NOT LISTED FOR SALE

6716 Lemp Ave North Hollywood, CA 91606

North Hollywood Neighborhood
11 Beds
6 Baths
3,734 Sq Ft
6,753 Sq Ft Lot

Last Sold September 24, 2015

Last sale price $785,000 $210 Per Sq Ft

31 Days on Market

About This Home

As of September 2015

Please note: the address on the front of the building is 6714 Lemp Avenue

Two buildings, 4 units in front, all two bedrooms/one bath units and in back a three bedroom/two bath house!!
There are 2 parking spaces off the driveway and room for 4 cars in the back.
This property is a great opportunity for an investor or an owner/occupier. Live in the back and collect the rent from the 4 units!!!
House built in 1940. Units built in 1960.

Laundry room is currently for owner's use only but easily converted to coin and new source of income!

Last Agent to Sell the Property

Katherine Andrusco

Andrusco Realty License #01225734 Listed on: 07/21/2015

Last Buyer's Agent

Shawn Mehrannia

Home Team Realty License #01874025

Home Team Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,753 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot

Home Design

  • 3,734 Sq Ft Home

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Parking Lot
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 11
  • Tax Tract Number 6346
  • Assessor Parcel Number 2320015009

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,235
  • Water Sewer Expense $3,100
  • New Taxes Expense $9,363
  • Gross Income $3,807
  • Net Operating Income $31,386

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3100.00
  • Property Type: Residential Income
  • Parcel Number: 2320015009
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 210.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Parking Space
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level, Rectangular Lot, Lot 6500-9999
  • Lot Size Sq Ft: 6753.00
  • Price Per Lot Square Foot: 116.24
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3807.00
  • Gross Scheduled Income: 45684.00
  • Insurance Expense: 1235.00
  • Lot Size Area: 6753.0000 Square Feet
  • Net Operating Income: 31386.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 14298.00
  • Other Income Description: pro forma house $1800 per mnth
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 9363.00
  • Tax Lot: 11
  • Tax Tract Number: 6346

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2015 09/24/15 Sold $785,000 +4.8% $210 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $749,000 -- $201 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Katherine Andrusco

    Andrusco Realty

    (818) 209-7113

    1 in this area

    7 Total Sales

    Katherine Andrusco
    Section Image
  • Shawn Mehrannia

    Buyer's Agent in 2015

    Shawn Mehrannia

    Home Team Realty

    (213) 804-7177

    2 in this area

    56 Total Sales

    Shawn Mehrannia
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15138621

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County North Hollywood 91606 North Hollywood

6716 Lemp Ave, North Hollywood, CA

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

Nearby Homes