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6727 Camellia Avenue

North Hollywood, CA 91606
  • $2,500,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: SR22095143
UPDATED: 36 min ago
$2,500,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Listing Agent(s): Anie Mayelian of Equity Union (818-989-2000)


Description

Family owned for over 70 years, with a total of over a quarter acres of land. This property located in the high demand rental area of North Hollywood. Consists of 2 lots that go from one street to the other must be sold together for the maximum income. 6726 Beck (2320016007), with 4 rental units: 2 one bedroom/ one bathroom units and 2 two bedroom/ one bathroom units, with central heat and air, two of the units were built in2004 and may not be subject to rent control - buyer to verify. 6727 Camellia (2320016017) with 3 rental units: 2 one bedroom/ one bathroom units and 1 two bedrooms/ one bathroom unit with a private yard and parking area. Each unit has their own electric and gas meter and assigned parking spaces. Property has a laundry room for tenants (with separate gas and electric meters). The property is located near the 101, 170, and 134 freeways and with easy access to restaurants and other amenities. Exceptional choice for investors seeking a value-add opportunity with the possibility to add ADU's. Please see financing option for 4.2% interest rate financing (See supplements.)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T00:34:31.163. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128524486
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6727 Camellia Avenue North Hollywood, CA 91606

  • Price: $2,500,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 36 min ago
  • ID#: SR22095143
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1956
Built
Neighborhood:
NHO - North Hollywood
County:
Los Angeles
Area:
NHO - North Hollywood
Property Description
Family owned for over 70 years, with a total of over a quarter acres of land. This property located in the high demand rental area of North Hollywood. Consists of 2 lots that go from one street to the other must be sold together for the maximum income. 6726 Beck (2320016007), with 4 rental units: 2 one bedroom/ one bathroom units and 2 two bedroom/ one bathroom units, with central heat and air, two of the units were built in2004 and may not be subject to rent control - buyer to verify. 6727 Camellia (2320016017) with 3 rental units: 2 one bedroom/ one bathroom units and 1 two bedrooms/ one bathroom unit with a private yard and parking area. Each unit has their own electric and gas meter and assigned parking spaces. Property has a laundry room for tenants (with separate gas and electric meters). The property is located near the 101, 170, and 134 freeways and with easy access to restaurants and other amenities. Exceptional choice for investors seeking a value-add opportunity with the possibility to add ADU's. Please see financing option for 4.2% interest rate financing (See supplements.)
Exterior Features

Lot Features Rectangular Lot Number Of Separate Electric Meters 8 Open Parking Spaces 8 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features Storm Drain(S)Street LightsSidewalks Electric Expense 0 Fuel Expense 282 Garage YN No Gross Income 138360 Gross Scheduled Income 138360 Insurance Expense 3693 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 1440 Net Operating Income 91173 New Construction YN No New Taxes Expense 31250 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 2 Operating Expense 43036 Other Expense 669 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance Rate 3 Water Sewer Expense 4500 Water Source Public Zoning Rd2 & Rd 1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T00:34:31.163. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Anie Mayelian of Equity Union (818-989-2000)