Income 174600.00 Gross Scheduled Income 180000.00 Insurance Expense 1961.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2000.00 Net Operating Income 131728.00 New Construction YN Yes New Taxes Expense 29651.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 6 Number Of Units Leased 0 Number With Dishwasher 5 Number With Disposal 5 Number With Range 5 Number With Refrigerator 5 Operating Expense 42871.00 Professional Management Expense 6984.00 Property Condition Under Construction Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 29709.00 Tax Rate 1.17 Tax Year 2020 Tenant Pays All Utilities Total Actual Rent 15000.00 Total Expenses 42872.00 Trash Expense 0.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableWater Connected Vacancy Allowance Rate 3.00 Water Sewer Expense 648.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Seth Hamilton of Citivest Realty Services, Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T09:25:01.483. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cory Home Team | Your Home Sold Guaranteed. Licensed in the State of California, USA.

     
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