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$2,799,999   Price Analysis
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6860 Gentry Ave
North Hollywood, CA 91605
16 bed 12 bath 6,329 SqFt ($442/SqFt)
6,772SqFt lot. Built 2022
Listed 2024-07-08, Taxes $10,363		Ⓧ USDA Ineligible
due to price & location
near Los Angeles

Welcome to this exceptional investment opportunity built in 2022 and fully occupied.

Consisting of two buildings, each housing two units, this modern complex offers central air conditioning and heating, inside laundry facilities , along with essential appliances such as refrigerators, stoves and dishwasher. Moreover, this property is equipped with solar panels, potentially reducing operational costs.

Additionally, the rear structure features an expansive 8-car carport, providing ample parking space for tenants.Each unit offers a generous layout with four bedrooms and three bathrooms, accommodatng various tenant needs and preferences. These units cater to a diverse range of renters with its modern amenities, thoughtful design and full occupancy, this investment property presents a compelling opportunity for investors looking to capitalize on a thriving rental market.


Presented by Lena Ghezel at
COMPASS.


Property MLS #NP24139056 from CRMLS

Bedrooms: 16

Appliances: Gas Range
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Washer Hookup

Cooling Features: Central Air
Heating Features: Central
Heating: Yes

Full Bathrooms: 12

Fencing: Fence YN: Yes, Fencing: Wrought Iron

Carport Spaces: 8
Parking Total: 8

Lot Description: Level
Lot Size Acres: 0.1554637
Lot Size Source: Assessor
Lot Size Square Feet: 6772

Number of Units: 4
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Bedrooms in Unit-3: 4
Bedrooms in Unit-4: 4
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 3
Total Bathrooms in Unit-3: 3
Total Bathrooms in Unit-4: 3

Calculated Total Monthly Association Fees: 0
Gardener Expense: 1800.00

Number of Units Leased: 4
Tenant Pays: All Utilities

Community Features: Urban

Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.60
Source Property Type: Residential Income
Insurance Expense: 3000.00
Area: NHO - North Hollywood
Source Neighborhood: NHO - North Hollywood
New Taxes Expense: 28000.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 4
Parcel Number: 2321022020
Pest Control Expense: 1500.00
Postal Code Plus 4: 5933
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$195,840 + $671,160
$867,000		$10,363
2021$265,122 + $176,746
$441,868		$5,442
2020$262,404 + $174,934
$437,338		$5,495
2019$257,259 + $171,504
$428,763		$5,281
2018$252,215 + $168,142
$420,357		$5,185
2017$247,270 + $164,846
$412,116		$5,070
2016$242,422 + $161,614
$404,036		$4,952
2015$238,781 + $159,187
$397,968		$4,880
2014$234,104 + $156,069
$390,173		$4,903
2013$165,400 + $110,200
$275,600		$3,522
2012$144,000 + $96,000
$240,000		$3,187
2010$144,000 + $96,000
$240,000		$3,203
2009$163,400 + $109,000
$272,400		$3,477
2009$144,000 + $96,000
$240,000		$3,477
2008$218,484 + $145,656
$364,140		$4,485
2007$214,200 + $142,800
$357,000		$4,336

Listed 2024-07-08
$2,799,999
CRMLS
Listing removed 2024-06-29
$0
CRMLS
Price Changed 2024-06-10
$2,600,000
CRMLS
Price Changed 2024-04-25
$2,800,000
CRMLS
Price Changed 2024-03-02
$2,850,000
CRMLS
Price Changed 2024-02-16
$2,950,000
CRMLS
Listed 2024-02-08
$3,100,000
CRMLS
Listing removed 2023-07-24
$3,995
CRMLS
Listing removed 2023-05-03
$0
Zumper
Price Changed for rent 2023-05-03
$3,995
CRMLS
Price Changed for rent 2023-04-12
$3,995
Zumper
Price Changed for rent 2023-04-05
$3,850
Zumper
Price Changed for rent 2023-03-26
$3,942
Zumper
Listed for rent 2023-03-17
$4,300
CRMLS
Listed for rent 2023-03-16
$4,300
Zumper
Sold 2023-01-30
$2,850,000
CRMLS
Sold 2021-03-24
$850,000
CRMLS
Listing removed 2020-11-20
$0
CRMLS
Listed 2020-08-25
$850,000
CRMLS
Sold 2005-11-18
$350,000
Public Record
Sold 1968-09-23
$22,000
Public Record

Net Operating Income: 155970.00

Total Square Feet Living: 6329
Year Built: 2022
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 2
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Builder

Electric Expense: 350.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Bellingham Elementary School is a public elementary school located approximately 0.3 miles away.
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Roy Romer Middle School is a public middle school located approximately 0.5 miles away.
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North Hollywood Senior High School is a public high school located approximately 2.1 miles away.
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Or Hachaim Academy is a private elementary and middle school located approximately 0.6 miles away.
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STEM 3 Academy is a private elementary, middle and high school located approximately 0.6 miles away.
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Montessori Academy is a private elementary school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.