NOT LISTED FOR SALE

5425 Willowcrest Ave North Hollywood, CA 91601

North Hollywood Neighborhood

Estimated Value: $1,080,000 - $1,592,618

5 Beds
3 Baths
1,800 Sq Ft
$697/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $1,060,000 $589 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,998/month

62 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Valley View
  • Laundry Room
  • Property is near a park
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2018

TRIPLEX In NOHO Arts District. FULLY OCCUPIED! 5% CAP! TOLUCA LAKE ADJACENT! SOUTH OF BURBANK! Gross Annual Rents Are $70,128. The 3 units consist of (one) 2 bed / 1 bath and (two) 1 bed / 1 bath. There is a potential for upside with one of the 1 bed units that's currently collecting $1,494/month. The other 1 bed unit is currently rented for $1,850/month. The 2 bed front unit is currently rented for $2,500/month. Located in the Most Desirable Pocket of North Hollywood, This Investment Property is Perfect for Just Sitting Back and Collecting Rents. Luxuriously Updated Units with Privately Fenced Yard And Enclosed Patio. Each Unit has its Own Yard and Outdoor Space for Personal Gardening Touches. Washer and Dryer are Located in a Separate Enclosure on the Side of the Property for Access. All tenants have signed a lease agreement with strong security deposits. Newer Copper Plumbing and Roof with virtually no maintenance! Great Investment Opportunity with Minimal Up-Keep!

Last Agent to Sell the Property

Nav Kohan

Agency One Realty, Inc. License #01892200 Listed on: 11/01/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,545

Year Built

  • Built in 1949

Lot Details

  • 6,000 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Triplex

Interior Spaces

  • 1,800 Sq Ft Home
  • Valley Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • All Bedrooms Down
  • 3 Full Bathrooms

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 10203
  • Assessor Parcel Number 2416021010

Community Details

Overview

  • No Home Owners Association
  • Valley

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,545

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 2416021010
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1800.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 588.89
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Valley
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 6000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1253.10
  • Tax Lot: 10
  • Tax Tract Number: 10203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Jan 30, 2018
Sold by
Ying Thomas
Bought by
Thy Properties 91601 Llc
Seller's Agent
Nav Kohan
Agency One Realty, Inc.
List Price
$1,099,000
Sold Price
$1,060,000
Premium/Discount to List
-$39,000
-3.55%
Current Estimated Value
$1,422,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,000
Avg. Annual Appreciation
3.79%
Original Mortgage
$742,000
Outstanding Balance
$617,275
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$785,169

Purchase Details

Listed on
Nov 1, 2017
Closed on
Jan 11, 2018
Sold by
Knl Holdings Llc
Bought by
Ying Thomas
Seller's Agent
Nav Kohan
Agency One Realty, Inc.
List Price
$1,099,000
Sold Price
$1,060,000
Premium/Discount to List
-$39,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,000
Outstanding Balance
$617,275
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$785,169

Purchase Details

Closed on
Oct 13, 2017
Sold by
Jay Family Inc
Bought by
Knl Holdings Llc

Purchase Details

Listed on
Sep 15, 2016
Closed on
Oct 13, 2016
Sold by
Giccatti Jennifer C
Bought by
Jay Family Inc
Seller's Agent
Richard Benavides
Exclusive Estate Properties Inc
Buyer's Agent
Neal Adler
Coldwell Banker Realty
List Price
$649,000
Sold Price
$612,500
Premium/Discount to List
-$36,500
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%

Purchase Details

Closed on
May 28, 2011
Sold by
Giccatti Jennifer C
Bought by
Giccatti Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,500
Interest Rate
4.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Thy Properties 91601 Llc -- Accommodation
Ying Thomas -- Progressive Title Company
Ying Thomas $1,060,000 Progressive Title Company
Knl Holdings Llc -- None Available
Jay Family Inc $612,500 Progressive Title
Giccatti Jennifer C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ying Thomas $742,000
Previous Owner Jay Family Inc $398,000
Previous Owner Giccatti Jennifer C $318,200
Previous Owner Giccatti Jennifer C $321,500
Previous Owner Giccatti Jennifer C $100,000
Previous Owner Giccatti Jennifer C $217,000
Previous Owner Giccatti Jennifer C $75,000
Previous Owner Giccatti Jennifer C $40,000
Previous Owner Giccatti Jennifer C $144,392
Previous Owner Giccatti Jennifer C $147,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2018 02/02/18 Sold $1,060,000 -3.5% $589 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $1,099,000 0.0% $611 / Sq Ft
05/05/2017 05/05/17 Rented $2,500 +8.7% --
05/03/2017 05/03/17 Under Contract -- -- --
02/04/2017 02/04/17 For Rent $2,300 0.0% --
12/05/2016 12/05/16 Sold $612,500 -5.6% $358 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $649,000 -- $379 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,545 $1,206,093 $978,530 $227,563
2024 $14,545 $1,182,445 $959,344 $223,101
2023 $14,263 $1,159,261 $940,534 $218,727
2022 $13,600 $1,136,532 $922,093 $214,439
2021 $13,435 $1,114,248 $904,013 $210,235
2020 $13,572 $1,103,064 $894,744 $208,320
2019 $13,033 $1,081,440 $877,200 $204,240
2018 $7,708 $624,990 $408,000 $216,990
2016 $1,076 $79,956 $35,917 $44,039
2015 $1,062 $78,756 $35,378 $43,378
2014 $1,085 $77,214 $34,685 $42,529
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nav Kohan

    Agency One Realty, Inc.

    (818) 338-1100

    2 in this area

    7 Total Sales

    Section Image

  • A

    Seller's Agent in 2017

    Alex Mehdiani

    California Prime Realty, Inc.

    (818) 252-8552

    1 Total Sale

    Section Image
  • Terilynn Medrano

    Buyer's Agent in 2017

    Terilynn Medrano

    Keller Williams Realty Calabasas

    (818) 264-6061

    4 Total Sales

    Section Image

  • R

    Seller's Agent in 2016

    Richard Benavides

    Exclusive Estate Properties Inc

    Section Image
  • Neal Adler

    Buyer's Agent in 2016

    Neal Adler

    Coldwell Banker Realty

    (818) 761-7222

    13 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17248863

California Regional Multiple Listing Service (CRMLS)

APN: 2416-021-010

California Los Angeles County North Hollywood 91601 North Hollywood

5425 Willowcrest Ave, North Hollywood, CA

This home is located at 5425 Willowcrest Ave, North Hollywood, CA 91601 since 01 November 2017 and is currently estimated at $1,254,655, approximately $697 per square foot. This property was built in 1949. 5425 Willowcrest 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.

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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