5820 Craner Ave., North Hollywood, CA 91601 - BB21009388 - iPro Real Estate

For Sale

$1,400,000 $424.31 per sqft

Free Professional CMA

Listing ID : BB21009388

  • Beds

    7
  • Baths

    6/1
  • Garage

    2
  • Structure / Lot Size

    3,382 Sqft / 6,751 Sqft
  • Year

    2020

Description

Calling all 1031 buyers, investors looking for an outstanding return, owner occupiers, and individuals in need of a family compound this impressive property is for ALL OF YOU! 5820 Craner is made up of two sleek, freestanding, 2-story modern residences on a 6,750 square foot lot in an excellent NoHo Arts location! The property features a massive 4 bedroom, 4 bathroom front house (a whopping 2,146 square feet), plus a 1,236 square foot 3 bedroom, 2.5 bathroom accessory dwelling unit! This is a rare and exciting opportunity to buy 2 brand new residences for an unheard of price of $717,500 a piece. New construction homes are selling for almost $900,000 nearby. This property is ideal for both owner occupiers and investors! Live in one of the luxurious homes and use the other to pay the majority of the mortgage! Or rent both units out for a projected cap rate of 5.05%! This one-of-a-kind property is located LESS than 5 minutes from both the heart of the NoHo Arts District and NoHo West! Other notable features include: walk-in closets with impressive built-in cabinetry, enormous yards and patios, large balconies for each home, high ceilings, thoughtfully designed, spacious floorplans, stainless steel appliances, manicured landscaping, washer/dryer hookups, chic bathrooms, immaculate kitchens, 2 garage parking spaces and 2 side-by-side driveway spaces.

Details

Type: Single-Family Sale 
County: Los Angeles 
Building Size: 3,382 SqFt 
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Range 
Heating: Forced Air 
Parking Spaces: 2 
Property Type: Residential Sale 
Sewer: Public Sewer 
Sub Type: Detached 

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34.176426 -118.369041 $1,435,000 BB21009388
5820 Craner Ave., North Hollywood, CA 91601
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Listed by Elizabeth Maddox with The 2-4 Unit Specialists