6032 Craner Avenue, North Hollywood, CA 91606

About this fourplex

6032 Craner Ave is a sleek, beautifully designed new construction fourplex that is made up of two standalone 2-story duplexes. This easy to manage fourplex will provide investors an unbeatable projected cap rate of 5.32%. In addition to the high return, buyers will enjoy other notable perks including: NO RENT CONTROL, a 1 year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters. Not to mention, 6032 Craner is located 5 minutes from both the heart of the NoHo Arts District and NoHo West. The property is made up of two 4 bedroom, 3 bathroom units with pro forma rents between $3,900-$4,000, one 3 bedroom, 3 bathroom unit with a pro forma rent of $3,600, and one 3 bedroom, 2 bathroom unit with a pro forma rent of $3,500. The units will feature: washer/dryers in each unit, stainless steel appliances, high quality finishes, custom unique tilework, upscale modern kitchens, stunning bathrooms, and extremely spacious floor plans! There are four garage parking spaces on site as well as four additional exterior parking spaces.

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

Sale history

$2,450,000

Sold March 2021 · listed $2,550,000, on market January 2021 · MLS #BB21006326 · Source: CRMLS

Listing Agent: Elizabeth Maddox · Listing Office: The 2-4 Unit Specialists · Contact: 818-859-7242 · Bought with: Mark Berger · Keller Williams Realty-Studio City

$695,000

Sold November 2018 · listed $639,000, on market October 2018 · MLS #18395744 · Source: CRMLS

Listing Agent: Tammy Tarner · Listing Office: Keller Williams Studio City · Contact: 818-432-1500 · Bought with: Natalie Kraiem · Keller Williams Realty Encino-

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