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5820 Craner Avenue, North Hollywood, CA – $1,435,000

  • $1.4M Price
  • 3,382 Sqft
  • 3 DOM
  • $1.4M Price
  • 3,382 Sqft
  • 3 DOM

5820 Craner Avenue

Calling all 1031 buyers, investors looking for an outstanding return, owner occupiers, and individuals in need of a family compound… this impressive property is for ALL OF YOU! 5820 Craner is made up of two sleek, freestanding, 2-story modern residences on a 6,750 square foot lot in an excellent NoHo Arts location! The property features a massive 4 bedroom, 4 bathroom front house (a whopping 2,146 square feet), plus a 1,236 square foot 3 bedroom, 2.5 bathroom accessory dwelling unit! This is a rare and exciting opportunity to buy 2 brand new residences for an unheard of price of $717,500 a piece. New construction homes are selling for almost $900,000 nearby. This property is ideal for both owner occupiers and investors! Live in one of the luxurious homes and use the other to pay the majority of the mortgage! Or rent both units out for a projected cap rate of 5.05%! This one-of-a-kind property is located LESS than 5 minutes from both the heart of the NoHo Arts District and NoHo West! Other notable features include: walk-in closets with impressive built-in cabinetry, enormous yards and patios, large balconies for each home, high ceilings, thoughtfully designed, spacious floorplans, stainless steel appliances, manicured landscaping, washer/dryer hookups, chic bathrooms, immaculate kitchens, 2 garage parking spaces and 2 side-by-side driveway spaces.

Essential Information

  • MLS® #BB20199063
  • Price$1,435,000
  • Bathrooms0.00
  • Square Footage3,382
  • Lot Square Footage6,750
  • Year Built2020
  • TypeResidential Income
  • StyleModern
  • StatusActive

Community Information

  • Address5820 Craner Avenue
  • AreaNorth Hollywood (NHO)
  • CityNorth Hollywood
  • CountyLos Angeles
  • StateCA
  • Zip Code91601

Amenities

  • Parking Spaces4
  • # of Garages2

Interior

  • HeatingCentral Furnace
  • CoolingCentral A/C
  • StoriesTwo

Appliances

Gas Dryer Hookup, Dishwasher, Garbage Disposal, Freezer, Gas Range, Microwave, Refrigerator

Exterior

Lot Description

Front Yard, Landscaped, Lot-Level/Flat, Level with Street, Sprinklers Drip System, Near Public Transit, Yard

Additional Information

  • Date ListedSeptember 28th, 2020
  • Days on Market3

Listing Details

  • AgentElizabeth Maddox(01921425)
  • OfficeThe 2-4 Unit Specialists

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Price Change History for 5820 Craner Avenue, North Hollywood, CA (MLS® #BB20199063)

Date Details Change
Status Changed from Coming Soon to Active

Based on information from California Regional Multiple Listing Service, Inc. as of January 17th, 2021 at 4:26pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.