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5425 Willowcrest Avenue, North Hollywood, CA 91601

4 Bed, 3 Bath Multi-Family Home For Sale

5425 Willowcrest Avenue, North Hollywood, CA 91601 House For Sale - MLS #SR17248596
Under Agreement
$1,099,000
4
3
Multi-Family
3 Family
This listing is courtesy of Navid Kohan from Renaissance Realty And Investm.

Property Description for 5425 Willowcrest Avenue, North Hollywood, CA 91601

TRIPLEX In NOHO Arts District. FULLY OCCUPIED! 5% CAP! TOLUCA LAKE ADJACENT! SOUTH OF BURBANK! Gross Annual Rents Are $70,128. The 3 units consist of (one) 2 bed / 1 bath and (two) 1 bed / 1 bath. There is a potential for upside with one of the 1 bed units that's currently collecting $1,494/month. The other 1 bed unit is currently rented for $1,850/month. The 2 bed front unit is currently rented for $2,500/month. Located in the Most Desirable Pocket of North Hollywood, This Investment Property is Perfect for Just Sitting Back and Collecting Rents. Luxuriously Updated Units with Privately Fenced Yard And Enclosed Patio. Each Unit has its Own Yard and Outdoor Space for Personal Gardening Touches. Washer and Dryer are Located in a Separate Enclosure on the Side of the Property for Access. All tenants have signed a lease agreement with strong security deposits. Newer Copper Plumbing and Roof with virtually no maintenance! Great Investment Opportunity with Minimal Up-Keep!

Interior Details

1,800 sq. ft.
$610.56/sq. ft.
Water District; Public

Exterior Details

0.14 acres
6,000 sq. ft.

Other Details

SR17248596
1949
3

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1      Rent: $2,500     

Unit #2
Bedrooms: 1      Full / Half Baths: 1      Rent: $1,850     

Unit #3
Bedrooms: 1      Full / Half Baths: 1      Rent: $1,494     

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Town Description

North Hollywood is a district in the San Fernando Valley region of the city of Los Angeles, California, along the Tujunga Wash. It is bounded on the south by Moorpark Street and the Ventura Freeway,...

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