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    5749 Fair Avenue

    North Hollywood, CA 91601
    • $1,899,000
    • STATUS: Active
    • ON SITE: 109 days
    • ID#: SR21016517
    $1,899,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,519
      SQFT
    • $420
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Street to street lot with 6 individual houses. 4 units are one bedroom, 1 bath, each with its own 1 car detached garage. 2 units are 2 bedroom, 1 bath. Additional 2 car detached garage. Each unit has laundry hook-ups. Each unit separately metered for gas and electricity. All houses are fully occupied. 4 units are on month to month leases and two units will become month to month within 5 months. Property is gated on both streets. Upside potential in raising rents or developing the property to''''''''''' multi-residential.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-15T00:34:56.333. 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 or Zutila, Inc.. Licensed in the State of California, USA.
    www.myorangecountyhomesearcher.com/homes/113627183
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    5749 Fair Avenue North Hollywood, CA 91601

    • Price: $1,899,000
    • Status: Active
    • ID#: SR21016517
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    4,519
    SQFT
    $420
    $/SQFT
    1949
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    Street to street lot with 6 individual houses. 4 units are one bedroom, 1 bath, each with its own 1 car detached garage. 2 units are 2 bedroom, 1 bath. Additional 2 car detached garage. Each unit has laundry hook-ups. Each unit separately metered for gas and electricity. All houses are fully occupied. 4 units are on month to month leases and two units will become month to month within 5 months. Property is gated on both streets. Upside potential in raising rents or developing the property to''''''''''' multi-residential.
    Exterior Features

    Number Of Separate Electric Meters 6 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Suburban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 114000 Gross Scheduled Income 114000 Insurance Expense 2200 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 95600 New Construction YN No New Taxes Expense 9000 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 2 Number Of Units Leased 6 Operating Expense 18400 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Total Actual Rent 9488 Trash Expense 0 Water Sewer Expense 3800 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Michael Zelener of Pacific Coast Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-15T00:34:56.333. 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 or Zutila, Inc.. Licensed in the State of California, USA.
     
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