5619 Willowcrest Ave North Hollywood, CA 91601
North Hollywood NeighborhoodEstimated payment $8,075/month
Total Views
6,804
5
Beds
--
Bath
2,415
Sq Ft
$516
Price per Sq Ft
Highlights
- No HOA
- Front Yard
- 5-minute walk to Whitnall Off-Leash Dog Park
- Laundry Room
- 1-Story Property
About This Home
This stunning 4-plex is situated in a prime location where neighboring properties have been beautifully renovated to add second stories, significantly boosting their value. With the area undergoing exciting development projects, this property presents a unique chance to capitalize on the upward trend of the neighborhood. Each unit offers comfortable living spaces and ample natural light, making it ideal for attracting tenants.
Enjoy the convenience of being close to vibrant shopping and dining options, all while benefiting from the ongoing revitalization in the community. Don’t miss out on this exceptional opportunity to invest in a property with incredible potential for appreciation. Act fast—this gem won't last long!
Listing Agent
RE/MAX Gateway Brokerage Phone: 661-212-1339 License #01991075 Listed on: 10/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,101
Year Built
- Built in 1949
Lot Details
- 5,910 Sq Ft Lot
- No Common Walls
- Front Yard
Parking
- 3 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 5 Bedrooms
- 2,415 Sq Ft Home
- 1-Story Property
- Laundry Room
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 10182
- Assessor Parcel Number 2415022009
- $417 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Trash Expense $1,225
- Water Sewer Expense $2,000
- Operating Expense $4,725
- Gross Income $50,000
- Net Operating Income $45,000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $15,101 | $1,248,480 | $925,956 | $322,524 |
| 2024 | $15,101 | $1,224,000 | $907,800 | $316,200 |
| 2023 | $14,810 | $1,200,000 | $890,000 | $310,000 |
| 2022 | $6,270 | $502,752 | $223,636 | $279,116 |
| 2021 | $6,185 | $492,895 | $219,251 | $273,644 |
| 2019 | $6,005 | $478,278 | $212,749 | $265,529 |
| 2018 | $5,911 | $468,901 | $208,578 | $260,323 |
| 2016 | $5,635 | $450,695 | $200,480 | $250,215 |
| 2015 | $5,555 | $443,926 | $197,469 | $246,457 |
| 2014 | $5,597 | $435,231 | $193,601 | $241,630 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Price Changed | $1,245,000 | -0.4% | $516 / Sq Ft |
| 10/15/2024 10/15/24 | For Sale | $1,250,000 | +4.2% | $518 / Sq Ft |
| 08/23/2022 08/23/22 | Sold | $1,200,000 | -5.9% | $497 / Sq Ft |
| 07/12/2022 07/12/22 | Pending | -- | -- | -- |
| 05/27/2022 05/27/22 | For Sale | $1,275,000 | 0.0% | $528 / Sq Ft |
| 05/19/2022 05/19/22 | Pending | -- | -- | -- |
| 04/22/2022 04/22/22 | For Sale | $1,275,000 | -- | $528 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,200,000 | New Title Company Name | |
| Quit Claim Deed | -- | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $840,000 | New Conventional | |
| Previous Owner | $305,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $57,000 | Unknown | |
| Previous Owner | $288,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24198978
APN: 2415-022-009
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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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