5631 Klump Avenue

    North Hollywood, CA 91601
    • $1,500,000
    • STATUS: Active
    • ON SITE: 160 days
    • ID#: SR19055195
    $1,500,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,248
      SQFT
    • $462
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Ratings & Info

    Description

    Non-rent-controlled. In Opportunity Zone. North Hollywood 4-plex has been remodeled completely from top to bottom. Tenants enjoy secured gated entrance to the private assigned parking. Freshly painted exterior, with handsome accent color to match the newly updated sleek interiors. Great outdoor area with a picnic table and a grill perfect for entertaining. Two-story building with each floor having its own washer and dryer room. New dual pain windows installed, new copper plumbing, repaved driveway and parking lot. Security gated entry system. Soft gray walls and chic laminate flooring. Brand new sleek hardware on every door and hinge for that modern touch. Premium stainless steel appliances in the kitchens, new counter tops and sleek modern cabinets to match. New modern design in the bathroom matches the kitchen cabinets, counter tops and hardware. In place income of $93,600. Subject is built in 1987 with approximate 3,248 sq. foot. The property is conveniently located near public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. Tenants also have easy access to the 101, 170, and 134 freeways. See rent roll and offering memorandum in supplements.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-20T00:37:44.663. 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 Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/92625475

    5631 Klump Avenue North Hollywood, CA 91601

    • Price: $1,500,000
    • Status: Active
    • ID#: SR19055195
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,248
    SQFT
    $462
    $/SQFT
    1987
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    Non-rent-controlled. In Opportunity Zone. North Hollywood 4-plex has been remodeled completely from top to bottom. Tenants enjoy secured gated entrance to the private assigned parking. Freshly painted exterior, with handsome accent color to match the newly updated sleek interiors. Great outdoor area with a picnic table and a grill perfect for entertaining. Two-story building with each floor having its own washer and dryer room. New dual pain windows installed, new copper plumbing, repaved driveway and parking lot. Security gated entry system. Soft gray walls and chic laminate flooring. Brand new sleek hardware on every door and hinge for that modern touch. Premium stainless steel appliances in the kitchens, new counter tops and sleek modern cabinets to match. New modern design in the bathroom matches the kitchen cabinets, counter tops and hardware. In place income of $93,600. Subject is built in 1987 with approximate 3,248 sq. foot. The property is conveniently located near public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. Tenants also have easy access to the 101, 170, and 134 freeways. See rent roll and offering memorandum in supplements.
    Exterior Features

    Fence YN Yes Fencing Security Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 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 2+ Common Walls Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 93600.00 Gross Operating Income 90792.00 Gross Scheduled Income 93600.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 67392.00 New Construction YN No New Taxes Expense 18750.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 23400.00 Operating Expense Percent 25.00 Rent Control YN No Security Features Automatic Gate Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 26208.00 Trash Expense 0.00 Vacancy Allowance 2808 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Anie Mayelian of Keller Williams Encino-Sherman Oaks


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-20T00:37:44.663. 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 Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604