7237 Kraft Avenue

North Hollywood, CA 91605

$1,149,999
Price
6
Beds
3
Baths
2,201 Sq. Ft.
$522 / Sq. Ft.
2,201
Sq. Ft.
$522
per Sq. Ft.

Description

Welcome to this meticulously maintained duplex offering two units, two separate addresses. Perfect for savvy investors seeking income-generating potential. The recently renovated front unit features 3 bedrooms, 1 bathroom, and approximately 1008 square feet of living space, complete with modern amenities such as a new kitchen, washer/dryer. Meanwhile, the rear unit, offers comfortable living with 3 bedrooms, 2 bathrooms, walk-in closets, an in-unit laundry area, and a stylish kitchen. Both units...Welcome to this meticulously maintained duplex offering two units, two separate addresses. Perfect for savvy investors seeking income-generating potential. The recently renovated front unit features 3 bedrooms, 1 bathroom, and approximately 1008 square feet of living space, complete with modern amenities such as a new kitchen, washer/dryer. Meanwhile, the rear unit, offers comfortable living with 3 bedrooms, 2 bathrooms, walk-in closets, an in-unit laundry area, and a stylish kitchen. Both units are equipped with solar power, ensuring energy efficiency and cost savings for tenants. Both units are separate from one another by a vinyl fence. ADU drafted plans are available for the detached garage, presenting buyers with the opportunity for conversion into an additional dwelling unit, thereby maximizing the property's income potential. the ability to generate $3000-$4500 monthly rent, per unit. This property presents a lucrative investment opportunity. Conveniently located near Costco and Home Depot, with easy access to major freeways and public transportation. Whether you're an investor seeking rental income or an owner-occupant looking to maximize rental income potential, this property offers versatility and financial upside. Don't miss this rare opportunity to own an income-generating property in the heart of North Hollywood. Schedule your viewing today to explore the potential of this highly desirable duplex!
  1. Listed by Lusine Piliposyan • DRE #02010076 • Brokerage DRE #01458187 • Keller Williams Studio City

Property Details for 7237 Kraft Avenue

Water Front
None
Zoning
LAR1
Style
Unknown
Cross Streets
From East of Sherman Way, right on Kraft
Parcel Number
2316022020
Living Area
2201
Source Living Area
Assessor
Area
North Hollywood (NHO)

Location

Listing Courtesy of Keller Williams Studio City, Lusine Piliposyan, DRE #02010076
Add your commute
LISTING UPDATED: 04/19/2024 03:32 PM

Property Details for 7237 Kraft Avenue

StatusActive
MLS #24-371835
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1949
Lot Size0.16 AC / 6,752 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Studio City, Lusine Piliposyan, DRE #02010076
Add your commute

Building Information for 7237 Kraft Avenue

Stories1Year Built1949Building Size-Lot Size0.16 AC / 6,752 SF

Payment Calculator

$6,991 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$715

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7237 Kraft Avenue

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated, Smoke Detector, Owned
  • Property Condition: Updated/Remodeled
  • Maids Room: false
  • Water: Public
  • Water Heater Features: Central Water Heater
Contract Info
Contract Info
  • Financing: Conventional, Cash
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.155
  • Lot Size Square Feet: 6752
  • Lot Size Dimensions: 50x135
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Description: 2-4 Lots
Parking Details
Parking Details
  • Parking Garage: Detached
  • Total Parking: 2
  • Attached Garage: No
Interior Features
Interior Features
  • Room Type: Walk-In Closet
  • Rooms: Walk-In Closet
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Other
  • Equipment: Dryer, Washer
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • New Construction: No
  • Other Structural Features: Full Copper Plumbing
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 03-27-2024

Property History for 7237 Kraft 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 7237 Kraft Avenue

Taxable ValueLand$555,157Additions$138,789Total$693,946
Tax Record2023$8,584 ($715 / month)
Home Facts
Beds3Total Finished SqFt1,008 SqFtAbove Grade Finished SqFt1,008 SqFtStories1Lot Size6,750 SqFtStyleSingle Family ResidenceYear Built1949ZoningLAR1CountyLOS ANGELESAPN2316-022-020

Schools near 7237 Kraft Avenue

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

North Hollywood Senior High School
Public9 to 12

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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7237 Kraft Avenue is a single family home for sale in North Hollywood, CA 91605. This property was listed for sale on March 27, 2024 by Keller Williams Studio City, it's currently listed at $1,149,999. It has been on the market for a total of 34 days and was last sold on December 28, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Camellia Avenue Elementary School, Sun Valley Engineering And Technology Magnet and North Hollywood Senior High School. 7237 Kraft Avenue is a 6-bed, 3-bath, 2,201 sqft single family home built in 1949.

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 Keller Williams Studio City, Lusine Piliposyan, DRE #02010076

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.