5217 Willowcrest Avenue

    North Hollywood, CA 91601
    • $2,385,000
    • STATUS: Active Under Contract
    • ON SITE: 79 days
    • ID#: 319000382
    Under Contract
    $2,385,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,184
      SQFT
    • $386
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1989
    County:

    School Ratings & Info

    Description

    We are proud to present this residential 7 unit opportunity in one of the most desirable rental areas of No Ho District. Neighboring Toluca Woods. The building was constructed in 1989. NO RENT CONTROL! Unit mix consists of six 2 bedroom and 1 bathroom, and one 2 bedroom and 2 bathroom units. The last one is a Town House style unit. In building laundry room with coin operating washer and dryer. Two parking spaces for each unit and some storage area. Five out of seven units have been upgraded recently. Newer roof, plumbing, AC and paint. There is room to raise the rents according to the rent comparables in the area. Don't miss this great opportunity!!!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-20T00:37:47.81. 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. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/91296400

    5217 Willowcrest Avenue North Hollywood, CA 91601

    • Price: $2,385,000
    • Status: Active Under Contract
    • ID#: 319000382
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    6,184
    SQFT
    $386
    $/SQFT
    1989
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    We are proud to present this residential 7 unit opportunity in one of the most desirable rental areas of No Ho District. Neighboring Toluca Woods. The building was constructed in 1989. NO RENT CONTROL! Unit mix consists of six 2 bedroom and 1 bathroom, and one 2 bedroom and 2 bathroom units. The last one is a Town House style unit. In building laundry room with coin operating washer and dryer. Two parking spaces for each unit and some storage area. Five out of seven units have been upgraded recently. Newer roof, plumbing, AC and paint. There is room to raise the rents according to the rent comparables in the area. Don't miss this great opportunity!!!
    Exterior Features

    Carport Spaces 0.00 Foundation Details See Remarks Garage Spaces 0.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Private YN No Spa YN No View YN No

    Interior Features

    Average Studio Area 0 Average1 Bed Area 0 Average2 Bed Area 0 Average3 Bed Area 0 Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace YN No Flooring See Remarks Laundry Features Common AreaCommunity Levels Two

    Property Features

    Association YN No Cable Tv Expense 0.00 Cap Rate 5.20 Country Us Electric Expense 0.00 Fuel Expense 1200.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Gross Equity 0 Gross Income 12250.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Gross Scheduled Income 0.00 Gross Spendable Income 0.00 Improvements Amount 0 Improvements Percent 0.00 Insurance Expense 4617.00 Land Lease Amount 0.00 Land Value 0 Land Value Percent 0.00 Laundry Equipment Own Lease Own Laundry Income 1200.00 Laundry YN Yes Licenses Expense 0.00 Maintenance Expense 0.00 Maintenance Percent 0.00 Net Operating Income 124283.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 8 Number Of Units Leased 7 Number Wall AC 0 Number With Carpet 0 Number With Dishwasher 0 Number With Disposal 0 Number With Drapes 0 Number With Patio 0 Number With Range 0 Number With Refrigerator 0 Operating Expense 22717.00 Operating Expense Percent 0.00 Other Expense 1200.00 Other Income1 0.00 Other Income2 0.00 Personal Property Amount 0 Personal Property Percent 0.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Security Expense 0.00 Sold Cap Rate 0.00 Special Listing Conditions Standard Supplies Expense 0.00 Tax Rate 0.00 Taxes Percent 0.00 Total Actual Rent 0.00 Total Expenses 0.00 Trash Expense 0.00 Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Walk Score 0 Water Sewer Expense 7200.00 Workmans Compensation Expense 0.00 Zoning Lar3

    Listing provided courtesy of Sara Magpapian of Coldwell Banker Hallmark Realt


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-20T00:37:47.81. 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. Licensed in the State of California, USA.
     
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