• 7237 Kraft Avenue North Hollywood, CA 91605

  • $1,149,999
  • 6
    Bed(s)
  • 3
    Baths
  • 2,201
    Sq Ft
  • 6752
    Sqft
  • Listed By: Lusine Piliposyan, Keller Williams Studio City, DRE #02010076
  • Source: CRMLS

Welcome to this meticulously maintained duplex offering two units, two separate addresses. Perfect for savvy investors seeking income-generating potential. The recently renovated front unit features 3 bedrooms, 1 bathroom, and approximately 1008 square feet of living space, complete with modern amenities such as a new kitchen, washer/dryer. Meanwhile, the rear unit, offers comfortable living with 3 bedrooms, 2 bathrooms, walk-in closets, an in-unit laundry area, and a stylish kitchen. Both units are equipped with solar power, ensuring energy efficiency and cost savings for tenants. Both units are separate from one another by a vinyl fence. ADU drafted plans are available for the detached garage, presenting buyers with the opportunity for conversion into an additional dwelling unit, thereby maximizing the property's income potential. the ability to generate $3000-$4500 monthly rent, per unit. This property presents a lucrative investment opportunity. Conveniently located near Costco and Home Depot, with easy access to major freeways and public transportation. Whether you're an investor seeking rental income or an owner-occupant looking to maximize rental income potential, this property offers versatility and financial upside. Don't miss this rare opportunity to own an income-generating property in the heart of North Hollywood. Schedule your viewing today to explore the potential of this highly desirable duplex!

Property Type :

Residential

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 6

Bathroom Information

Total Baths: 3

Full Baths: 3

Half Baths: 0

Interior Features

Interior Features: Walk-In Closet(s)

Property Appliances: Dryer,Washer

Fireplace: None

Furnished Description: Unfurnished

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1949

Building Area Total: 2,201

Security Features

Gated Community,Smoke Detector(s)

Pool Features

None

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.155

Lot Size Dimensions: 50x135

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 6752

Listing Price Information

Original List Price: 1,149,999

Listing Contract Date: 2024-03-27

Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 2316022020

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: NHO - North Hollywood

Postal Code Plus 4: 3910

Directions: From East of Sherman Way, Right on Kraft

Zoning: LAR1

Source Property Type: Residential

Area: NHO - North Hollywood

Property SubType: Single Family Residence

Building and Construction

Property Age: 75

Common Walls: No Common Walls

Property Condition: Updated/Remodeled

Structure Type: Single Family Residence

Year Built Source: Vendor Enhanced

Total Square Feet Living: 2201

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6944 Radford Avenue, North Hollywood, CA,91605 $1,498,000 4 3 2,420 9000 Sqft
11813 Runnymede Street .., North Hollywood, CA,91605 $225,000 1 1 750 103238 Sqft
12140 Hart Street, North Hollywood, CA,91605 $1,199,000 -- -- -- 6996 Sqft
12140 Hart Street, North Hollywood, CA,91605 $1,199,000 -- -- -- 6996 Sqft
12007 Saticoy Street, North Hollywood, CA,91605 $1,100,000 4 3 1,778 5925 Sqft
6827 Radford Avenue, North Hollywood, CA,91605 $1,299,000 -- -- 4,081 7944 Sqft
6904 Radford Avenue, North Hollywood, CA,91605 $479,000 2 2 988 7871 Sqft
12429 Burton Street, North Hollywood, CA,91605 $1,299,950 4 3 2,092 7573 Sqft
13125 Strathern Street, North Hollywood, CA,91605 $1,090,000 5 2 2,169 7202 Sqft
6860 Gentry Avenue, North Hollywood, CA,91605 $2,800,000 8 6 6,329 6772 Sqft

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ByOwner last updated this listing 04/28/2024 @ 07:50

MLS: 24371835
LISTED BY: Lusine Piliposyan, Keller Williams Studio City
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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