$1,175,000 $6,308 est/mo Sourced by Back At You

6107 Tujunga Avenue,North Hollywood, CA 91606

North Hollywood CA, 91606

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Description

A strong income property opportunity in the dynamic North Hollywood market with an abundance of new developments for shopping and entertainment, and located in the heart of North Hollywood's thriving population. Built in 1957 this well maintained building has 3,520± sq.ft. on 5,118 sq.ft. lot. The 5-unit mix consists of (2) 2bd/1bth units, (3) 1bd/1bth units, separately metered for tenant paid electric and gas. The building also offers new roof installed 2/2023, (4) 1-car enclosed garages, (5) driveway parking spaces, primarily hardscaped low-maintenance grounds, community laundry room with coin-operated washer and dryer, and added value in the costs for completed LADBS Soft-Story Retrofit Compliance in December 2021. Current Monthly Rents $5,766.80/Gross Monthly; Unit 1: $1,456/mo; Unit #2: $1113.84; Unit #3: $937.04; Unit #4: $937.04; Unit #5: $1,322.88. This central North Hollywood location is adjacent to Studio City, Burbank, and Toluca Lake and in close proximity to the Metro B Line (Red) North Hollywood station and just minutes from the 170 and 101 freeways providing short easy access to Hollywood, Downtown LA, Pasadena and more. The business rich area is highly desirable for rentals with consistent demand, surrounded by the studios and entertainment industry, Burbank airport, Universal Studios, as well as the NoHo Arts District and NoHo West shopping center -all help to maintain and grow the vibrant population. This premier apartment building brings established residential tenants in a booming market for long term growth.

Details

MLS#PV22230104
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1957
Days On Site573
Listing Provided ByVista Sotheby's International Realty 310-375-0583 | Edward Barrios

Features

SQ Feet3,520
Garage4
Story(s)2
Units5
Building(s)1
ZoningLAR3
Acreage0.12

Market Activity 91606

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 1 minute ago
StateCA
CountyLos Angeles
CityNorth Hollywood
Zip Code91606
AreaNHO North Hollywood
Listing VS Median (in 91606)
Price:
$1,175,000
low | high
Med:
$925,000
71.276595744681% of Average
SqFt:
3,520
low | high
Med:
1,851
97.414772727273% of Average
$ / SqFt:
$334
low | high
Med:
$540
11.848947255801% of Average
On Site:
573
low | high
Med:
51.500000
100% of Average
Sourced by Back At You
Listing Updated: April 19, 2024 at 6:07:09 PM PDT