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    6032 Craner Avenue

    North Hollywood, CA 91606
    • $2,550,000
    • STATUS: ACTIVE
    • ON SITE: 8 days
    • ID#: 302997711
    UPDATED: 32 min ago
    $2,550,000
    • 14
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    6032 Craner Ave is a sleek, beautifully designed new construction fourplex that is made up of two standalone 2-story duplexes. This easy to manage fourplex will provide investors an unbeatable projected cap rate of 5.32%. In addition to the high return, buyers will enjoy other notable perks including: NO RENT CONTROL, a 1 year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters. Not to mention, 6032 Craner i 6032 Craner Ave is a sleek, beautifully designed new construction fourplex that is made up of two standalone 2-story duplexes. This easy to manage fourplex will provide investors an unbeatable projected cap rate of 5.32%. In addition to the high return, buyers will enjoy other notable perks including: NO RENT CONTROL, a 1 year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters. Not to mention, 6032 Craner is located 5 minutes from both the heart of the NoHo Arts District and NoHo West. The property is made up of two 4 bedroom, 3 bathroom units with pro forma rents between $3,900-$4,000, one 3 bedroom, 3 bathroom unit with a pro forma rent of $3,600, and one 3 bedroom, 2 bathroom unit with a pro forma rent of $3,500. The units will feature: washer/dryers in each unit, stainless steel appliances, high quality finishes, custom unique tilework, upscale modern kitchens, stunning bathrooms, and extremely spacious floor plans! There are four garage parking spaces on site as well as four additional exterior parking spaces.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.talechia.com/homes/113216308
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    6032 Craner Avenue North Hollywood, CA 91606

    • Price: $2,550,000
    • Status: ACTIVE
    • Updated: 32 min ago
    • ID#: 302997711
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    Neighborhood:
    North Hollywood (91606)
    County:
    Los Angeles
    Area:
    North Hollywood (91606)
    Property Description
    6032 Craner Ave is a sleek, beautifully designed new construction fourplex that is made up of two standalone 2-story duplexes. This easy to manage fourplex will provide investors an unbeatable projected cap rate of 5.32%. In addition to the high return, buyers will enjoy other notable perks including: NO RENT CONTROL, a 1 year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters. Not to mention, 6032 Craner i 6032 Craner Ave is a sleek, beautifully designed new construction fourplex that is made up of two standalone 2-story duplexes. This easy to manage fourplex will provide investors an unbeatable projected cap rate of 5.32%. In addition to the high return, buyers will enjoy other notable perks including: NO RENT CONTROL, a 1 year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters. Not to mention, 6032 Craner is located 5 minutes from both the heart of the NoHo Arts District and NoHo West. The property is made up of two 4 bedroom, 3 bathroom units with pro forma rents between $3,900-$4,000, one 3 bedroom, 3 bathroom unit with a pro forma rent of $3,600, and one 3 bedroom, 2 bathroom unit with a pro forma rent of $3,500. The units will feature: washer/dryers in each unit, stainless steel appliances, high quality finishes, custom unique tilework, upscale modern kitchens, stunning bathrooms, and extremely spacious floor plans! There are four garage parking spaces on site as well as four additional exterior parking spaces.
    Exterior Features

    Irrigation Drip Pool N/K Site CurbsSidewalks Topography Level

    Interior Features

    Cooling Central Forced Air Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 3 Total Baths Unit3 3 Total Baths Unit4 2 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4

    Property Features

    Actual Cap Rate 5.37 Annual Expense Actual 35874 Buildings 2 Gross Rent Multiplier Actual 14.17 Gross Scheduled Income Actual 180000 Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 0.0 Zoning Builder

    Listing provided courtesy of The 2-4 Unit Specialists. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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