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5619 Willowcrest Avenue

North Hollywood, CA 91601
  • $1,245,000
  • STATUS: Active
  • ON SITE: 196 Days
  • MLS #: SR24198978
UPDATED: 38 min ago
$1,245,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Listing Agent(s): John Labick of RE/MAX Gateway (661-702-4900)


Description

This stunning 4-plex is situated in a prime location where neighboring properties have been beautifully renovated to add second stories, significantly boosting their value. With the area undergoing exciting development projects, this property presents a unique chance to capitalize on the upward trend of the neighborhood. Each unit offers comfortable living spaces and ample natural light, making it ideal for attracting tenants.Enjoy the convenience of being close to vibrant shopping and dining options, all while benefiting from the ongoing revitalization in the community. Dont miss out on this exceptional opportunity to invest in a property with incredible potential for appreciation. Act fast"this gem won't last long!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T18:35:31.163. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/156756686
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5619 Willowcrest Avenue North Hollywood, CA 91601

  • Price: $1,245,000
  • Status: Active
  • On Site: 196 Days
  • Updated: 38 min ago
  • MLS #: SR24198978
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1949
Built
Neighborhood:
NHO - North Hollywood
County:
Los Angeles
Area:
NHO - North Hollywood
Property Description
This stunning 4-plex is situated in a prime location where neighboring properties have been beautifully renovated to add second stories, significantly boosting their value. With the area undergoing exciting development projects, this property presents a unique chance to capitalize on the upward trend of the neighborhood. Each unit offers comfortable living spaces and ample natural light, making it ideal for attracting tenants.Enjoy the convenience of being close to vibrant shopping and dining options, all while benefiting from the ongoing revitalization in the community. Dont miss out on this exceptional opportunity to invest in a property with incredible potential for appreciation. Act fast"this gem won't last long!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Front Yard Number Of Separate Electric Meters 4 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Contingency Sellers are willing to offer credits and/or price reduction if property is purchased with tenants in place. Garage YN Yes Gross Income 50000 Gross Scheduled Income 50000 Insurance Expense 1500 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 45000 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 4600 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1225 Water Sewer Expense 2000 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T18:35:31.163. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): John Labick of RE/MAX Gateway (661-702-4900)