NOT LISTED FOR SALE

5328 Riverton Ave North Hollywood, CA 91601

North Hollywood Neighborhood
13 Beds
17 Baths
9,395 Sq Ft
7,991 Sq Ft Lot

Last Sold September 02, 2016

Last sale price $2,640,000 $281 Per Sq Ft

9 Days on Market

About This Home

As of September 2016

Exciting value-add opportunity! We're pleased to present this 10-unit apartment building in NoHo Arts District of North Hollywood. The property is NOT subject to rent control (1991-construction) and meets the newly mandated soft-story requirement. Presented CAP rate is based on pro-forma rents. All upstairs units are loft-style with high ceilings and ample closet space. The bachelor unit is a guest room - COO 9 units + guest room. Tenants enjoy privacy and tranquility while being walking distance to shops, restaurants and everything this trendy area has to offer. Sold in AS IS condition.

Last Agent to Sell the Property

Andrea Lamberger

Keller Williams Studio City License #01869860 Listed on: 08/17/2016

Keller Williams Studio City

Last Buyer's Agent

Andrea Lamberger

Keller Williams Hollywood Hills License #01869860

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 7,991

Interior Spaces

  • 9,395 Sq Ft Home
  • 3-Story Property
  • Built-In Features

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 17 Bathrooms

Parking

  • 16 Parking Spaces
  • Assigned Parking

Additional Features

  • 7,991 Sq Ft Lot
  • Central Heating

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 2416-023-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 9395
  • Stories: 3
  • Year Built: 1991
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 17.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 318.79

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 16

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 352190
  • Assessed Land Value: 234791
  • Assessor Parcel Number: 2416-023-026
  • Geocode Override: No
  • Lot Size Area: 7991

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 12.20
  • Number Of Units: 10
  • Rent Control: 0
  • Total Annual Expense: 86400
  • Type Of Units: Apartments
  • Vacancy Rate: 40

Range of Values:

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Average Value
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List Price
Sold Price
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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
09/02/2016 09/02/16 Sold $2,640,000 -11.9% $281 / Sq Ft
08/17/2016 08/17/16 For Sale $2,995,000 -- $319 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrea Lamberger

    Seller's Agent in 2016

    Andrea Lamberger

    Keller Williams Studio City

    (310) 623-1300

    Andrea Lamberger
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Map

Source: The MLS

MLS Number: 16-154260

The MLS
California Los Angeles County North Hollywood 91601 North Hollywood

5328 Riverton Ave, North Hollywood, CA

This home is located at 5328 Riverton Ave, North Hollywood, CA 91601 since 17 August 2016. This property was built in 1991. 5328 Riverton Ave 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.

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