5619 Satsuma Avenue
5619 Satsuma Avenue
$1,425,000
6
6
3,880
3,880
$367
Sold 6/8/21
Description
The Satsuma Apartments is a remarkable apartment building, situated on a large 9,467 square foot lot, with 2 separate structures, consisting of 6 one bedroom one bathroom units. Located blocks away from the NoHo Arts District, the Satsuma Apartments make it a convenient location for renters to flock to. All units have various upgrades, with 2 parking spaces assigned for each unit, one of which includes a separate garage for each unit. Buyer can explore options of potentially converting these garages...The Satsuma Apartments is a remarkable apartment building, situated on a large 9,467 square foot lot, with 2 separate structures, consisting of 6 one bedroom one bathroom units. Located blocks away from the NoHo Arts District, the Satsuma Apartments make it a convenient location for renters to flock to. All units have various upgrades, with 2 parking spaces assigned for each unit, one of which includes a separate garage for each unit. Buyer can explore options of potentially converting these garages into ADU units, which will provide an additional source of income, and a stronger return on investment. From the 6 units, 4 of those units are part of the front structure, and the other remaining 2 units are part of the back structure, sitting on top of the 6 garage spaces. No soft-story retrofit required! Property is exempt from City of LA's soft-story requirement! Each unit has it's own water heater, essentially alleviating any gas bills for the owner to pay. The property is subject to Los Angeles rent control, and all rents are paid up-to-date by tenants. Annual gross income for the property is $93,287. Truly a great investment in a great location!
- Listed by Hagop Baboudjian • DRE #01372116 • Baboudjian Properties Inc.
- Listed by Default zzDefault Member • Non Member
Property Details for 5619 Satsuma Avenue
Zoning
LAR2
Cross StreetsBurbank
Property Attached YNtrue
Parcel Number2415007018
Total Units6.0
Living Area3880
Source Living Area404
AreaNorth Hollywood (NHO)
Location
LISTING UPDATED: 06/10/2021 03:16 PM
Property Details for 5619 Satsuma Avenue
Status | Sold |
---|---|
MLS # | 320005403IT |
Days on Market | 35 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1952 |
Lot Size | 0.22 AC / 9,467 SF |
County | Los Angeles County |
Location
Building Information for 5619 Satsuma Avenue
Stories-Residences-Year Built1952Building Size-Lot Size0.22 AC / 9,467 SF
Payment Calculator
$9,350 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5619 Satsuma Avenue
Property History for 5619 Satsuma Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5619 Satsuma Avenue
Taxable ValueLand$936,360Additions$546,210Total$1,482,570
Tax Record2023$18,871 ($1,573 / month)
Home Facts
Total Finished SqFt3,880 SqFtAbove Grade Finished SqFt3,880 SqFtLot Size9,467 SqFtStyleMulti-Family Res (5+ Units)Year Built1952ZoningLAR2CountyLOS ANGELESAPN2415-007-018
Schools near 5619 Satsuma 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.
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