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5937 Willowcrest Ave
North Hollywood, CA 91601

$1,425,000 USD

Apartments For Sale  •  5,069 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,069 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1960
  • Zoning LAR3
46 Transit Score
79 Walk Score

Highlights

Great eight-unit apartment complex with (6) -1 bed / 1 bath, (1) - 1 bed / 1 bath ADU, and (1) - studio / 1 bath
Potential rental upside of approximately 65%
The building's main electrical panel was recently upgraded allowing for easier insurability (Buyer to Verify)
Six parking spaces with completed seismic retrofit
On-site laundry room with machines on a current laundry lease
Assumable Chase loan of approximately $600,000 @ 3.51% that is fixed until July, 2026

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 2.0 mi
Burbank Airport - North (Av Line) Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains) 6 min - 2.9 mi
AirportDriveWalkDistance
Bob Hope 6 min - 2.6 mi
Los Angeles International 36 min - 25.2 mi
Long Beach (Daugherty Field) 49 min - 35.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Casey Picard 626-376-9224 KW Commercial
Casey Picard 626-376-9224 KW Commercial