6002 Klump Avenue, North Hollywood, CA 91606
Property · 2 recorded sales since 2015
Sold March 2020
Listing Agent: Elizabeth Maddox (DRE #01921425) · Listing Office: The 2-4 Unit Specialists · Contact: 818-859-7242 · Bought with: Marisa Nelson · Rodeo Realty - Pacific Palisades · MLS #BB19112892 · Source: CRMLS
About this property
6002 Klump is a brand new construction six unit in North Hollywood that is minutes from both the heart of the NoHo Arts District and the future home of NoHo West, an enormous mixed-use development project that is poised to take North Hollywood to a whole new level! The property is made up of two triplexes containing a total of 6 side-by-side “townhome style” units with private 2-car garages, individual walk ups, and 3 BALCONIES PER UNIT (one in the living room and two in the bedrooms!). With projected rents of $3,350-$3,450 per unit, the cap rate comes out to an unbeatable 5.45%, which is the best cap rate out there for a 6 unit building! Plus, you get all of this with NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses, a 1 year fit-and-finish warranty, & the ease of owning a hassle-free 2019 construction! Each unit is made of 3 bedrooms, 2.5 bathrooms and an additional room on the bottom floor that can be used as an extra bedroom, office, storage, etc! The property is projected to be completed in July- get your offers in now!
Listing description from the March 2020 sale, as reported to CRMLS.
Sale history
