NOT LISTED FOR SALE

6050 Coldwater Canyon Ave Los Angeles, CA 91606

Valley Glen Neighborhood
6 Beds
4 Baths
5,974 Sq Ft
0.33 Acres

Last Sold July 09, 2019

Last sale price $2,340,000 $392 Per Sq Ft

125 Days on Market

Highlights

  • Private Pool
  • 0.33 Acre Lot
  • Laundry Room
  • Ulysses S. Grant Senior High School Rated A-

About This Home

As of July 2019

We are proud to represent this 8-unit apartment building in North Hollywood.
The building was constructed in 1957. Its unit mix consists of (6) one-bedroom, one-bathroom units, (2) two-bedroom, one-bathroom units, (1) three-bedroom, two bathroom units, and (1) non-conforming single. With a lot size of 14,379 square feet, the property has a total of 5,974 rentable square feet. The property is a 8 unit apartment building that faces Coldwater Canyon and the single family home faces Alcove.
North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This makes North Hollywood a smart place to invest.
The property is separately metered for gas and electricity.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 01/23/2019

Equity Union

Last Buyer's Agent

Cindy Hill

Equity Union License #00885625 Listed on: 01/23/2019

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.33 Acre Lot
  • 1 Common Wall

Home Design

  • 5,974 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Private Pool
  • Suburban Location

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 1000
  • Assessor Parcel Number 2332030025

Community Details

Overview

  • 2 Buildings
  • 9 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 9 Separate Water Meters
  • Electric Expense $2,400
  • Fuel Expense $2,400
  • Insurance Expense $2,390
  • Trash Expense $3,000
  • Water Sewer Expense $2,400
  • New Taxes Expense $32,438
  • Operating Expense $52,151
  • Gross Income $170,982
  • Net Operating Income $118,831

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 2332030025
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 391.70

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14380.00
  • Lot Size Acres: 0.3301

Multi Family

  • Electric Expense: 2400.00
  • Fuel Expense: 2400.00
  • Gross Income: 170982.00
  • Gross Scheduled Income: 170982.00
  • Insurance Expense: 2390.00
  • Lot Size Area: 14380.0000 Square Feet
  • Net Operating Income: 118831.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9
  • Number Of Units Total: 9
  • Operating Expense: 52151.00
  • Rent Control: No
  • Total Expenses: 52151.00

Tax Info

  • New Taxes Expense: 32438.00
  • Tax Census Tract: 1237.00
  • Tax Lot: 47
  • Tax Tract Number: 1000

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
07/09/2019 07/09/19 Sold $2,340,000 -9.8% $392 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $2,595,000 -- $434 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19017087

California Regional Multiple Listing Service (CRMLS)