5934 Vineland Avenue

    North Hollywood, CA 91601
    • $2,150,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: SR20037041
    UPDATED: 61 min ago
    $2,150,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,031
      SQFT
    • $427
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    New building with a modern presence that includes a sleek interior design. To compliment the open floor plan design, the units include cooks kitchens with plenty of storage, stainless steel appliances and top designer finishes. Large bedrooms and spa like baths are a big plus. Large windows give tenants the luxury to control the natural light intake all while keeping the interior calm and quiet in order to escape the outside world. The iron gate surrounding the building offers security and privacy. Private entrance with clearly lit walkways to each unit with low maintenance landscape. Common front and rear entrance for convenience. Located at the epicenter of FWY's 134;170;5 with great local markets. Local markets include the following, but not limited to, NOHO Arts district, Burbank Airport, West NOHO...and growing! This is the perfect for a long term investor for future rewards!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-04T21:26:56.213. 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/103540211

    5934 Vineland Avenue North Hollywood, CA 91601

    • Price: $2,150,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: SR20037041
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,031
    SQFT
    $427
    $/SQFT
    2020
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    New building with a modern presence that includes a sleek interior design. To compliment the open floor plan design, the units include cooks kitchens with plenty of storage, stainless steel appliances and top designer finishes. Large bedrooms and spa like baths are a big plus. Large windows give tenants the luxury to control the natural light intake all while keeping the interior calm and quiet in order to escape the outside world. The iron gate surrounding the building offers security and privacy. Private entrance with clearly lit walkways to each unit with low maintenance landscape. Common front and rear entrance for convenience. Located at the epicenter of FWY's 134;170;5 with great local markets. Local markets include the following, but not limited to, NOHO Arts district, Burbank Airport, West NOHO...and growing! This is the perfect for a long term investor for future rewards!
    Exterior Features

    Garage Spaces 8.00 Lot Features 2-5 Units/AcrePavedWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway Down Slope From Street Parking Total 8.00 Parking YN Yes 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 1 Common Wall Fireplace Features Master Bedroom Fireplace YN Yes Laundry Features In Closet

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.80 Community Features CurbsSidewalksStorm DrainsStreet LightsUrbanValley Country Us Electric Expense 1200.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 40175.00 Gross Operating Income 143172.00 Gross Scheduled Income 147600.00 Insurance Expense 3000.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2000.00 Net Operating Income 104631.00 New Construction YN Yes New Taxes Expense 25241.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 38541.00 Professional Management Expense 4800.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Expenses 38541.00 Trash Expense 500.00 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Vacancy Allowance Rate 3.00 Water Sewer Expense 1800.00 Water Source Public Year Built Source Builder Zoning Lard1.5

    Listing provided courtesy of Mark Bua of Keller Williams Encino-Sherman Oaks and Darlynn Serrano of Keller Williams Encino-Sherman Oaks


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-04T21:26:56.213. 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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