5749 Klump Avenue, North Hollywood, CA 91601

About this property

FULLY LEASED WITH WELL VETTED TENANTS. Luxury fourplex in the rapidly evolving neighborhood of North Hollywood. Enjoy an above average CAP rate of 5.86%! Property boasts side by side townhouse style units. Back duplex features two units of 4 ample bedrooms and 3 bathrooms spread across 3 floors. These units enjoy an oversized two car tandem garage each. The front duplex features two units each with large 4 bedrooms and 4 bathrooms, also across 3 stories. That's a total of 16 bedrooms and 14 bathrooms! WOW! Each unit has stunning modern finishes, trendy gray tone paints throughout, lux laminate floors, quartz countertops, open concept floor plans, balconies, drought friendly common areas and Ring security systems. Each unit also comes equipped with A/C and central heat. These units are NOT subject to rent control! Enjoy a property that comes with high market rents when you purchase this building. Other benefits include a 1 year builders warranty, brand new EVERYTHING, little to no maintenance, and separate meters for gas, water and electric! Virtual 3D Tour can be found at: https://klumpdr.com/

Listing description from the January 2021 sale, as reported to CRMLS.

Sale history

$2,585,000

Sold January 2021 · listed $2,600,000, on market November 2020 · MLS #PW20238677 · Source: CRMLS

Listing Agent: Sonia Ramirez · Listing Office: Alta Mira Realty, Inc. · Contact: 949-252-9999 · Bought with: Sonia Ramirez · Alta Mira Realty, Inc.

$800,000

Sold November 2018 · listed $900,000, orig. $975,000, on market March 2018 · MLS #SR18047929 · Source: CRMLS

Listing Agent: Santa Lelis · Listing Office: Century 21 Plaza · Contact: 818-892-9314 · Bought with: SONIA RAMIREZ · CRMLS

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