My Sold Listings


North Hollywood Area Multi-Family Home


6707 Fair Avenue North Hollywood, CA 91606

3 Bed
3 Baths
1274 sqft
No sign on property. 6707, 6709 Fair Ave. is a DUPLEX (7.5% CAP Rate) w/ an ADU built inside. 2 separate electric meters. This property was fully renovated in 2017 & 2018 w/ quality materials: 3 remodeled baths & kitchens, SS appliances & still on warranty, quartz counters, tankless water heater, landscaped lot w/ water conservation in mind, fruit trees, etc. Check detailed list on remodel in attached supplemental information. COO received in 2018. This property is ideal for both owner occupiers & investors! Live in one unit & rent the other as this seller who is living in the rear unit, renting the front unit as short term vacation rentals. The converted garage was existing & not permitted when the seller took occupancy, its garage door still in place but dry walled inside. It is currently rented & can be delivered w/ current tenant or vacant at CoE. Info on rental income is available on demand and has a cap rate of 7.5%. So many options! Sleek & modern stunning property located less than 3 mi. from the heart of NoHo Arts District & less than 2 mi. from the future home of NoHo West, an enormous mixed-use development project poised to take NOHO to a whole new level! Front unit furniture is available to purchase at additional cost. Seller requests a 45 days rent back. Buyer to do his investigations with the City. Do not disturb tenants. Call to schedule private showings.
Listing Courtesy of CRMLS / Keller Williams Realty-Studio City / Brigitte Handler