6613 Irvine Avenue

North Hollywood, CA 91606

$1,575,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $264 / sqft

1961

calendar_month Built

Property Description

We are pleased to present an exceptional property opportunity suitable for a 1031 exchange. Nestled within the desirable North Hollywood area, this income property comprises seven units that offer lucrative investment potential. Comprising five spacious 2-bedroom units boasting one bath each, and two generously-sized 3-bedroom units featuring two baths, this property caters to a diverse range of tenants. The units are designed to provide comfortable living spaces, offering ample room for residents to enjoy. Should you require further information regarding this property, we encourage you to contact us. Additionally, offers are kindly requested to be made contingent upon a thorough interior inspection. With its prime location and impressive unit composition, this property promises to be an excellent addition to any real estate portfolio. Do not miss this opportunity to own a remarkable income property in the vibrant North Hollywood area. Some latest upgrades and improvements, is a brand-new 2nd story walkway, providing convenient access throughout the building. The railing on the 2nd floor has been meticulously repaired, prioritizing safety and enhancing the property's overall aesthetic appeal.Exterior painting has been recently redone. A modernized water heater, equipped with a recirculation pump, has been installed. This enhancement not only conserves water but also allows hot water to reach even the furthest apartments efficiently. In compliance with the city's regulations, all units have undergone retrofit compliance measures, ensuring that the property meets the latest safety standards. Additionally, the sewer line infrastructure beneath the property has been replaced.Moreover, trash management has been restructured, with each tenant assuming responsibility for their individual trash bills, which are now included in their respective electric bills. Notably, Units 2, 3, 6, and 7 have received an upgrade with the installation of new hardwood flooring.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Carpet, Laminate
Fireplace Information
Features None
Interior Information
Cooling Type None

Listing Information

Address 6613 Irvine Avenue
City North Hollywood
State CA
Zip 91606
County Los Angeles
Listing Agent Robert Pitts DRE#00917764
Courtesy Of Robert Pitts Estates
MLS 23307053
Close Price $1,575,000
Close Date Thursday, January 11th, 2024
Status Closed
Type Residential Income
Structure Size N/A
Lot Size 7,974
Year Built 1961
DOM 84

Exterior Information

Maps

Listing information courtesy of: Robert Pitts, Robert Pitts Estates . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 12th, 2024 at 4:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.