For Sale
6107 Tujunga Avenue, North Hollywood, CA 91606
6107 Tujunga Avenue, North Hollywood, CA 91606
  • $1,175,000
  • $334

Overview

Property ID: HZ2061960
  • Commercial Sale
  • Property Type
  • 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
  • Area NHO - North Hollywood
  • Country United States

Details

Updated on March 27, 2024 at 11:00 pm
  • Property ID: HZ2061960
  • Price: $1,175,000
  • Land Area: 5118.00 Sqft
  • Year Built: 1957
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 3520.00
  • Living Area Prefix: Sqft
  • MLS#: PV22230641
  • Office Name: VISTA SOTHEBY'S INTERNATIONAL REALTY
  • Agent Name: Edward Barrios
  • MLS Status: Active
  • Agent State License: 01472267
  • IDX Contact Info: 310-200-1507

Additional details

  • Roof: Composition
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Tax Annual: 14687.00
  • Tax Year: 2023
  • County: Los Angeles
  • Property SubType: Multi Family
  • Parking: 5.00
  • Water Source: Public

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