11669 SATICOY ST North Hollywood, CA 91605

We are pleased to present this 4 apartment property located near the corner of Lankershim Blvd and Saticoy Street in the submarket of North Hollywood in the City of Los Angeles. There is 2 non-conforming units and buyer is to perform their own due diligence on viability of converting these units to conforming. City of Los Angeles is currently in talks of submitting an ordinance for approval that would allow these non-conforming units to become conforming to help the current housing shortage crisis in Los Angeles. The tenants pay 100% utilities as all services are prorated to number of tenants and billed accordingly. This is a very low cost to maintain property. There is a property owned coin washer and dryer that generates about $100 per month, there are over 10 parking spaces due to very large 9,220 sf. ft lot, and located in a highly dense area. Ok to walk by front of property but do not disturb the tenants. Interior inspection can be provided upon accepted offer.