5633 La Mirada Avenue

    Hollywood, CA 90038
    • $1,495,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: SR18095798
    UPDATED: 40 min ago
    $1,495,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,180
      SQFT
    • $470
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    Description

    Recently renovated R 3 zoned gorgeous Craftsman house with 2 units in rear with private yard overlooking a garden in the Sexy city of Hollywood. Check out the rental comps in this area. Great pro forma cash flow with potential to build up to 9 units . Interior features beautiful flooring, well illuminated rooms and baseboard molding! Front unit offers three bedrooms, three bathrooms and a charming front porch. Inside you will find a place in the living room, well-lit dining area with built-ins, a laundry room and a spacious kitchen with ample counter-tops space and high-end appliances. Walk-in closets in all the bedrooms. The master bedroom offers a small office/seating area and two walk-in closets. The second and third unit feature a one bedroom and one bathroom with ample windows that bring in natural lighting, a bright and spacious floor-plan with lots of storage space! This wonderful opportunity is just waiting for the perfect buyer!Front tenant is on a lease that ends in December this year. Back 2 units are occupied by property manager and will be delivered vacant at close of escrow.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T21:26:12.023. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/82943249

    5633 La Mirada Avenue Hollywood, CA 90038

    • Price: $1,495,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: SR18095798
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,180
    SQFT
    $470
    $/SQFT
    1915
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    Recently renovated R 3 zoned gorgeous Craftsman house with 2 units in rear with private yard overlooking a garden in the Sexy city of Hollywood. Check out the rental comps in this area. Great pro forma cash flow with potential to build up to 9 units . Interior features beautiful flooring, well illuminated rooms and baseboard molding! Front unit offers three bedrooms, three bathrooms and a charming front porch. Inside you will find a place in the living room, well-lit dining area with built-ins, a laundry room and a spacious kitchen with ample counter-tops space and high-end appliances. Walk-in closets in all the bedrooms. The master bedroom offers a small office/seating area and two walk-in closets. The second and third unit feature a one bedroom and one bathroom with ample windows that bring in natural lighting, a bright and spacious floor-plan with lots of storage space! This wonderful opportunity is just waiting for the perfect buyer!Front tenant is on a lease that ends in December this year. Back 2 units are occupied by property manager and will be delivered vacant at close of escrow.
    Exterior Features

    Architectural Style Craftsman Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 567 Average1 Bed Area Units Square Feet Average2 Bed Area 0 Average2 Bed Area Units Square Feet Average3 Bed Area 2046 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Fireplace Features Living Room Fireplace YN Yes Flooring Wood Laundry Features Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.69 Community Features SidewalksStreet Lighting Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 0.00 Gross Income 0.00 Gross Multiplier 13.66 Gross Scheduled Income 108600.00 Insurance Expense 1287.00 Land Lease YN No Laundry YN Yes Net Operating Income 85041.00 New Taxes Expense 18687.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number With Patio 1 Number With Range 3 Operating Expense 23559.00 Other Expense 1200.00 Other Expense Description Gas Professional Management Expense 0.00 Property Condition Turnkey Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Expenses 23559.00 Trash Expense 0.00 Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Georgina Ghazarian of Johnhart Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T21:26:12.023. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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