6623 Lemp Avenue

    North Hollywood, CA 91606
    • $1,800,000
    • STATUS: Active
    • ON SITE: 254 days
    • ID#: TR18024077
    UPDATED: 26 min ago
    $1,800,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,944
      SQFT
    • $259
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Price reduced for quick sale!!! Great income property with full tenants! A nice gated 8 unit income building in the heart of North Hollywood. All units have been remodeled with the kitchen and flooring. The building has all copper plumbing, new roof and new fence with electric gate. No vacancies. It closes public transportation, shopping center and easy to access to freeway.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-18T22:30:08.553. 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/80526230

    6623 Lemp Avenue North Hollywood, CA 91606

    • Price: $1,800,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: TR18024077
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    6,944
    SQFT
    $259
    $/SQFT
    1963
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    Price reduced for quick sale!!! Great income property with full tenants! A nice gated 8 unit income building in the heart of North Hollywood. All units have been remodeled with the kitchen and flooring. The building has all copper plumbing, new roof and new fence with electric gate. No vacancies. It closes public transportation, shopping center and easy to access to freeway.
    Exterior Features

    Fence YN Yes Fencing Electric Garage Spaces 10.00 Lot Features 6-10 Units/AcreNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Total 10.00 Pool Features None Pool Private YN No Property Attached YN No Roof Flat

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Heating Central Furnace Heating YN Yes Laundry Features See Remarks Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.26 Community Features CurbsSidewalksStreet Lighting Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 131532.00 Gross Scheduled Income 131532.00 Insurance Expense 2249.00 Land Lease YN No Laundry YN Yes Net Operating Income 94684.00 New Taxes Expense 21240.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 0 Operating Expense 36848.00 Professional Management Expense 850.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 36848.00 Trash Expense 5674.00 Water Sewer Expense 6835.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Xin Wang of Presidential Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-18T22:30:08.553. 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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