$1,175,000 Price Analysis 6107 Tujunga AveNorth Hollywood, CA 91606 7 bed 5 bath 3,520 SqFt ($333/SqFt) 5,118SqFt lot. Built 1957 Listed 2022-10-27, Taxes $5,907 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
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 instlled 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 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.
Presented by Edward Barrios at
Vista Sotheby's International Realty.
Property MLS #PV22230104 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $288,585 + $144,277 $432,862 | $5,907 |
2021 | $282,927 + $141,449 $424,376 | $5,822 |
2020 | $280,026 + $139,999 $420,025 | $5,871 |
2019 | $274,536 + $137,254 $411,790 | $5,666 |
2018 | $269,153 + $134,563 $403,716 | $5,554 |
2017 | $263,876 + $131,925 $395,801 | $5,397 |
2016 | $258,702 + $129,339 $388,041 | $5,247 |
2015 | $254,817 + $127,397 $382,214 | $5,179 |
2014 | $249,826 + $124,902 $374,728 | $5,226 |
2013 | $248,697 + $124,338 $373,035 | $5,216 |
2012 | $243,821 + $121,900 $365,721 | $5,282 |
2010 | $239,041 + $119,510 $358,551 | $5,096 |
2009 | $237,819 + $118,899 $356,718 | $4,921 |
2009 | $237,255 + $118,617 $355,872 | $4,921 |
2008 | $233,156 + $116,568 $349,724 | $4,729 |
2007 | $228,585 + $114,283 $342,868 | $4,570 |
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.