6107 Tujunga Avenue, North Hollywood, California 91606
  • $1,175,000

Overview

Property ID: PV24176922
  • Multi Family, Commercial Sale
  • Property Type
  • 3520 Sqft
  • Area Size
  • 1957
  • Year Built

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.

  • Address: 6107 Tujunga Avenue
  • City: North Hollywood
  • State/county: CA
  • Zip/Postal Code: 91606
  • Country: US

Details

Updated on December 19, 2024 at 12:47 am
  • Property ID PV24176922
  • Price $1,175,000
  • Property Size 3520 Sqft
  • Land Area 0.1175 Acres
  • Year Built 1957
  • Property Type Multi Family, Commercial Sale
  • Property Status Closed

Additional details

  • Listing Terms Submit
  • Roof Composition
  • Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Cooling Wall/Window Unit(s)
  • Heating Wall Furnace
  • County Los Angeles
  • Property Type Commercial Sale

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