5651 Klump Avenue
North Hollywood, CA 91601

$2,350,000

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Status Active
Listing MultiFamily
Style Modern
Year Built 2019
MLS® BB19119462
Original Listing Open Link
MultiFamily For Sale

Property Features
The 2-4 Unit Specialists are pleased to present this incredibly priced new construction fourplex in the NoHo Arts District! 5649 Klump Ave has an estimated completion date of July 2019. Get your offers in early to lock this deal up at an amazing price. Park your money here and enjoy NO RENT CONTROL and exceptional return! 5649 Klump is made up of four 3-story, side-by-side townhome style units with spacious floorplans and awesome views. Our rental team has found this unit type to be the #1 choice of renters. The excellent location, walking distance to all the excitement that NoHo has to offer, paired with the upscale modern units makes for quick, easy rentals. At $2,350,000 you’re looking at a realistic projected cap rate of 5.38%, if not higher. Other perks to this property include: optimal parking (2-car garages for three of the units and two exterior spots), separate meters for all utilities, stainless steel appliances, drought tolerant landscaping, and a 1 year fit and finish warranty! Additionally, this is located in a CA Opportunity Zone, which could mean tax benefits (please consult with a tax specialist).
Key Features
Lot Size 6, 527.00 acres
Property Type MultiFamily
Year Built 2019
Style Modern
Stories 3.0
Parking Spaces 8-car
Interior Features
Cooling Central A/C
Exterior Features
Lot Size 6, 527.00 acres
Roof Unknown
Parking Spaces 8-car
The Neighborhood
County Los Angeles

Disclaimer: Copyright © 2019 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Interested in this listing?
Listing Agent
Elizabeth Maddox
The 2-4 Unit Specialists
Direct: 818-850-8485
Broker: 818-859-7242
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Contact
Listing Agent
Elizabeth Maddox
The 2-4 Unit Specialists
Direct: 818-850-8485
Broker: 818-859-7242
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
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Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.