5525 Elmer Avenue North Hollywood, CA ^$ 2,800,000

5525 Elmer Avenue

^$ 2,800,000

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5525 Elmer Avenue

North Hollywood, CA, 91601

^$ 2,800,000

Bedrooms7 Baths6.0 Sq 2,987

Monthly Estimate*

^$ 19,559

Listed by TNT Real Estate and Investments Inc.

5525 Elmer Avenue, North Hollywood, CA 91601 - Image 1

5525 Elmer Avenue, North Hollywood, CA 91601 - Image 2

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5525 Elmer Avenue, North Hollywood, CA 91601 - Image 6

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5525 Elmer Avenue, North Hollywood, CA 91601 - Image 8

5525 Elmer Avenue, North Hollywood, CA 91601 - Image 9

5525 Elmer Avenue, North Hollywood, CA 91601 - Image 10

5525 Elmer Avenue, North Hollywood, CA 91601 - Image 11

5525 Elmer Avenue, North Hollywood, CA 91601 - Image 12

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5525 Elmer Avenue, North Hollywood, CA 91601 - Image 17

Multi-Family Home for sale in North Hollywood, CA

for $2,800,000 with 7 bedrooms and 6 full baths. This 2,987 square foot home was built in 1934 on a lot size of 0.1499.

Welcome to 5525 Elmer Avenue! Come see this quadruplex that has 2 townhomes and a detached owner's unit! This is an excellent income property located in the heart of NoHo Arts District. THis is the perfect central location for yourself and your future prospective tenants: walking distance to the Metro, parks, shopping, restaurants, and studios. Freeways and other transportation are commuting distance. New developments in the area make this a great property to add to the real estate portfolio, especially if one wants to add ADUs to generate more passive income. This property will not last long!

Multi-Family Active

Price

^$ 2,800,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1499

Year Built

1934

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

24368981

Days on Market

Features

General

Heating Combination

Cooling CentralAir

Possession CloseOfEscrow

Appliances Refrigerator

Zoning LAR4

Year Built 1934

Tenant Pays Electricity Gas Insurance

Stories 1

Levels One Two

Gross Income 10000.0

County Los Angeles

Net Operating Income 25000.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Buyer Financing Cash Conventional FHA

Directions From the 170 North Freeway exit Burbank Blvd and make a right. Pass Lankershim Blvd and make a right turn on Elmer Avenue. The property will be on the right-hand side.

City North Hollywood

Disclosures FamilialRelation

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area NHO - North Hollywood

Lot Size Square Feet 6531.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Elmer

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Exterior

Parking Features Assigned

Total Parking 6.0

Lot Size Area 6531.0

Number of Buildings 2

Spa N

Building Area Total 2987.0

Lot Size Acres 0.1499

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 7

Electric On Property Y/N N

Total Baths 6

Internal Only

Street Number 1 5525

* Excluded Features

List By

Tnt Real Estate And Investments Inc.

Broker

(747) 296-1530

Phone

Affordability Calculator

$19,559

Per Month

Monthly Principal & Interest: $19,559
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in North Hollywood, CA

Average List Price ^$2,868,737

Percent of Sale Price 2%

About North Hollywood, CA

158,455 Population

0% Since 2002

^$0 Median Income

0 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/27/2024	$2,800,000		Listed Price

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5525 Elmer Avenue, North Hollywood, CA, 91601 is a Multi-Family Home for sale at $2,800,000 with 2,987 sqft and a lot size of 0.1499. 5525 Elmer Avenue has 7 bedrooms, 6.0 baths, and was built in 1934. The property's zip code is 91601 which is in North Hollywood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5525 Elmer Avenue

Multi-Family Home for sale in North Hollywood, CA

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