REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Brent A Hawker • Brent Andrew Hawker Broker
$ 1,050,000
Est. payment /mo
Price Dropped by $192K
5841 Tujunga Avenue North Hollywood, CA 91601
4 Beds
4 Baths
2,890 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,890 sqft
Price per Sqft $363
MLS Listing ID 225004537
Bedrooms 4
Full Baths 4
Year Built 1941
Lot Size 7,554 Sqft
Source Conejo Simi Moorpark Association of REALTORS®
Property Description
Amazing Fourplex! (Note: Primary Pic is an A.I. Simulation of exterior remodel, current condition pic in the photos). The property has benefited from substantial capital improvements over time, with most units featuring meaningful interior updates including modernized kitchens, remodeled bathrooms, upgraded flooring, recessed LED lighting, and efficient mini-split HVAC systems. The remaining improvements present a clear opportunity for a new owner to further enhance value while increasing rental income. Incredible 8.65 CAP Rate possible! Close to everything and just north of trendy Studio City with ideal dinning and shopping amenities without the Studio City Price. Great investment opportunity, Huge upside for improved rents. All units currently month-to-month. Everything major has been recently renewed in all units, including new roof, copper plumbing, electrical, (all units feature recessed LED lights), newer meters, newer flooring in ALL rooms, bathrooms totally redone with newer tube and tile enclosures, Newer AC units, Dual pane on half the units. Some units do need new cabinets. Parking in back of unit with garages. There are no monthly expenses paid by owner, per owner other than property taxes, Tenants cover everything including water. Ready for the Olympics?
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Flooring Ceramic Tile, Laminated, Stone Tile
Exterior
Garage Spaces 4.0
View Y/N No
Building
Story 1