Welcome to 5525 Elmer Avenue! Come see this quadruplex that has 2 townhomes and a detached owner's unit! This is an excellent income property located in the heart of NoHo Arts District. THis is the perfect central location for yourself and your future prospective tenants: walking distance to the Metro, parks, shopping, restaurants, and studios. Freeways and other transportation are commuting distance. New developments in the area make this a great property to add to the real estate portfolio, especially if one wants to add ADUs to generate more passive income. This property will not last long!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Heating and Cooling
- Cooling Features: Window Unit(s), Central
- Heating Features: Combination
Land Info
- Lot Size Acres: 0.1499311
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6531
Garage and Parking
- Garage Description: Assigned
- Parking Total: 6
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
- Number of Buildings: 2
- Number of Units: 4
- Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1.5, 1 SquareFeet: 2800, 2 BedsTotal: 2, 2 BathsTotal: 1.5, 2 SquareFeet: 2500, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1500, 4 BedsTotal: 3, 4 BathsTotal: 1, 4 SquareFeet: 3200
Rental Info
- Tenant Pays: Gas, Electric, Insurance
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Cross Street: Lankershim and Cumpston
- Directions: From the 170 North Freeway, exit Burbank Blvd and make a right. Pass Lankershim Blvd and make a right turn on Elmer Avenue. The property will be on the right-hand side.
- Source Property Type: Residential Income
- Area: North Hollywood
- Source Neighborhood: North Hollywood
- Owner Pays: Water
- Parcel Number: 2350-008-046
- Postal Code Plus 4: 2414
- Zoning: LAR4
- Source System Name: C2C
Commercial Info
- Net Operating Income: 25000
Building and Construction
- Total Square Feet Living: 2987
- Year Built: 1934
- Levels: Two Level, One Level
- Living Area Source: Vendor Enhanced
- Property Age: 90
- Year Built Source: Vendor Enhanced
Home Features
- Other Equipment: Range/Oven, Refrigerator