search LA homes
More Search Options
  1. Property Video (PT-374)
  2. Community Association (PT-239)

5626 Willowcrest Avenue
North Hollywood, CA 91601


Request a Showing

Property Remarks

5626 Willowcrest Ave is a 2017 construction luxury fourplex located in the trendy NoHo Arts District. The property is in the final stages of construction, so make sure to get your offers in before the competition heats up! The property is not subject to rent control, so you can enjoy freedom, profit and peace of mind. With a projected cap rate of 5.52%, this is a great place to park your money that requires little to no headaches & property management.5626 Willowcrest is made up of two duplexes. The rear duplex consists of two 3 bed/2.5 bath units that are situated side by side in 2-story ?townhome? style. Each has its own private entrance and attached 2 car garage (tandem). The front duplex is made up of two 3 bed/2 bath units, one unit on the bottom floor, one unit on the top floor. The parking for the front units is located in the rear building. There are a total of 4 garages with 8 spots. The units will feature top of the line appliances, high quality finishes, spacious floor plans and laundry in unit.This fourplex is located in the heavily sought after NoHo Arts District, which is home to the most popular arts, dining and nightlife scene in all of the Valley. These units were strategically built in the hottest rental market to ensure low vaca

Property Details

MLS#
SR17237508
Days on Market
14
Year Built
1941
Stories
2
Building/Living Area (sq ft)
5,815
Source of Lot Size
Public Records

Location

State
CA
County
Los Angeles
Area
North Hollywood (NHO)

Presented By:

Listing provided courtesy of Elizabeth Maddox , The 2-4 Unit Specialists


Exterior

Garage Spaces
8
Lot Acreage
8
Paved
No
Waterfront
No

Pool
No Pool
Style
Modern

Interior

Kitchen Features
Laminate Counters
Bedroom Features
Master Bedroom
Interior Features
Open Floor Plan
Recessed Lighting
Cooking Appliances
Oven-Gas
Range
Gas
Microwave
Equip/Appliances
Gas Dryer Hookup
Dishwasher
Freezer
Garbage Disposal
Flooring
Laminated
Laundry
Inside

Additional Property Details

Number of Units
4
Number of Buildings
2
Gross Operating Income
$155,232
Total Expense
$30,961
ADA Compliance
No
Units With Dishwasher
4

Lot Description
Sidewalks
Street Lighting
Landscaped
AC/Cooling
Central A/C
Heating
Central Furnace
Water
Water District
Public
Other Structural Features
Balcony

North Hollywood

Known to locals as NoHo, North Hollywood is known as the creative heart of the San Fernando Valley. Recording studios, theaters, and a thriving arts district make NoHo something special. Access to public transportation and a growing nightlife are turning this area into more of an urban center.

Real Estate: North Hollywood real estate offers many different options with single family homes for sale, as well as condos and townhouses. Ranch-style homes are popular in this area. The NoHo Commons retail area is home to several newer developments with apartment and loft units for rent.

Community Life: North Hollywood is increasingly becoming a destination for all of the San Fernando Valley. The NoHo Arts District is a great place to see a show at a local theater, enjoy a meal, and browse local art galleries. Café culture is popular here with plenty of places to have a coffee and work or relax. The North Hollywood Recreation Center and Valley Plaza Park offers gyms, auditorium, baseball diamonds, basketball courts and an outdoor pool. The NoHo Market is held every Saturday and includes fruits and vegetables from California farmers as well as other foods from local vendors, clothing, crafts, an Artist Village, and more.

Education: North Hollywood is served by the Los Angeles Unified School District including Maurice Sendak Elementary, Fair Avenue Elementary, Victory Boulevard Elementary, Roy Romer Middle School, and East Valley Senior High. Local private schools include The Wesley School, Montessori Academy of North Hollywood, Laurel Hall, and San Fernando Valley Professional.

Transportation: North Hollywood is easily accessed by the 101 and 170 Freeways. The North Hollywood Metro Station connects with the Red and Orange line. The area is also served by several bus routes including the 152/153.

Local Attractions: The El Portal Theatre was built in 1926 as a vaudeville and silent movie house and now has three theaters. The Television Academy, home of the Emmy Awards, is creating a new media center for both the industry and the public.

Community Explorer

Results from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

The information being provided by SoCalMLS® and/or CARETS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to property referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS® and/or CARETS® MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or associate who owns the web site.

Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by SoCalMLS® and/or CARETS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Property information Copyright © 2017 SoCalMLS® Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by SoCalMLS Inc. ® Copyright © 2017 CARETS®. All Rights Reserved.

Property Picks