5945 Willowcrest Avenue

North Hollywood, CA 91601

$899,900
Last Sold Price
4
Beds
3
Baths
2,050 Sq. Ft.
$439 / Sq. Ft.
2,050
Sq. Ft.
$439
per Sq. Ft.

Description

This is a rare and exciting opportunity to purchase an investment property on a lovely and quiet street in North Hollywood, adjacent to Burbank. This Triplex is a total steal at $300,000 per door! Gated property with a 3 car garage, and parking for up to 6 cars. There are 2 units with a common wall at the front or the property with 1 bed and 1 bath each. The third unit in the back above the garage has 2 beds and 1 bath. Live in the vacant unit and rent out the other two! Central location, minutes...This is a rare and exciting opportunity to purchase an investment property on a lovely and quiet street in North Hollywood, adjacent to Burbank. This Triplex is a total steal at $300,000 per door! Gated property with a 3 car garage, and parking for up to 6 cars. There are 2 units with a common wall at the front or the property with 1 bed and 1 bath each. The third unit in the back above the garage has 2 beds and 1 bath. Live in the vacant unit and rent out the other two! Central location, minutes away from Burbank, NOHO WEST, Universal Studios, and major freeways.
  1. Listed by David Soibatian • DRE #01953913 • Brokerage DRE #01231306 • Park Regency Realty • 818-531-5239

Property Details for 5945 Willowcrest Avenue

View
Neighborhood
Parking Spaces Total
3
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2050

Location

Listing Courtesy of Park Regency Realty, David Soibatian, DRE #01953913

Sold By Specialized Realty, Vartan Tashchyan, DRE #01887540

Add your commute
LISTING UPDATED: 03/30/2023 04:54 AM

Property Details for 5945 Willowcrest Avenue

StatusClosed
MLS #SR23000178
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.12 AC / 5,175 SF
CountyLos Angeles County

Location

Listing Courtesy of Park Regency Realty, David Soibatian, DRE #01953913

Sold By Specialized Realty, Vartan Tashchyan, DRE #01887540

Add your commute

Building Information for 5945 Willowcrest Avenue

Stories1Residences-Year Built1950Building Size-Lot Size0.12 AC / 5,175 SF

Payment Calculator

$5,213 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,911

Property Taxes

$302

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5945 Willowcrest Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $29,592
  • Gross Scheduled Income: $29,592
  • Net Operating Income: $29,592
  • Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $140
  • Total Expenses: $140
Tax / Assessment Info
  • Tax Block: 16
  • Tax Tract Number: 9854
  • Tax Census Tract: 1243.00
  • Tax Lot: 15
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Interior Features: Granite Counters, Tile Counters
  • Room Type: Family Room, Living Room
  • Laundry: Yes
  • Laundry Features: Outside
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate, Wood
Exterior Features
  • Roof: Shingle
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage, Garage Faces Rear
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,268
  • Unit Type Total Rent: $1,268
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 3

Property History for 5945 Willowcrest Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5945 Willowcrest Avenue

Taxable ValueLand$109,306Additions$162,493Total$271,799
Tax Record2023$3,629 ($302 / month)
Home Facts
Total Finished SqFt2,050 SqFtAbove Grade Finished SqFt2,050 SqFtLot Size5,175 SqFtStyleTriplexYear Built1950ZoningLAR3CountyLOS ANGELESAPN2415-014-023

Schools near 5945 Willowcrest Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 11
Rating
School
Distance
Oxnard Street Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

East Valley Senior High School
Public9 to 12

Science Academy STEM Magnet
Public6 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Park Regency Realty, David Soibatian, DRE #01953913

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the 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. For the avoidance of doubt, 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.