NOT LISTED FOR SALE

5242 Cahuenga Blvd North Hollywood, CA 91601

North Hollywood Neighborhood
6 Beds
6 Baths
4,422 Sq Ft
6,252 Sq Ft Lot

Last Sold December 26, 2017

Last sale price $1,449,000 $328 Per Sq Ft

6 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2017

Great investment opportunity in the up-and-coming NoHo Arts District near Studio City! This 8 unit apartment building offers a great unit mix of four studio, two 1+1, one 2+2 and one 3+2 units. The property has copper plumbing and new vinyl windows.
Close to Metro station, restaurants and shops. DO NOT DISTURB TENANTS. INTERIOR INSPECTION WITH ACCEPTED OFFERS ONLY...

Last Agent to Sell the Property

Nubar Garibyan

SoCal Real Estate Services License #01101586 Listed on: 09/08/2017

Co-Listed By

Angie Garibyan

SoCal Real Estate Services License #00984430

Last Buyer's Agent

Aram Davtyan

SoCal Real Estate Services License #01726280

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,252 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Home Design

  • Property Attached
  • Asphalt Roof

Interior Spaces

  • 4,422 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 1230
  • Assessor Parcel Number 2417004011

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,566
  • Fuel Expense $300
  • Insurance Expense $1,385
  • Trash Expense $1,344
  • Water Sewer Expense $3,500
  • New Taxes Expense $17,272
  • Operating Expense $34,230
  • Gross Income $101,796
  • Net Operating Income $64,566

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3500.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2417004011
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 327.68

Exterior Features

  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Outside
  • Sewer: Public Sewer
  • Trash Expense: 1344.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 6252.00

Multi Family

  • Average1 Bed Area: 625 Square Feet
  • Average2 Bed Area: 850 Square Feet
  • Average3 Bed Area: 950 Square Feet
  • Average Studio Area: 325 Square Feet
  • Electric Expense: 3566.00
  • Fuel Expense: 300.00
  • Gross Income: 101796.00
  • Gross Operating Income: 98796.00
  • Gross Scheduled Income: 99996.00
  • Insurance Expense: 1385.00
  • Laundry Income: 1800.00
  • Net Operating Income: 64566.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 34230.00
  • Operating Expense Percent: 34.00
  • Rent Control: Yes
  • Total Expenses: 34230.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 17272.00
  • Tax Census Tract: 1253.10
  • Tax Lot: 12
  • Tax Tract Number: 1230

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2017 12/26/17 Sold $1,449,000 0.0% $328 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $1,449,000 -- $328 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nubar Garibyan

    Seller's Agent in 2017

    Nubar Garibyan

    SoCal Real Estate Services

    (818) 368-8778

    1 in this area

    24 Total Sales

    Nubar Garibyan
    Section Image

  • A

    Seller Co-Listing Agent in 2017

    Angie Garibyan

    SoCal Real Estate Services

    (818) 599-5224

    1 in this area

    32 Total Sales

    Angie Garibyan
    Section Image

  • A

    Buyer's Agent in 2017

    Aram Davtyan

    SoCal Real Estate Services

    (818) 763-9600

    2 Total Sales

    Aram Davtyan
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17209542

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County North Hollywood 91601 North Hollywood

5242 Cahuenga Blvd, North Hollywood, CA

This home is located at 5242 Cahuenga Blvd, North Hollywood, CA 91601 since 08 September 2017. This property was built in 1964. 5242 Cahuenga Blvd is a home located in Los Angeles County with nearby schools including Toluca Lake Elementary School, Walter Reed Middle, and East Valley Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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