6856 Agnes Avenue, North Hollywood, CA 91605

$1,220,000
Property Type: Residential Income Bedrooms: 10 Baths: 5 Square Footage: 4,258 Lot Size (sq. ft.): 8,084 Status: Closed
Current Price: $1,220,000 List Date: 12/18/2020 Last Modified: 7/30/2021

Description

North Hollywood -- referred to by Curbed LA as one of the best places to live in L.A., has become quite the outstanding hub for public transport, arts, shopping & entertainment. This 5-unit property is 100% occupied and may be the perfect place for your long term hold investment. The front 1,132 sq ft, 2+1 nicely upgraded house has the vintage features of circa 1928 classic design, and is attached to a 2-story multifamily built in 1989, consisting of four well designed, 2+1 apts. All 5 units have their own gas & electric meters, and come with 2 parking spaces per unit. Central A/C in front house, and in-wall A/C in the other 4 units. Partial, moderate updates in 2 of 4 units; more thoroughly updated in front house. Opportunity for an investment in a high-demand area. Please do not disturb the occupants -- easy showing quickly arranged upon accepted offer.

Supplements: ********

More Information MLS# 220011412

Status Change Info

Sold Price/SqFt: 286.52 Purchase Contract Date: 2021-04-19 Close Date: 2021-07-21 Close Price: 1220000

Listing, Location and Property Info

Entry Date: 2020-12-18 List Price/SqFt: 352.04 Zip + 4: 6901 Neighborhood: N/A

General Property Information

Common Walls: Yes Beds Total: 10 Baths Full: 5 Baths Total: 5 Living Area: 4258 Lot Size Acres: 0.19 Lot Size Square Feet: 8084 Year Built: 1928

Listing Info

Total # of Units in Complex: 5

Property Info

View: No Pool: No Spa: No Fireplace: No Stories: 2 # of Buildings: 2

Land Lease Type

Fee Simple: 1

Special Conditions

Standard: 1

Terms

Cash: 1 Conventional: 1

Financing

Conventional: 1

Disclosures

City Inspection Required: 1 Rent Control: 1

Units Information

Number of Units Leased: 5 NumberOfSeparateElectricMeters: 5 NumberOfSeparateGasMeters: 5 NumberOfSeparateWaterMeters: 1

Levels

Two: 1

Sold Terms

Standard Sale: 1

Flooring

Ceramic Tile: 1 Travertine: 1 Wood/Wood Like: 1

Property/Land Information

# of Units Leased: 5 Annual Gross Rent $: 92040 Gross Rent Multiplier $: 16.29

Water Heater Feature

None: 1

Parking Spaces/Information

Total Garage Spaces: 0 Total Parking Spaces: 10

HOA 1 Information

HOA: No

Landlord Pays For

Water: 1 Other: 1

Tenant Pays

Electricity: 1 Gas: 1 Other: 1

Unit 1 Furnished

Unfurnished: 1

Unit 1 Information

Unit-1 # of Beds: 2 Unit-1 # of Baths: 1 Unit-1 Monthly Rent: 2000

Unit 2 Furnished

Unfurnished: 1

Unit 2 Information

Unit-2 # of Beds: 2 Unit-2 # of Baths: 1 Unit-2 Monthly Rent: 1250

Unit 3 Information

Unit-3 # of Beds: 2 Unit-3 # of Baths: 1 Unit-3 Monthly Rent: 1550

Unit 3 Furnished

Unfinished: 1

Unit 4 Information

Unit-4 # of Beds: 2 Unit-4 # of Baths: 1 Unit-4 Monthly Rent: 1295

Unit 4 Furnished

Unfurnished: 1

Unit 5 Information

Unit-5 # of Beds: 2 Unit-5 # of Baths: 1 Unit-5 Monthly Rent: 1575

Unit 5 Furnished

Unfinished: 1

Listing Location and Property Info

Status: Closed Listing Contract Date: 2020-12-18 Sold Price: $1,220,000 Current Price: $1,220,000 Street #: 6856 Street Name: Agnes Street Suffix: Avenue County: Los Angeles State: CA Postal Code: 91605 Parcel Number: 2321024020 MLS Area: NHO - North Hollywood Subdivision: Other Country: US

Property Features

Land Lease Type: Fee Simple Special Conditions: Standard Terms: Cash; Conventional Disclosures: City Inspection Required; Rent Control Levels: Two Flooring: Ceramic Tile Water Heater Feature: None Landlord Pays For: Water Tenant Pays: Electricity; Gas Unit 3 Furnished: Unfinished
Listing Office: Vintage Real Estate Services
Listing Agent: Bryan W Sexauer | sexauerproperties@gmail.com
Agent Email: sexauerproperties@gmail.com
Last Updated: July - 30 - 2021
Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.