6025 Craner AveLos Angeles, CA 91606
- Apartment buildings
- 13,653 SF
Property Details for 6025 Craner Ave
- Year built
- 2019
- Construction
- WOOD
- Lot size
- 0.22 AC
- Property size (Sq ft)
- 13,653 SF
- Zone code
- LARD1.5
- Property type
- Apartment buildings
- APN
- 2414-004-013
- APU
- 2414004013
Description
This stunning 2021-built, four-story apartment building in Los Angeles, CA (91606) offers six spacious units, each boasting 4 bedrooms and 5 bathrooms, ranging from 2200 to 2400 square feet. The property features modern amenities including an elevator, rooftop deck, secure lobby, and secure garage parking. Each unit includes a chef's kitchen and multiple balconies. The building's 13,653 square feet of net rentable space generates a strong NOI of $255,756 (pro-forma NOI of $283,320), resulting in a 6.01% cap rate (pro-forma 6.59%). Additional income potential exists through the leasing of office and storage space. The asking price is $4,299,000, representing $716,500 per unit and $259.23 per square foot. This exceptional property presents a compelling investment opportunity in a prime Los Angeles location. The total building square footage is 16,584 square feet.
Location Insight
- City
- North Hollywood
- County
- Los Angeles
- State
- California
- Latitude
- 34.1802
- Longitude
- -118.37
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].