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$1,575,000
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Property Description
We are pleased to present an exceptional property opportunity suitable for a 1031 exchange. Nestled within the desirable North Hollywood area, this income property comprises seven units that offer lucrative investment potential. Comprising five spacious 2-bedroom units boasting one bath each, and two generously-sized 3-bedroom units featuring two baths, this property caters to a diverse range of tenants. The units are designed to provide comfortable living spaces, offering ample room for residents to enjoy. Should you require further information regarding this property, we encourage you to contact us. Additionally, offers are kindly requested to be made contingent upon a thorough interior inspection. With its prime location and impressive unit composition, this property promises to be an excellent addition to any real estate portfolio. Do not miss this opportunity to own a remarkable income property in the vibrant North Hollywood area. Some latest upgrades and improvements, is a brand-new 2nd story walkway, providing convenient access throughout the building. The railing on the 2nd floor has been meticulously repaired, prioritizing safety and enhancing the property's overall aesthetic appeal.Exterior painting has been recently redone. A modernized water heater, equipped with a recirculation pump, has been installed. This enhancement not only conserves water but also allows hot water to reach even the furthest apartments efficiently. In compliance with the city's regulations, all units have undergone retrofit compliance measures, ensuring that the property meets the latest safety standards. Additionally, the sewer line infrastructure beneath the property has been replaced.Moreover, trash management has been restructured, with each tenant assuming responsibility for their individual trash bills, which are now included in their respective electric bills. Notably, Units 2, 3, 6, and 7 have received an upgrade with the installation of new hardwood flooring.
Full Property Details
Full Property Details for 6613 Irvine Ave
General
- Sold For: $1,575,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 23-307053
- Added to Site: 880 day(s) ago
Interior
- Rooms/Areas: Attic, Breakfast Area
- Flooring: Carpet, Mixed, Laminate
Rooms
Bathrooms
- Total Bathrooms: 9
Bedrooms
- Total Bedrooms: 14
Other Rooms
- Laundry: Community
Additional Information
- Shared Amenities: None
- Pool Description: None
- Spa Description: None
- Security/Safety: None
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Garage Description: Covered Parking
Location
- Area: North Hollywood
- County: Los Angeles
- Driving Directions: South of Vanowen Street and Lankershim Blvd.
- Direction Faces: South
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Utilities
- Sewer: In Street
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Traditional
- Roof: Composition, Shingle
- Common Walls: Attached
- Stories/Levels: 0
- Square Feet: 6,430
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1961
- Year Built Source: Vendor Enhanced
- Other Struct. Feat.: Balcony
Unit Information
- Units in Complex: 7
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 2
- Bedrooms: 3
Unit 5
- Total Bathrooms: 2
- Bedrooms: 3
Unit 6
- Total Bathrooms: 1
- Bedrooms: 2
Unit 7
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1831
- Lot Size: 7974
- Lot Size Source: Vendor Enhanced
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $264.37
- Assessment Year: 1961
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 2320-026-013
Listed by Robert Pitts Estates, Robert Pitts
Sold by JohnHart Real Estate, Haik Bokhchalian
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Schools
Schools serving 6613 Irvine Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Victory Boulevard Elementary School 6315 Radford Ave., Los Angeles, CA 91606 | K-5 | 0.5 mi |
Roy Romer Middle School 6501 Laurel Canyon Blvd., Los Angeles, CA 91606 | 6-8 | 0.6 mi |
North Hollywood Senior High School 5231 Colfax Ave., Los Angeles, CA 91601 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6613 Irvine Ave
Date
Details
Price
Change
Source
1/11/2024
Sold
$1,575,000
-7.35%
MLS
10/25/2023
Price Reduced
$1,699,900
-5.56%
MLS
9/17/2023
Price Increased
$1,800,001
—
MLS
9/01/2023
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6613 Irvine Ave, North Hollywood, CA 91606 (MLS# 23-307053) is a Multi-Family property that was sold at $1,575,000 on January 11, 2024. Want to learn more about 6613 Irvine Ave? Do you have questions about finding other Multi-Family real estate for sale in North Hollywood? You can browse all North Hollywood real estate or contact a Coldwell Banker agent to request more information.

