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    5654 Auckland Avenue

    North Hollywood, CA 91601
    • $1,290,000
    • STATUS: Active
    • ON SITE: 69 days
    • ID#: SR21145774
    UPDATED: 58 min ago
    $1,290,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Great investment opportunity in the NOHO district Close to booming Art District and Metro Station close to Burbank and adjacent to Toluca Woods area - Lost of developments in this area - Zoning LARD1.5 Lot size 7,407 Sq. Ft. - The 1949-built duplex is currently rented by long-time reliable tenants. Unit A has 3 bedrooms and 2 bathrooms, of which 2 bedrooms and 1 bathroom are rented to one tenant at $2,500 per month and 1 bedroom and 1 bathroom are rented to a separate tenant at $1,100 per month. Unit B has 2 bedrooms and 2 bathrooms, rented at $2,500 per month. Unit A & B have separate yard areas. In addition, there is garage converted w/o permits rented at $700.00 per month. The total monthly income is $6,800 property is excellent condition- Fenced by PVC fence The tenant's lease agreements will expire in February 2022 Close to fine dining, shopping, and the film studio mecca.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T14:32:52.317. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
    www.marknazzalrealty.com/homes/119214978
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    5654 Auckland Avenue North Hollywood, CA 91601

    • Price: $1,290,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: SR21145774
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1949
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    Great investment opportunity in the NOHO district Close to booming Art District and Metro Station close to Burbank and adjacent to Toluca Woods area - Lost of developments in this area - Zoning LARD1.5 Lot size 7,407 Sq. Ft. - The 1949-built duplex is currently rented by long-time reliable tenants. Unit A has 3 bedrooms and 2 bathrooms, of which 2 bedrooms and 1 bathroom are rented to one tenant at $2,500 per month and 1 bedroom and 1 bathroom are rented to a separate tenant at $1,100 per month. Unit B has 2 bedrooms and 2 bathrooms, rented at $2,500 per month. Unit A & B have separate yard areas. In addition, there is garage converted w/o permits rented at $700.00 per month. The total monthly income is $6,800 property is excellent condition- Fenced by PVC fence The tenant's lease agreements will expire in February 2022 Close to fine dining, shopping, and the film studio mecca.
    Exterior Features

    Architectural Style Ranch Construction Materials StuccoCopper Plumbing Entry Level 1 Entry Location Front And Alley Fencing Excellent Condition Foundation Details Raised Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Other Structures Two On A LotStable(S) Parking Features PavedSee Remarks Parking Total 1 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type AlleyCity Street Road Surface Type Alley Paved Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Accessibility Features None Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Door Features Mirrored Closet Door(S) Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Central Heating YN Yes Interior Features Granite CountersRecessed LightingAll Bedrooms Down Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Common Interest None Community Features Street Lights Contingency Motivated Seller! Buyer And Buyerã¢Â‚¬Â„¢S Agent To Perform Their Own Due Diligence Regarding All Aspects Of The Property. Tenants Are Aware That Property is For Sale. Tenants Lease Agreements Will Terminate in February 2022 - Never Been Late On Payments Despite CovidProperty Under Rent Control. All Offers Must Attach Proof Of FundsPre-Approval Letter From A Lender. Welcome Your 1031 Exchange! Be CarefulDogs On The Premises! Current Financing Conventional Disclosures Rent Control Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN Yes Green Energy Efficient AppliancesLighting Gross Income 0 Gross Scheduled Income 81600 Insurance Expense 972 Laundry Features Gas Dryer HookupInsideOutside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional1031 Exchange Net Operating Income 58455 New Construction YN No New Taxes Expense 16125 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 20697 Possession Close Of Escrow Property Condition Building Permit Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTelephone Trash Expense 600 Utilities Natural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 2448 Vacancy Allowance Rate 3 Water Sewer Expense 3000 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Julio Pilco of Buena Vista Real Estate Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T14:32:52.317. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
     
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    Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
    1473 Ford St., Suite 200
    Redlands CA, 92373