5423-5425 Willowcrest Ave, North Hollywood, CA 91601
3 Unit Apartment Building | $1,195,000 ($398,333/Unit) | 3.83% Cap Rate | North Hollywood, CA 91601
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 7 days
Asking Price $1,195,000
- Property Type
-
Multifamily
- Square Feet
- 1,800 SF
Listing Contacts
Ken Dennis
Verified Profile
Will Tiao
Verified Profile
- Property Info
Property Overview
Welcome to 5425 Willowcrest Ave in North Hollywood's coveted Toluca Terrace, where modern living meets prime location convenience. This triplex presents a rare opportunity for discerning investors or those seeking to live in one of LA's most vibrant neighborhoods. The property features a vacant and spacious 2 bedroom / 1 bath house in front of a duplex consisting of two charming 1 bedroom, 1 bathroom units. Each residence exudes contemporary appeal with numerous upgrades including luxury wood vinyl plank flooring, sleek granite countertops, and essential modern amenities such as s dishwasher and A/C. Beyond its stylish interiors, this triplex boasts a strategic location next to the Chandler bike path, offering easy access to Warner Bros. Studios, Disney Headquarters, and Universal Studios. Enjoy the eclectic dining and arts scene of the NoHo Arts District, the tranquility of Toluca Woods/Toluca Lake area. Easy access to travel with the nearby Hollywood/Burbank Airport, 5/134/101 freeways.
Property Details
- Class
- C
- Year Built
- 1949
- Stories
- 1
- Lot Size (sq. ft)
- 6,098 SF
- Units
- 3
Highlights
- Coveted Toluca Terrace, where modern living meets prime location
- Vacant 2 bed / 1 bath front house
- Rear duplex consisting of two charming 1 bed / 1 bath units
- Numerous upgrades including luxury wood vinyl plank flooring, sleek granite countertops, and essential modern amenities such as s dishwasher and AC
- Next to the Chandler bike path and easy access to Warner Bros. Studios, Disney Headquarters, and Universal Studios
- Easy access to travel with the nearby Hollywood/Burbank Airport, 5/134/101 freeways
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