5619 Willowcrest Avenue

North Hollywood, CA 91601

$1,250,000
Price
5
Beds
2,415 Sq. Ft.
$518 / Sq. Ft.
2,415
Sq. Ft.
$518
per Sq. Ft.

Description

This stunning 4-plex is situated in a prime location where neighboring properties have been beautifully renovated to add second stories, significantly boosting their value. With the area undergoing exciting development projects, this property presents a unique chance to capitalize on the upward trend of the neighborhood. Each unit offers comfortable living spaces and ample natural light, making it ideal for attracting tenants. Enjoy the convenience of being close to vibrant shopping and dining options,...This stunning 4-plex is situated in a prime location where neighboring properties have been beautifully renovated to add second stories, significantly boosting their value. With the area undergoing exciting development projects, this property presents a unique chance to capitalize on the upward trend of the neighborhood. Each unit offers comfortable living spaces and ample natural light, making it ideal for attracting tenants. Enjoy the convenience of being close to vibrant shopping and dining options, all while benefiting from the ongoing revitalization in the community. Don’t miss out on this exceptional opportunity to invest in a property with incredible potential for appreciation. Act fast—this gem won't last long!
  1. Listed by John Labick • DRE #01991075 • Brokerage DRE #01013938 • RE/MAX Gateway • 661-212-1339

Property Details for 5619 Willowcrest Avenue

Parking Spaces Total
3
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2415
Assessor Parcel Number
2415-022-009
Property Attached YN
false
LISTING UPDATED: 11/20/2024 01:50 AM

Property Details for 5619 Willowcrest Avenue

StatusActive
MLS #SR24198978
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.14 AC / 5,910 SF
CountyLos Angeles County

Building Information for 5619 Willowcrest Avenue

Stories1Residences-Year Built1949Building Size-Lot Size0.14 AC / 5,910 SF

Property Information for 5619 Willowcrest Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $50,000
  • Gross Scheduled Income: $50,000
  • Net Operating Income: $45,000
Expense Details
  • Operating Expense: $4,600
  • Insurance Expense: $1,500
  • Trash Expense: $1,225
  • Water Sewer Expense: $2,000
  • Total Expenses: $4,725
Tax / Assessment Info
  • Tax Tract Number: 10182
  • Tax Census Tract: 1243.00
  • CFD/Mello-Roos Fee: $417
  • Tax Lot: 8
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $1,624
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $1,408
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $1,408
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $742
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 5619 Willowcrest 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 5619 Willowcrest Avenue

Taxable ValueLand$907,800Additions$316,200Total$1,224,000
Tax Record2024$15,101 ($1,258 / month)
Home Facts
Total Finished SqFt2,415 SqFtAbove Grade Finished SqFt2,415 SqFtLot Size5,910 SqFtStyleQuadraplexYear Built1949ZoningLARD1.5CountyLOS ANGELESAPN2415-022-009

Schools near 5619 Willowcrest 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 12
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 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.

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5619 Willowcrest Avenue is a multi-family home for sale in North Hollywood, CA 91601. This property was listed for sale on October 15, 2024 by RE/MAX Gateway, it's currently listed at $1,250,000. It has been on the market for a total of 36 days and was last sold on August 23, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Oxnard Street Elementary School, Walter Reed Middle School and East Valley Senior High School. 5619 Willowcrest Avenue is a 5-bed, 0-bath, 2,415 sqft multi-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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Gateway, John Labick, DRE #01991075

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.