6107 Tujunga Avenue, North Hollywood CA, 91606
(Active)
$1,175,000
|
3,520 sqft
|
MLS# PV22230641
Last Updated: 5/7/2024 3:14 PM
Description for
6107 Tujunga Avenue
North Hollywood, CA 91606
A strong income property opportunity in the dynamic North Hollywood market with an abundance of new developments for shopping and entertainment, and located in the heart of North Hollywood's thriving population. Built in 1957 this well maintained building has 3,520 sq.ft. on 5,118 sq.ft. lot. The 5-unit mix consists of (2) 2bd/1bth units, (3) 1bd/1bth units, separately metered for tenant paid electric and gas. The building also offers new roof installed 2/2023, (4) 1-car enclosed garages, (5) driveway parking spaces, primarily hardscaped low-maintenance grounds, community laundry room with coin-operated washer and dryer, and added value in the costs for completed LADBS Soft-Story Retrofit Compliance in December 2021. Current Monthly Rents $5,766.80/Gross Monthly; Unit 1: $1,456/mo; Unit #2: $1113.84; Unit #3: $937.04; Unit #4: $937.04; Unit #5: $1,322.88. This central North Hollywood location is adjacent to Studio City, Burbank, and Toluca Lake and in close proximity to the Metro B Line (Red) North Hollywood station and just minutes from the 170 and 101 freeways providing short easy access to Hollywood, Downtown LA, Pasadena and more. The business rich area is highly desirable for rentals with consistent demand, surrounded by the studios and entertainment industry, Burbank airport, Universal Studios, as well as the NoHo Arts District and NoHo West shopping center -all help to maintain and grow the vibrant population. This premier apartment building brings established residential tenants in a booming market for long term growth.
Price
$1,175,000
Los Angeles
3,520 (approx)
PV22230641
Active
Description
A strong income property opportunity in the dynamic North Hollywood market with an abundance of new developments for shopping and entertainment, and located in the heart of North Hollywood's thriving population. Built in 1957 this well maintained building has 3,520 sq.ft. on 5,118 sq.ft. lot. The 5-unit mix consists of (2) 2bd/1bth units, (3) 1bd/1bth units, separately metered for tenant paid electric and gas. The building also offers new roof installed 2/2023, (4) 1-car enclosed garages, (5) driveway parking spaces, primarily hardscaped low-maintenance grounds, community laundry room with coin-operated washer and dryer, and added value in the costs for completed LADBS Soft-Story Retrofit Compliance in December 2021. Current Monthly Rents $5,766.80/Gross Monthly; Unit 1: $1,456/mo; Unit #2: $1113.84; Unit #3: $937.04; Unit #4: $937.04; Unit #5: $1,322.88. This central North Hollywood location is adjacent to Studio City, Burbank, and Toluca Lake and in close proximity to the Metro B Line (Red) North Hollywood station and just minutes from the 170 and 101 freeways providing short easy access to Hollywood, Downtown LA, Pasadena and more. The business rich area is highly desirable for rentals with consistent demand, surrounded by the studios and entertainment industry, Burbank airport, Universal Studios, as well as the NoHo Arts District and NoHo West shopping center -all help to maintain and grow the vibrant population. This premier apartment building brings established residential tenants in a booming market for long term growth.
Listing Information
| Property Type: Multi-Family, Business Opportunities, 2 Story | ||
| 0.12 Acres | Assessor | 3,520 (approx) |
| 1957 | 2 | Stucco |
Public
Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
1 Total
Neighborhood
Room Information
Common Area
Interior Features
Dryer,Washer
Window/Wall Unit
Other,
Wall Furnace
Carbon Monoxide Detector(s),Smoke Detector(s)
Exterior / Lot Features
5 Parking Spaces,
0 Covered Parking Spaces,
Stucco
Composition
0-1 Unit/Acre
Community Features
Carbon Monoxide Detector(s),Smoke Detector(s)
Driving Directions
From Tujunga Avenue and Oxnard Street, head north on Tujunga Avenue, building located on the West side of the block, after Calvert Street.
Financial Considerations
| 2335036020 |
| $14,687 |
Submit
Listing Price History
North Hollywood Real Estate
North Hollywood is located in California. North Hollywood, California 91606 has a population of 162,197.
The median household income in North Hollywood, California 91606 is $54,241. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in North Hollywood 91606 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 6/1/2023 | Active | $1,175,000 USD -2.00% |
|
| 2/15/2023 | Active | $1,199,000 USD -4.00% |
|
| 10/27/2022 | Active | $1,249,000 USD |
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