$1425000 Price Analysis   ♡   North Hollywood, CA 91601 2 bed 3 bath 5069 SqFt ($281/SqFt) 5175SqFt lot. Built 1960 Listed 2024-04-12, Taxes $5158 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Located on Willowcrest Avenue in North Hollywood
California, this multifamily investment is a extraordinary opportunity for those looking for a clean building with updated electrical and complete seismic retrofit.
Offering a unit mix of (7) - 1 bed / 1 bath and (1) - studio / 1 bath a buyer will have the opportunity to capture huge rental upside through renovatons.
Presented by Casey Picard at
Keller Williams Realty.
Property MLS #P1-17200 from CRMLS
Bedrooms: 2
Laundry Features: Community
Cooling Features: Wall/Window Unit(s), Ductless
Heating Features: Wall Furnace
Heating: Yes
Heating Features: Wall Furnace
Heating: Yes
Full Bathrooms: 3
Carport Spaces: 4
Parking Features: Parking YN: Yes
Parking Total: 6
Parking Features: Parking YN: Yes
Parking Total: 6
Lot Size Acres: 0.1188017
Lot Size Source: Assessor
Lot Size Square Feet: 5175
Lot Size Source: Assessor
Lot Size Square Feet: 5175
Association: No
Calculated Total Monthly Association Fees: 0
Gardener Expense: 600.00
Maintenance Expense: 4800.00
Calculated Total Monthly Association Fees: 0
Gardener Expense: 600.00
Maintenance Expense: 4800.00
Number of Units: 8
Bedrooms in Unit-1: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-3 Description: Junior 1 Bed / 1 Bath ADU
Bedrooms in Unit-1: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-3 Description: Junior 1 Bed / 1 Bath ADU
Rent Control: Yes
Community Features: Dog Park
Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.85
Source Property Type: Residential Income
Insurance Expense: 5069.00
Area: NHO - North Hollywood
Source Neighborhood: NHO - North Hollywood
New Taxes Expense: 18047.75
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 9
Number of Separate Water Meters: 9
Parcel Number: 2415014021
Pest Control Expense: 600.00
Postal Code Plus 4: 1531
Trash Expense: 3148.61
Zoning: LAR3
Source System Name: C2C
County: Los Angeles
Cap Rate: 4.85
Source Property Type: Residential Income
Insurance Expense: 5069.00
Area: NHO - North Hollywood
Source Neighborhood: NHO - North Hollywood
New Taxes Expense: 18047.75
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 9
Number of Separate Water Meters: 9
Parcel Number: 2415014021
Pest Control Expense: 600.00
Postal Code Plus 4: 1531
Trash Expense: 3148.61
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $253448 + $108612 $362060 | $5158 |
| 2021 | $248479 + $106483 $354962 | $5074 |
| 2020 | $245932 + $105392 $351324 | $5113 |
| 2019 | $241110 + $103326 $344436 | $4942 |
| 2018 | $236383 + $101300 $337683 | $4860 |
| 2017 | $231749 + $99314 $331063 | $4721 |
| 2016 | $227205 + $97367 $324572 | $4570 |
| 2015 | $223793 + $95905 $319698 | $4512 |
| 2014 | $219410 + $94027 $313437 | $4572 |
| 2013 | $218419 + $93603 $312022 | $4562 |
| 2012 | $214137 + $91768 $305905 | $4619 |
| 2010 | $209939 + $89969 $299908 | $4456 |
| 2009 | $208866 + $89510 $298376 | $4305 |
| 2009 | $208370 + $89297 $297667 | $4305 |
| 2008 | $204771 + $87755 $292526 | $4145 |
| 2007 | $200756 + $86035 $286791 | $4000 |
Price Changed 2024-06-17
$1425000
CRMLS
Listed 2024-04-12
$1500000
CRMLS
Listing removed 2005-07-18
$800000
ITECH
Listed 2005-01-17
$800000
ITECH
Sold 1999-08-31
$212500
Public Record
Sold 1986-05-29
$257000
Public Record
$1425000
CRMLS
Listed 2024-04-12
$1500000
CRMLS
Listing removed 2005-07-18
$800000
ITECH
Listed 2005-01-17
$800000
ITECH
Sold 1999-08-31
$212500
Public Record
Sold 1986-05-29
$257000
Public Record
Net Operating Income: 69130.93
Total Square Feet Living: 5069
Year Built: 1960
Building Features: 1
Common Walls: No Common Walls
Property Age: 64
Levels or Stories: Two
Year Built Source: Assessor
Year Built: 1960
Building Features: 1
Common Walls: No Common Walls
Property Age: 64
Levels or Stories: Two
Year Built Source: Assessor
Electric Expense: 1021.62
Sewer: Water Sewer Expense: 4385.57
Sewer: Water Sewer Expense: 4385.57
Oxnard Street Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions
Map directionsEast Valley Senior High School is a public high school located approximately 0.7 miles away.
Map directions
Map directionsWalter Reed Middle School is a public middle school located approximately 2.2 miles away.
Map directions
Map directionsValmont Academy is a private elementary school located approximately 0.3 miles away.
Map directions
Map directions
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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.