6107 Tujunga Ave., North Hollywood, CA 91606 - PV22230104 - iPro Real Estate

6107 Tujunga Ave.
North Hollywood, CA 91606

Active, Multi-Family/Income Sale

Price Decrease
For Sale

$1,175,000 $229.58 per sqft

Free Professional CMA

Listing ID : PV22230104

  • Garage

    4
  • Lot Size

    5,118 Sqft
  • Year

    1957

Description

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 installed 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 $5,545/Gross Monthly; Unit 1: $1400/mo; Unit #2: $1071; Unit #3: $901; Unit #4: $901; Unit #5: $1272. 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 just 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 Stu

Details

Type: Multi-Family/Income Sale 
Subdivision: Nho - North Hollywood 
MLS Area: NHO - North Hollywood 
County: Los Angeles 
Security Features: Smoke Detector(s)/Alarm(s) 
Tax ID: 2335036020
Cap Rate: 3.50% 
Gross Rent Multiplier: 17.65 
Days on Market: 489 
AltCal ID: CRPV22230104 
Amenities: Awnings 
Construction Type: Other 
Flooring: Laminate 
Foundation: Raised, Concrete Slab 
Laundry: Washer, Washer/Dryer - Owned, Community Facility, Dryer 
Number of Buildings: 1 
Number of Units: 5 
Parking Spaces: 9 
Property Type: Commercial Sale 
Roof: Composition 
View: None 
Water: District - Public 

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34.1758 -118.379059 $1,175,000 PV22230104
6107 Tujunga Ave., North Hollywood, CA 91606
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Listed by Edward Barrios with Vista Sotheby's International Realty

Based on information from the MLSListings MLS) as of 2/26/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 2/26/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes