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6045 Craner Avenue, North Hollywood, CA 91606

Commercial property · 2 recorded sales since 2018

6045 Craner Avenue, North Hollywood, CA 91606 Sold March 2018 CRMLS
$1,720,000Sold March 2018

Listing Agent: Gloria Rasidakis (DRE #01495836) · Listing Office: Coldwell Banker Greater Valley · Contact: 818-360-3430 · Bought with: Gloria Rasidakis · Coldwell Banker Greater Valley · MLS #SR17104868 · Source: CRMLS

8,488
Building Sq Ft
10
Units
$77,520
NOI
9,518 sqft
Lot Size
1964
Year Built
Commercial property
Type

How this sale compares

6045 Craner Avenue sold for $1,720,000 in March 2018, 12% under its $1,950,000 list price, after 231 days on the market.

231
Days on market
−12%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

Description

Opportunity is knocking!!! First time on the market since 1972 by a retired couple. In the Heart of North Hollywood walking distance to NOHO district. Very well maintained 10 Units Apartment Building offers 2 units that are 3 bedrooms and 2 bathrooms, 1 unit 2 bedrooms and 2 bathrooms, 5 units that are 1 bedroom and 1 bathroom and 2 that are studios/singles. Each unit has separate electric and gas meters, owner operator coin laundry with two washers and dryers for the convenience of the tenants, brand new commercial water heater, In spite it being a rent control property it has very good annual income $99,036.00 and has the potential can go up to $178,200, the building is located across the street from the elementary school, very close to Metro Line, NOHO District, Burbank and Glendale Malls and 101, 134 and 170 freeways

Listing description from the March 2018 sale, as reported to CRMLS.

Sale history

$1,720,000
Sold March 2018 · listed $1,950,000, on market May 2017, 231 days on market · MLS #SR17104868 · Source: CRMLS
Listing Agent: Gloria Rasidakis · Listing Office: Coldwell Banker Greater Valley · Contact: 818-360-3430 · Bought with: Gloria Rasidakis · Coldwell Banker Greater Valley
$1,720,000
Sold March 2018 · listed $1,950,000, on market May 2017, 231 days on market · MLS #SR17104927 · Source: CRMLS
Listing Agent: Gloria Rasidakis · Listing Office: Coldwell Banker Greater Valley · Contact: 818-360-3430 · Bought with: Gloria Rasidakis · Coldwell Banker Greater Valley
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