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    11637 Burbank Boulevard

    North Hollywood, CA 91601
    • $2,699,000
    • STATUS: Active
    • ON SITE: 121 days
    • ID#: SR20095519
    UPDATED: 53 min ago
    $2,699,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    WAY BELOW MARKET! OFFERING A BRAND NEW 2020 FOURPLEX WITH A CAP RATE of 5.8! The spacious floor plans that this building has makes it ideal for a new owner to lease out the building. The largest floor plan is a 4 bed/4 bath, attached garage, inside laundry area with a separate bedroom and bathroom on the first floor is ideal for an office/Den/home gym with its own private entrance ( Bldg. Sq. ft - Per Cert of Occupancy states 4,160 sq.ft). The other 2 units, comprised of 3 bed/3 baths, two car attached garage, laundry area, open living room and kitchen area, exceptionally designed for today's lifestyle will be loved by all. All of these units have a private bathroom in each of the bedrooms, balconies and large closets. FEATURES include, separate meters for gas, water and electricity, tank less water heaters, stainless steel appliances and a low maintenance landscaping (Bldg. sq.ft. per Cert. of Occupancy -states 3,687 sq.ft)Easily accessible to all major highways, adjacent Valley Village, minutes to Studio city, Sherman Oaks, Encino, Los Angeles Valley College and to the upcoming NOHO Mall.

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    Based on information from CRISNet MLS as of 2020-09-18T09:56:01.523. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-18T09:56:01.523. 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.
    www.lydiagable.com/homes/106039340
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    11637 Burbank Boulevard North Hollywood, CA 91601

    • Price: $2,699,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: SR20095519
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2020
    Built
    Neighborhood:
    Nho - North Hollywood
    County:
    Los Angeles
    Area:
    Nho - North Hollywood
    Property Description
    WAY BELOW MARKET! OFFERING A BRAND NEW 2020 FOURPLEX WITH A CAP RATE of 5.8! The spacious floor plans that this building has makes it ideal for a new owner to lease out the building. The largest floor plan is a 4 bed/4 bath, attached garage, inside laundry area with a separate bedroom and bathroom on the first floor is ideal for an office/Den/home gym with its own private entrance ( Bldg. Sq. ft - Per Cert of Occupancy states 4,160 sq.ft). The other 2 units, comprised of 3 bed/3 baths, two car attached garage, laundry area, open living room and kitchen area, exceptionally designed for today's lifestyle will be loved by all. All of these units have a private bathroom in each of the bedrooms, balconies and large closets. FEATURES include, separate meters for gas, water and electricity, tank less water heaters, stainless steel appliances and a low maintenance landscaping (Bldg. sq.ft. per Cert. of Occupancy -states 3,687 sq.ft)Easily accessible to all major highways, adjacent Valley Village, minutes to Studio city, Sherman Oaks, Encino, Los Angeles Valley College and to the upcoming NOHO Mall.
    Exterior Features

    Architectural Style Contemporary Carport Spaces 0.00 Fence YN Yes Fencing Excellent ConditionPrivacyRedwoodSee Remarks Foundation Details See Remarks Levels Three Or MoreMulti/Split Lot Features 0-1 Unit/Acre Lot Size Area 6547.0000 Parking Features CoveredDirect Garage Access Parking Total 10.00 Parking YN Yes Road Frontage Type City Street Road Surface Type MaintainedPaved Roof See Remarks Uncovered Spaces 2.00

    Interior Features

    Appliances DishwasherEnergy Star Qualified AppliancesEnergy Star Qualified Water HeaterMicrowaveTankless Water Heater Appliances YN Yes Common Walls 1 Common Wall Cooling Central AirEnergy Star Qualified Equipment Cooling YN Yes Door Features Energy Star Qualified DoorsSliding Doors Fireplace Features None Fireplace YN No Flooring Concrete Heating Central Heating YN Yes Interior Features Granite CountersHigh CeilingsOpen FloorplanRecessed Lighting Laundry Features In GarageInside Laundry YN Yes Room Type All Bedrooms DownAll Bedrooms UpKitchenLaundryLiving RoomMulti-Level BedroomTwo Masters

    Property Features

    Accessibility Features None Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Suburban Electric Expense 47.00 Fuel Expense 0.00 Gross Income 198000.00 Gross Multiplier 13.32 Gross Operating Income 198000.00 Gross Scheduled Income 198000.00 Insurance Expense 3300.00 Land Lease YN No Net Operating Income 155602.00 New Construction YN Yes New Taxes Expense 31038.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 42398.00 Pool Features None Pool Private YN No Property Attached YN Yes Property Condition Turnkey Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection SystemFire Sprinkler System Senior Community YN No Sewer Public Sewer Spa Features None Spa YN No Special Listing Conditions Standard Tenant Pays All Utilities Total Expenses 34475.50 Trash Expense 45.00 Utilities Sewer Connected Water Sewer Expense 45.00 Water Source Public

    Listing provided courtesy of Glenda Martinez, CA DRE# 01520768, of Pinnacle Estate Properties, Inc..


    Based on information from CRISNet MLS as of 2020-09-18T09:56:01.523. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-18T09:56:01.523. 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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    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377