5749 Fair Avenue, North Hollywood (91601)
$2,895,000
0 
0
5,635
PROPERTY DETAILS
| Address: |
view address North Hollywood, CA 91601 Map Location |
Features: | Garage |
|---|---|---|---|
| Square Feet: | 5,635 sq.ft. | Lot Size: | 0.32 acres |
| Year Built: | 1949 | Property Type: | Apartment |
| County: | Los Angeles | List Date: | 2024-03-25 |
| Listing Number: | BB24009352 | Listed By: | LA Premier Realty |
| Listing Office: | [email protected] | Days on market: | 33 |
PROPERTY DESCRIPTION
We are pleased to present an extremely unique multi family property that provides cash flows, significant rental upside, ADU opportunities, attractive unit mix, and a low assumable interest loan. Settled on a 14K lot with 100 Feet frontage and access from both Klump Ave and Fair Ave, this property offers 7 existing units consisting of Two (2) Single Family Houses that have been completely remodeled from the exterior and interior, One (1) 1 Bedroom ADU with Certificate of Occupancy and Four (4) 1 Bedroom Bungalows. In addition, it offers Two (2) fully approved ADU plans with Ready-to-Issue (RTI) permits for an easy value add opportunity to make this a 9 Unit property with proforma rent of $266K annually. All units have private laundry hook-ups inside the units, no common walls, and yard space. Take advantage of an attractive assumable loan of 3.80% Interest only with over 3 years of term remaining, offering immediate cash flow unlike anything else on the market.
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Exterior
| Garage Size: | 6.00 | Parking Spaces: | 12.00 |
Property and Lot Details
| Lot Acres: | 0.32 | Lot Number: | 16.00 |
| Lot Sqft: | 13,809.00 | Public Sewer: | Yes |
| Public Water: | Yes | Transaction Type: | Sale |
| Year Built: | 1949 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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