$1,575,000
$1,699,900
7.3%For more information regarding the value of a property, please contact us for a free consultation.
6613 Irvine AVE North Hollywood, CA 91606
14 Beds
9 Baths
6,430 SqFt
Key Details
Sold Price $1,575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,430 sqft
Price per Sqft $244
MLS Listing ID 23307053
Sold Date 01/11/24
Bedrooms 14
HOA Y/N No
Year Built 1961
Lot Size 7,975 Sqft
Property Description
We are pleased to present an exceptional property opportunity suitable for a 1031 exchange. Nestled within the desirable North Hollywood area, this income property comprises seven units that offer lucrative investment potential. Comprising five spacious 2-bedroom units boasting one bath each, and two generously-sized 3-bedroom units featuring two baths, this property caters to a diverse range of tenants. The units are designed to provide comfortable living spaces, offering ample room for residents to enjoy. Should you require further information regarding this property, we encourage you to contact us. Additionally, offers are kindly requested to be made contingent upon a thorough interior inspection. With its prime location and impressive unit composition, this property promises to be an excellent addition to any real estate portfolio. Do not miss this opportunity to own a remarkable income property in the vibrant North Hollywood area. Some latest upgrades and improvements, is a brand-new 2nd story walkway, providing convenient access throughout the building. The railing on the 2nd floor has been meticulously repaired, prioritizing safety and enhancing the property's overall aesthetic appeal.Exterior painting has been recently redone. A modernized water heater, equipped with a recirculation pump, has been installed. This enhancement not only conserves water but also allows hot water to reach even the furthest apartments efficiently. In compliance with the city's regulations, all units have undergone retrofit compliance measures, ensuring that the property meets the latest safety standards. Additionally, the sewer line infrastructure beneath the property has been replaced.Moreover, trash management has been restructured, with each tenant assuming responsibility for their individual trash bills, which are now included in their respective electric bills. Notably, Units 2, 3, 6, and 7 have received an upgrade with the installation of new hardwood flooring.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Attic
Laundry Location Common Area
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Covered
Garage Spaces 4.0
Garage Description 4.0
Pool None
View Y/N No
View None
Roof Type Composition,Shingle
Parking Type Covered
Private Pool No
Building
Faces South
Entry Level Two
Sewer Other
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2320026013
Special Listing Condition Standard
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Bought with Haik Bokhchalian • JohnHart Real Estate