6860 Gentry Avenue

North Hollywood, CA 91605

$2,800,000
Price
8
Beds
12
Baths
6,329 Sq. Ft.
$442 / Sq. Ft.
6,329
Sq. Ft.
$442
per Sq. Ft.

Description

Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2022 and fully occupied. Consisting of two buildings, each housing two units, this modern complex offers unparalleled amenities and convenience for tenants.Every unit boasts the pinnacle of comfort with central air conditioning and heating, ensuring year-round comfort. The inclusion of inside laundry facilities, along with essential appliances such as refrigerators, stoves, and dishwashers, enhances the...Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2022 and fully occupied. Consisting of two buildings, each housing two units, this modern complex offers unparalleled amenities and convenience for tenants.Every unit boasts the pinnacle of comfort with central air conditioning and heating, ensuring year-round comfort. The inclusion of inside laundry facilities, along with essential appliances such as refrigerators, stoves, and dishwashers, enhances the living experience for residents.Moreover, this property is equipped with solar panels, showcasing a commitment to sustainability while potentially reducing operational costs. Additionally, the rear structure features an expansive 8-car carport, providing ample parking space for tenants.Each unit offers a generous layout with four bedrooms and three bathrooms, accommodating various tenant needs and preferences. Whether it's families seeking spacious living or professionals desiring roomy accommodations, these units cater to a diverse range of renters.With its modern amenities, thoughtful design, and full occupancy, this investment property presents a compelling opportunity for investors looking to capitalize on a thriving rental market. Don't miss out on the chance to secure a lucrative investment in this prime real estate asset.

Listing Agent

  1. Lena Ghezel

    Lena Ghezel

    Listing Agent

    Compass

    DRE #01252003

Property Details for 6860 Gentry Avenue

Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
6329
Assessor Parcel Number
2321-022-020

Location

Listing Courtesy of Compass, Lena Ghezel, DRE #01252003
Add your commute
LISTING UPDATED: 04/25/2024 04:03 AM

Property Details for 6860 Gentry Avenue

StatusActive
MLS #NP24027424
Days on Market84
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2022
Lot Size0.16 AC / 6,772 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Lena Ghezel, DRE #01252003
Add your commute

Building Information for 6860 Gentry Avenue

Stories2Residences-Year Built2022Building Size-Lot Size0.16 AC / 6,772 SF

Payment Calculator

$16,187 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,281

Property Taxes

$906

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6860 Gentry Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $190,284
  • Gross Scheduled Income: $190,284
  • Net Operating Income: $172,514
Expense Details
  • Operating Expense: $17,770
  • New Taxes Expense: $28,000
  • Gardener Expense: $1,800
  • Fuel Expense: $0
  • Pest Control Expense: $1,500
  • Electric Expense: $350
  • Insurance Expense: $3,000
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 6024
  • Tax Census Tract: 1232.04
  • CFD/Mello-Roos Fee: $264
  • Tax Lot: 218
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Appliances: Gas Range
  • Equipment: Gas Dryer Hookup, Washer Hookup
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 8
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $7,657
  • Unit Type Total Rent: $7,657
  • Unit Type Pro Forma: 8000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $8,200
  • Unit Type Total Rent: $8,200
  • Unit Type Pro Forma: 8750
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 6860 Gentry 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 6860 Gentry Avenue

Taxable ValueLand$684,583Additions$199,756Total$884,339
Tax Record2023$10,870 ($906 / month)
Home Facts
Beds3Total Finished SqFt1,164 SqFtAbove Grade Finished SqFt1,164 SqFtStories1Lot Size6,770 SqFtStyleSingle Family ResidenceYear Built1951ZoningLARD1.5CountyLOS ANGELESAPN2321-022-020

Schools near 6860 Gentry 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
Charter - K to 8
Rating
School
Distance
Bellingham Elementary School
PublicK to 5

Roy Romer Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

ISANA Palmati Academy
CharterK to 8

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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6860 Gentry Avenue is a multi-family home for sale in North Hollywood, CA 91605. This property was listed for sale on February 7, 2024 by Compass, it's currently listed at $2,800,000. It has been on the market for a total of 84 days and was last sold on January 30, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Bellingham Elementary School, Roy Romer Middle School and North Hollywood Senior High School. 6860 Gentry Avenue is a 8-bed, 12-bath, 6,329 sqft multi-family home built in 2022.

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 Compass, Lena Ghezel, DRE #01252003

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.