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    5050 Fair Avenue

    North Hollywood, CA 91601
    • $1,130,000
    • STATUS: Closed
    • ON SITE: 139 days
    • ID#: SR20035167
    Sold - 06/04/2020
    $1,130,000
    SOLD - 06/04/2020
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,890
      SQFT
    • $391
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    This four-unit apartment building is great for an investment property in the heart of the up & coming NoHo Arts District of North Hollywood! Fully rented and maintained, this building will bring good fortune to its new owner! Zoned R4 with newer, updated units. Each unit has its own garage. Call listing broker for more information!

    Sold by Derrick Mandoza of Douglas Elliman Of California, Inc..

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-06T17:30:31.55. 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 or Cory Home Team | Your Home Sold Guaranteed. Licensed in the State of California, USA.

    www.searchcaliforniahomes.net/homes/103310255
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    5050 Fair Avenue North Hollywood, CA 91601

    • Price: $1,125,000
    • Status: Closed
    • Updated: 57 min ago
    • ID#: SR20035167
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,890
    SQFT
    $391
    $/SQFT
    1953
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    This four-unit apartment building is great for an investment property in the heart of the up & coming NoHo Arts District of North Hollywood! Fully rented and maintained, this building will bring good fortune to its new owner! Zoned R4 with newer, updated units. Each unit has its own garage. Call listing broker for more information!
    Exterior Features

    Garage Spaces 4.00 Lot Features 2-5 Units/AcreLawnSprinklers In Front Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes

    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 2+ Common Walls Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsValley Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 57648.00 Gross Scheduled Income 57648.00 Insurance Expense 700.00 Land Lease YN No Laundry YN No Net Operating Income 42663.00 New Construction YN No New Taxes Expense 11200.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 14985.00 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 14985.00 Trash Expense 700.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Lar4

    Listing provided courtesy of Bernd Schmidt of Ramsey-Shilling Assoc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-06T17:30:31.55. 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 or Cory Home Team | Your Home Sold Guaranteed. Licensed in the State of California, USA.

     
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