5729 Willowcrest Avenue

    North Hollywood, CA 91601
    • $2,150,000
    • STATUS: Active Under Contract
    • ON SITE: 177 days
    • ID#: 18336540
    Under Contract
    UPDATED: 48 min ago
    $2,150,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,913
      SQFT
    • $364
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2018
    County:

    School Ratings & Info

    Description

    5.3% CAP - Brand New COMPLETED, Gated, Luxury Fourplex - Pride-of-Ownership! Opportunity to acquire a beautiful turn-key building in one of LA's hottest rental markets with units separately metered for water, gas and electricity. Each of the 3 bedroom, 2 bath units feature spacious, light-filled rooms with 10' ceilings, big windows, custom-design kitchens and bathrooms with sleek residential finishes. Each unit has it's own laundry hookups, A/C, LED lighting, and energy saving fixtures. Enjoy steady cash flow owning a building so nice, your tenants will never want to leave! Units are being leased out - rents are actual lease rents or projected based on review of available units in the area market. Broker and Broker's Agents do not represent or guarantee square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or un-permitted space or renovations. It is Buyer's sole responsibility to perform investigations and satisfy themselves.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-20T16:29:39.647. 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. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/82913892

    5729 Willowcrest Avenue North Hollywood, CA 91601

    • Price: $2,150,000
    • Status: Active Under Contract
    • Updated: 48 min ago
    • ID#: 18336540
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,913
    SQFT
    $364
    $/SQFT
    2018
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    5.3% CAP - Brand New COMPLETED, Gated, Luxury Fourplex - Pride-of-Ownership! Opportunity to acquire a beautiful turn-key building in one of LA's hottest rental markets with units separately metered for water, gas and electricity. Each of the 3 bedroom, 2 bath units feature spacious, light-filled rooms with 10' ceilings, big windows, custom-design kitchens and bathrooms with sleek residential finishes. Each unit has it's own laundry hookups, A/C, LED lighting, and energy saving fixtures. Enjoy steady cash flow owning a building so nice, your tenants will never want to leave! Units are being leased out - rents are actual lease rents or projected based on review of available units in the area market. Broker and Broker's Agents do not represent or guarantee square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or un-permitted space or renovations. It is Buyer's sole responsibility to perform investigations and satisfy themselves.
    Exterior Features

    Lot Size Units Square Feet Parking Features Driveway - PaversGarage - Three DoorPrivate Parking YN Yes

    Interior Features

    Appliances Garbage Disposal Appliances YN Yes Laundry Features StackableGas & Electric Dryer Hookup

    Property Features

    Cap Rate 5.30 Gross Multiplier 14.00 Gross Operating Income 151200.00 Improvements Amount 39541 Land Value 61074 Laundry YN Yes Net Operating Income 113400.00 Special Listing Conditions Standard Total Expenses 37800.00 Zoning Lard1.5

    Listing provided courtesy of Asher Ross of Ross Brothers and Daniel Ross of Ross Brothers.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-20T16:29:39.647. 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. Licensed in the State of California, USA.
     
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