North Hollywood CA  home offered at $5,800,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

6320 Beck Avenue
North Hollywood, California CA 91606-3670
Sold For: $5,800,000
Listing ID: 22185644
Price/SqFt: $457.92
Status: Closed
Sold Date: 10/14/2022
SqFt: 12,666 Sq Ft
Acres: 0.332 Acres
Year Built: 2018

6320 N. Beck Avenue is a recently constructed 12-unit apartment building. The property is located off Victory Blvd in the desirable neighborhood of North Hollywood. The building consists of all two-bedroom / two-bathroom units which average approximately 1,059 sqft each. The property is being marketed with very attractive assumable financing. The asset is not currently subject to Los Angeles Rent Stabilization or Statewide Rent Control due to year built. Key features include modern finishes (granite countertops, porcelain tiles, shaker cabinets, wood plank floors), stainless steel appliances and washer and dryers in each unit. Each unit is individually metered for gas and electric and the building is master metered for water. Tenants benefit from tankless water heaters that can be found on each unit's balcony. The property has 24 parking spaces with secure controlled entry. In addition, the building offers security entry with intercom network. 6320 N Beck Avenue is conveniently located ner shopping, dining, and public transportation. The building lies just over a mile from the Red Line and provides easy access to the 170, 5, and 101 freeways. The property is situated in proximity to the NOHO Arts District, Burbank Airport, University City, Victory-Vineland Recreation Center, Valley Plaza Park and North Hollywood Park.

Primary Features

County: Los Angeles
Price/SqFt: 457.92
Property Type: Residential Income
Year Built: 2018
Zoning: LAR3

Interior

Stories Total: 1

External

Lot Size Area: 14456
Lot Size Dimensions: 90x163
Lot Size Source: Other
Lot Size Square Feet: 14456
Number Of Buildings: 1
Parking: yes
Parking Total: 2

Location

Country: US
MLS Area Major: NHO - North Hollywood

Additional

Association: no
Days On Market: 43
List Agent State License: 01325901
List Office State License: 01972189
Lot Size Units: Square Feet
New Construction: no
Number Of Units Total: 12
Parcel Number: 2335025018
Senior Community: no
Year Built Source: Other

Financial

Cap Rate: 4
Gross Multiplier: 16.16
Gross Operating Income: 348209
Net Operating Income: 231845
Special Listing Conditions: Standard
Total Expenses: 116364

Zoning Info


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Listed by: DanielWithers, DRE #01325901 from Matthews Real Estate Investment Services

Contact - Listing ID 22185644

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

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