Listing Agent: Olykayode Otitoloju      Broker/Office: Exclusive Realty Inc
5819 Cleon Avenue North Hollywood CA 91601
$ 2,350,000
  8   |    6   |    2975 Sq Feet

Listing ID

#26102649

Status

Active

Property Type

Single Family Residence

Property Style

Modern

County

Los Angeles

Year Built

2022

Days on website

10

Description
Turnkey North Hollywood investment! Built in 2022, this two-building triplex offers approx. 3,008 sq ft, 8 bedrooms, and 7 full / 2 half baths on a 6,602 sq ft lot (LAR1). Units: 4BD/3.5BA (1,599 sf), 3BD/3.5BA (1,113 sf), and 1BD/1BA (296 sf). Modern exterior, coffered ceilings, quartz counters, tankless water heaters, split A/C, plus 4-car driveway. Excellent condition, no repairs needed. INCOME IN PLACE: master lease on all six units at 5813-5819 Cleon Ave, is $27,000/mo total, increase through year 6, then $29,700/mo; tenant pays utilities and maintains the units. Operating as a licensed recovery facility. BUYER TO ASSUME THE EXISTING LEASE. Near the 170 Fwy, schools, medical centers, and parks. Buyer to verify all information If 5817-5819 sells separately, tenant pays utilities and maintains the units..Rent: $27,000/month ($324,000/year) to one tenant, with a $27,000 security .deposit. These triplex is also good for traveling physician or Nurses with a freelance contract sponsored by their cooperation. 5813-5815 Cleon Ave, 5817-5819 Cleon Ave , Both together are, Living area of 3,420 sqft, & 3,008 sqft , with total of 6,428 sqft... 8 Bedrooms each , making 16 bedrooms total , Bathrooms 6 full + 2 half , 7 full + 2 half , 13 full + 4 half... 5813-5815;...Unit 1: 4 bd / 3 full + 1 half, 1,864 sf....Unit 2: 1 bd / 1 ba, 396sf...Unit 3: 3 bd / 2 full + 1 half, 1,160 sf...5817-5819:...Unit 1: 4 bd / 3 full + 1 half, 1,599 sf....Unit 2: 1 bd / 1 ba, 296 sf....Unit 3: 3 bd / 3 full + 1 half, 1,113 sf....
Location
Financial Information
List Price:  $ 2350000
Property Features
Appliances:  Dishwasher, Microwave, Oven
Fencing:  Invisible
Flooring:  Laminate, Tile
Furnished:  Furnished
Heating:  Central
Interior Features:  Furnished
Levels:  Two
Parking Features:  Carport, Driveway
Senior Community YN:  false
MLS Area Major:  NHO - North Hollywood
City:  North Hollywood
Senior Community YN:  false
Listed By:   Olykayode Otitoloju   Exclusive Realty Inc 
CA Lic#