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    11639 Burbank Boulevard

    North Hollywood, CA 91601
    • $2,690,000
    • STATUS: Active
    • ON SITE: 50 days
    • ID#: SR20212122
    UPDATED: 10 min ago
    $2,690,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    AN EXCEPTIONAL CAP RATE, NON- RENT CONTROL UNITS AVAILABLE NOW. BUILT IN 2020, 11639 Burbank Blvd. is comprised of 4 fully rented units in two beautiful buildings. The two 4 bed/4 baths are rented at $4300 each, and the two 3 bed/3 bath are rented at $3700 each, bringing you a cool $16000 month. Each unit has a custom made open concept kitchen, brand new stainless steel appliances, a separate private laundry area with NEW washer and dryers, high ceilings, recessed lights, each bedroom with their own private bath and a two car covered garage space. (totaling 8 covered parking spaces). Separate Gas, Water, and Electric Meters for each unit, low maintenance landscaping, and market rent amounts bring you a massive worry free return for years to come.Located across from the NoHo Police Station and close to the on/off ramp of 170 freeway, allows you to be anywhere in L.A or in the Valley in minutes.Or if you prefer to take the subway or the bus line, you can access them on the trendy Lankershim Blvd, in a short distance away."

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    Based on information from CRISNet MLS as of 2020-11-29T10:56:04.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-11-29T10:56:04.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/110886141
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    11639 Burbank Boulevard North Hollywood, CA 91601

    • Price: $2,690,000
    • Status: Active
    • Updated: 10 min ago
    • ID#: SR20212122
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2020
    Built
    Neighborhood:
    Nho - North Hollywood
    County:
    Los Angeles
    Area:
    Nho - North Hollywood
    Property Description
    AN EXCEPTIONAL CAP RATE, NON- RENT CONTROL UNITS AVAILABLE NOW. BUILT IN 2020, 11639 Burbank Blvd. is comprised of 4 fully rented units in two beautiful buildings. The two 4 bed/4 baths are rented at $4300 each, and the two 3 bed/3 bath are rented at $3700 each, bringing you a cool $16000 month. Each unit has a custom made open concept kitchen, brand new stainless steel appliances, a separate private laundry area with NEW washer and dryers, high ceilings, recessed lights, each bedroom with their own private bath and a two car covered garage space. (totaling 8 covered parking spaces). Separate Gas, Water, and Electric Meters for each unit, low maintenance landscaping, and market rent amounts bring you a massive worry free return for years to come.Located across from the NoHo Police Station and close to the on/off ramp of 170 freeway, allows you to be anywhere in L.A or in the Valley in minutes.Or if you prefer to take the subway or the bus line, you can access them on the trendy Lankershim Blvd, in a short distance away."
    Exterior Features

    Architectural Style Contemporary Construction Materials Concrete Fence YN Yes Fencing Excellent ConditionRedwood Levels Three Or More Lot Features 0-1 Unit/Acre Lot Size Area 6547.0000 Number Of Rented Garages 0 Parking Total 4.00 Roof See Remarks

    Interior Features

    Appliances DisposalMicrowaveRefrigeratorTankless Water Heater Appliances YN Yes Common Walls No Common Walls Cooling Central AirEnergy Star Qualified Equipment Cooling YN Yes Door Features Energy Star Qualified Doors Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Central Heating YN Yes Interior Features BalconyGranite CountersOpen FloorplanRecessed Lighting Laundry Features Dryer IncludedInsideWasher Included Laundry YN Yes Room Type All Bedrooms DownAll Bedrooms UpKitchenLiving RoomMain Floor BedroomMain Floor Master BedroomMaster BathroomMaster BedroomMulti-Level BedroomTwo MastersWalk-In Closet Window Features Energy Star Qualified Windows

    Property Features

    Additional Parcels YN No Association YN Yes Community Features Suburban Electric Expense 400.00 Fuel Expense 0.00 Garage Rental Rate 0.00 Gardener Expense 600.00 Gross Income 192000.00 Gross Scheduled Income 192000.00 Insurance Expense 2500.00 Land Lease YN No Net Operating Income 154335.00 New Construction YN Yes New Taxes Expense 33625.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Number Of Units Leased 4 Operating Expense 37665.00 Pool Features None Pool Private YN No Property Attached YN No Property Sub Type Quadruplex Rent Control YN No Security Features Automatic GateCarbon Monoxide Detector(S)Fire Sprinkler SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Spa Features None Spa YN No Special Listing Conditions Standard Tenant Pays All UtilitiesCable TvElectricityGasInsuranceTrash CollectionWater Total Expenses 37665.00 Trash Expense 0.00 Water Sewer Expense 540.00 Water Source Public Zoning Lar3

    Listing provided courtesy of Glenda Martinez, CA DRE# 01520768, of Pinnacle Estate Properties, Inc..


    Based on information from CRISNet MLS as of 2020-11-29T10:56:04.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-11-29T10:56:04.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211