La Premier Realty
This listing was posted on RealtyWW.
$2,895,000
Home For Sale In North Hollywood, California
Price:
$2,895,000
BR/BA:
9 BR, 7 BA
Location:
5749 Fair Ave, North Hollywood, CA
Description:
We are pleased to present an extremely unique multi family property that provides cash flows, significant rental upside, ADU opportunities, attractive unit mix, and a low assumable interest loan. Settled on a 14K lot with 100 Feet frontage and access from both Klump Ave and Fair Ave, this property offers 7 existing units consisting of Two (2) Single Family Houses that have been completely remodeled from the exterior and interior, One (1) 1 Bedroom ADU with Certificate of Occupancy and Four (4) 1 Bedroom Bungalows. In addition, it offers Two (2) fully approved ADU plans with Ready-to-Issue (RTI) permits for an easy value add opportunity to make this a 9 Unit property with proforma rent of $266K annually. All units have private laundry hook-ups inside the units, no common walls, and yard space. Take advantage of an attractive assumable loan of 3.80% Interest only with over 3 years of term remaining, offering immediate cash flow unlike anything else on the market.For more details: https://realtyww.info/homes_north-hollywood-d200075/for-sale_i69906695
Property Type:
Single-Family Houses
Posted:
March 27 on RealtyWW
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More About this Listing: Home For Sale In North Hollywood, California
Home For Sale In North Hollywood, California is a 9 Bedroom 7.5 Bath Single-Family Homes for Sale at 5749 Fair Ave in North Hollywood CA. Find other listings like Home For Sale In North Hollywood, California and listings near 5749 Fair Ave by searching Oodle Classifieds for 9 Bedroom 7.5 Bath Single-Family Homes for Sale in North Hollywood CA.
Home For Sale In North Hollywood, California is a 9 Bedroom 7.5 Bath Single-Family Homes for Sale at 5749 Fair Ave in North Hollywood CA. Find other listings like Home For Sale In North Hollywood, California and listings near 5749 Fair Ave by searching Oodle Classifieds for 9 Bedroom 7.5 Bath Single-Family Homes for Sale in North Hollywood CA.