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    5753 Case Avenue

    North Hollywood, CA 91601
    • $2,295,000
    • STATUS: Active Under Contract
    • ON SITE: 12 days
    • ID#: 21692246
    Under Contract
    UPDATED: 142 min ago
    $2,295,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,524
      SQFT
    • $507
      $/SQFT
    Neighborhood:
    NHO - North Hollywood
    Type:
    Multi-Family
    Built:
    2018
    County:
    Los Angeles
    Area:
    NHO - North Hollywood

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    Description

    Welcome to this 2018 construction four-plex located in the center of NoHo Arts District. This gated and Fully Occupied property consist of 4 side by side townhouse style 3 bedroom units with tall vaulted ceilings, oversized 2 car garages and each unit is separately metered with the tenants paying all their own utilities. The units also feature: in unit washers and dryers, upscale kitchens and bathrooms, stainless steel appliances, and all have central heating and AC. The monthly rental income totals $12,613 and comes with great tenants who have been paying throughout the entire Covid-19 pandemic. This property is perfect for a first time investor or a client looking for their up-leg on a 1031 exchange. Offer subject to interior inspection.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-25T00:29:18.57. 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 | eXp Realty of California Inc. Licensed in the State of California, USA.

    www.searchcaliforniahomes.net/homes/114222462
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    5753 Case Avenue North Hollywood, CA 91601

    • Price: $2,295,000
    • Status: Active Under Contract
    • Updated: 142 min ago
    • ID#: 21692246
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,524
    SQFT
    $507
    $/SQFT
    2018
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    Welcome to this 2018 construction four-plex located in the center of NoHo Arts District. This gated and Fully Occupied property consist of 4 side by side townhouse style 3 bedroom units with tall vaulted ceilings, oversized 2 car garages and each unit is separately metered with the tenants paying all their own utilities. The units also feature: in unit washers and dryers, upscale kitchens and bathrooms, stainless steel appliances, and all have central heating and AC. The monthly rental income totals $12,613 and comes with great tenants who have been paying throughout the entire Covid-19 pandemic. This property is perfect for a first time investor or a client looking for their up-leg on a 1031 exchange. Offer subject to interior inspection.
    Exterior Features

    Architectural Style Modern Lot Size Dimensions 50X140 Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Appliances DishwasherMicrowaveRefrigerator Appliances YN Yes Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Levels Multi/Split

    Property Features

    Country Us Gross Income 143723.00 Gross Multiplier 15.96 Gross Operating Income 143723.00 Net Operating Income 99503.00 Rent Control YN No Security Features Automatic Gate Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasWaterTrash Collection Total Actual Rent 134556.00 Total Expenses 44219.45 Vacancy Allowance Rate 0.00 Zoning Lard1.5

    Listing provided courtesy of Jessica Webb-Simpson of Figure 8 Realty and Colt Maloney of Figure 8 Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-25T00:29:18.57. 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 | eXp Realty of California Inc. Licensed in the State of California, USA.

     
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    Cory Home Team | eXp Realty of California Inc
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    Temecula CA, 92590