12644 1 Street, North Hollywood, CA 91606

NoHo/Valley Glen triplex perfect for investor. Upside to add another unit! Zoned LARD1.5, lot can accommodate 4 units. North of Valley College, this triplex is convenient to the NoHo Arts District, Sherman Oaks, Studio City, North Hollywood Metro Station and 101/170 freeways. Situated around a shared yard and courtyard, the units feel like 3 single family homes nestled together. 6 parking spots in the rear alley carport. Two units share a single wall and the 3rd back unit has no shared walls. Front 2 bedroom unit has wood floors, original fireplace, washer/dryer and updated kitchen and bath. Major upside potential as 2bedroom can be delivered vacant. A unique opportunity to own income property in an area with plans for major development leading to increases in surrounding property value. NoHo development plans include the NoHo West which will revitalize Laurel Plaza shopping center and the North Hollywood Metro Station Development. RARE- property cash flows with financing at 40% down.