6025 Craner Avenue

North Hollywood, CA 91606

$4,649,000
Price
24
Beds
30
Baths
16,584 Sq. Ft.
$280 / Sq. Ft.
16,584
Sq. Ft.
$280
per Sq. Ft.

Description

Built in 2021 from the ground up, this property offers modern living with spacious units of 2200-2400sf and amenities that keep tenant turnover to a minimum and provide for extremely strong income. Each unit is 4 beds, 5 baths with an en suite bathroom in each bedroom for ultimate privacy. A large chef's kitchen, multiple balconies and generous living space make these units stand out. Elevator, rooftop deck, secure lobby and secure garage ensure that this will be a great investment for years to come....Built in 2021 from the ground up, this property offers modern living with spacious units of 2200-2400sf and amenities that keep tenant turnover to a minimum and provide for extremely strong income. Each unit is 4 beds, 5 baths with an en suite bathroom in each bedroom for ultimate privacy. A large chef's kitchen, multiple balconies and generous living space make these units stand out. Elevator, rooftop deck, secure lobby and secure garage ensure that this will be a great investment for years to come. Office and storage space can be leased for immediate additional income.
  1. Listed by Shaya Lowenstein • DRE #01942326 • Brokerage DRE #01458187 • Keller Williams Larchmont

Property Details for 6025 Craner Avenue

Zoning
LARD1.5
Style
Contemporary
Parcel Number
2414004013
Total Units
6.0
Living Area
16584
Source Living Area
Plans
Area
North Hollywood (NHO)
Vacancy Rate
0
LISTING UPDATED: 07/19/2024 12:01 AM

Property Details for 6025 Craner Avenue

StatusActive
MLS #24-413509
Days on Market139
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2020
Lot Size0.22 AC / 9,384 SF
CountyLos Angeles County

Building

6025 Craner Ave

4 StoriesBuilt in 2020

Building Information for 6025 Craner Avenue

Stories4Residences-Year Built2020Building Size-Lot Size0.22 AC / 9,384 SF

Property Information for 6025 Craner Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 4
  • Number Of Buildings: 1
  • Type Of Units: 4
  • View: Yes
  • View Description: City, Mountains
  • View: City Lights, Mountain(s)
  • Security Features: Community, Fire and Smoke Detection System, Fire Sprinklers, Gated
  • Direction Faces: East
  • Property Condition: New Construction
  • Water Heaters: Yes
  • ADA Compliance: Yes
Contract Info
Contract Info
  • Disclosures: LA/Owner Related
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $349,584
  • Net Operating Income: $266,244.00
  • Gross Income: $349,584
  • Cap Rate: 5.73%
  • Gross Rent Multiplier: $13.29
  • Total Annual Expense: 83340
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2154
  • Lot Size Square Feet: 9384
  • Lot Size Dimensions: 70x134
  • Source Lot Size Dimensions: Assessor
  • Lot Description: Gated Community
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 13
  • Garage Spaces Total: 13
  • Parking Features: Garage
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Ceramic Tile, Tile
  • Equipment: Bar Ice Maker, Cable, Dishwasher, Dryer, Elevator, Garbage Disposal, Water Line to Refrigerator, Water Filter, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven, Freezer, Ice Maker, Microwave
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Roof: Common Roof, Flat
  • New Construction: Yes
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-11-2024
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $4,680.00
  • Unit Actual Rent: $4,680.00
  • Unit Projected Rent: $5,150.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $4,992.00
  • Unit Actual Rent: $4,992.00
  • Unit Projected Rent: $5,150.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $4,950.00
  • Unit Actual Rent: $4,950.00
  • Unit Projected Rent: $5,150.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $5,150.00
  • Unit Actual Rent: $5,150.00
  • Unit Projected Rent: $5,150.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $4,680.00
  • Unit Actual Rent: $4,680.00
  • Unit Projected Rent: $5,150.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $4,680.00
  • Unit Actual Rent: $4,680.00
  • Unit Projected Rent: $5,150.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $2,234,996.00
  • Assessed Improvement Percent: 73.73
  • Assessed Land Value: $796,478.00
  • Assessed Land Percent: 26.27
  • Assessed Total Value: $3,031,474.00

Property History for 6025 Craner 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 6025 Craner Avenue

Taxable ValueLand$812,407Additions$2,279,695Total$3,092,102
Tax Record2024$38,741 ($3,228 / month)
Home Facts
Total Finished SqFt13,653 SqFtAbove Grade Finished SqFt13,653 SqFtStories1Lot Size9,381 SqFtStyleMulti-Family Res (5+ Units)Year Built2019ZoningLARD1.5CountyLOS ANGELESAPN2414-004-013

Schools near 6025 Craner 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 - 6 to 12
Rating
School
Distance
Oxnard Street Elementary School
PublicK to 5

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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6025 Craner Avenue is a multi-family home for sale in North Hollywood, CA 91606. This property was listed for sale on July 11, 2024 by Keller Williams Larchmont, it's currently listed at $4,649,000. It has been on the market for a total of 139 days and was last sold on February 9, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Oxnard Street Elementary School, Sun Valley Engineering And Technology Magnet and East Valley Senior High School. 6025 Craner Avenue is a 24-bed, 30-bath, 16,584 sqft multi-family home built in 2020.

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 Keller Williams Larchmont, Shaya Lowenstein, DRE #01942326

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.