5119 Colfax Avenue

    North Hollywood, CA 91601
    • $1,469,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 19511992
    Price Reduced
    UPDATED: 8 min ago
    $1,469,000
    • 6
      BEDS
    • 0.2
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 2,719
      SQFT
    • $540
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:

    School Ratings & Info

    Description

    8808 SQUARE FOOT LOT. 5 UNIT VALLEY VILLAGE INVESTMENT TO ADD TO YOUR PORTFOLIO IS NOW AVAILABLE. FOUR , ONE BEDROOM 1 BATH UNITS. ONE, TWO BEDROOM, ONE BATH UNIT. FIVE INDIVIDUAL GARAGES! ALLEY ACCESS. SOUTH OF MAGNOLIA. THIS 1940'S CHARMER IS ALWAYS RENTED AND RENTS SHOULD BE ADJUSTED UP.REAR UNIT ABOVE GARAGES. CLOSE TO ALL FREEWAYS. WALKING DISTANCE TO SCHOOLS. UNITS SHOWN WITH ACCEPTED OFFER ONLY. TWO OF THE 5 GARAGES ARE NOT RENTED TO ANYONE, CHANCE FOR MORE INCOME! TWO BEDROOM UNIT IS VACANT AND WILL REMAIN SO FOR NEW OWNER! SELLER MAY CARRY WITH 50% DOWN!!

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    Based on information from CARETS as of 2019-10-21T19:52:24.2. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.haciendagroupinc.com/homes/99062080

    5119 Colfax Avenue North Hollywood, CA 91601

    • Price: $1,469,000
    • Status: Active
    • Updated: 8 min ago
    • MLS #: 19511992
    6
    Beds
    5
    Baths
    0
    ½ Baths
    0.2
    Acres
    2,719
    SQFT
    $540
    $/SQFT
    1946
    Built
    Neighborhood:
    Valley Village (Vvl)
    County:
    Los Angeles
    Area:
    Valley Village (Vvl)
    Property Description
    8808 SQUARE FOOT LOT. 5 UNIT VALLEY VILLAGE INVESTMENT TO ADD TO YOUR PORTFOLIO IS NOW AVAILABLE. FOUR , ONE BEDROOM 1 BATH UNITS. ONE, TWO BEDROOM, ONE BATH UNIT. FIVE INDIVIDUAL GARAGES! ALLEY ACCESS. SOUTH OF MAGNOLIA. THIS 1940'S CHARMER IS ALWAYS RENTED AND RENTS SHOULD BE ADJUSTED UP.REAR UNIT ABOVE GARAGES. CLOSE TO ALL FREEWAYS. WALKING DISTANCE TO SCHOOLS. UNITS SHOWN WITH ACCEPTED OFFER ONLY. TWO OF THE 5 GARAGES ARE NOT RENTED TO ANYONE, CHANCE FOR MORE INCOME! TWO BEDROOM UNIT IS VACANT AND WILL REMAIN SO FOR NEW OWNER! SELLER MAY CARRY WITH 50% DOWN!!
    Exterior Features

    Covered Spaces Total 5 Exterior Construction Stucco Parking Features Covered ParkingPrivate Garage Parking Spaces Total 5 Parking Type Garage - 4+ Doors

    Interior Features

    Cooling Type Air ConditioningWall Or Window UnitsOther Heating Fuel Natural Gas Heating Type Floor FurnaceWall Heater Interior Features Other Kitchen Features Tile Counters Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bed01 2 Unit Number Of Bed02 1 Unit Number Of Bed03 1 Unit Number Of Bed04 1 Unit Number Of Bed05 1 Water Heaters YN Y

    Property Features

    Adjusted Gross Income 72816.00 Assessed Improvement Value 51727.00 Assessed Land Value 50046.00 Buyer Financing CashConventional Country United States Of America Expense Gardener 2500.00 Expense Insurance 4000.00 Expense Maintenance 2500.00 Expense Other 339.00 Expense Total Annual 13300.00 Expense Water 4000.00 Gross Operating Income 72816.00 Gross Rent Multiplier 20.00 Hoa YN N Legal Disclosures OtherRent Control Listing Terms Cash Lot Size Source Public Records Net Operating Income 59816.00 Number Of Buildings 2 Special Conditions Standard Sale Square Footage Source Public Records Unit Monthly Rent01 0.00 Unit Monthly Rent02 1326.00 Unit Monthly Rent03 1014.00 Unit Monthly Rent04 1222.00 Unit Monthly Rent05 806.00 Unit Projected Total Monthly Rent01 1800.00 Unit Projected Total Monthly Rent02 1400.00 Unit Projected Total Monthly Rent03 1400.00 Unit Projected Total Monthly Rent04 1400.00 Unit Projected Total Monthly Rent05 1400.00 Unit Total Monthly Rent01 1800.00 Unit Total Monthly Rent02 1275.00 Unit Total Monthly Rent03 957.00 Unit Total Monthly Rent04 1175.00 Unit Total Monthly Rent05 775.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 5 Zoning Lard1.5

    Listing provided courtesy of Bobby Stefano DRE#01310669 of Compass.


    Based on information from CARETS as of 2019-10-21T19:52:24.2. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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