5425 Willowcrest Avenue
North Hollywood, CA 91601

  • 5 beds
  • 3 baths
  • 1,800 sqft
  • 6,000 sqft lot
  • $588 per sqft
  • 1949 build
  • on site

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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!

California Regional MLS logo Listed By CRMLS_CA / Navid Kohan / Renaissance Realty And Investm

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# SR17248863 —

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Sale history

Date Event Source Price % Change
12/5/16
CRMLS_CA $612,500

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Multifamily Sold on 2/2/2018

$1,060,000

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Listing provided by broker:

Navid Kohan

Renaissance Realty And Investm

Newest listings in Los Angeles, CA

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Renaissance Realty And Investm. Based on information from California Regional Multiple Listing Service, Inc. as of 14:39 on Apr 25.

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