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Annie Culbertson &
Debbie Rossetto

Mobile Phone:
408-707-0340
annieculbertson@comcast.net
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Annie Culbertson &
Debbie Rossetto

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Mobile Phone:
408-707-0340
annieculbertson@
comcast.net
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Buyer Info
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Seller Info
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FOR SALE
$8,750,000

5630 Fair Avenue
North Hollywood (los Angeles), CA 91601

Business Opportunities
Commercial
28,381
Sq. Ft.
0.39
Acre Lot
Courtesy: Filip Niculete - Marcus & Millichap; Email: info@laaa.com
Home> California> North Hollywood (los Angeles)> 91601
We are proud to present "The Fair", a 15-unit condominium property located at 5630 Fair Ave in North Hollywood, CA. Built in 2018 to condo specifications, this property is 100% free of all rent control. The 28,381 sqft building sits on a 0.39 acre lot, and it boasts an excellent unit mix of all 3 bed / 2 bath condos. The 15 condos are split into 5 different floor plans ranging from 1,460 sqft to 1,574 sqft, with the average of 1,502 sqft. Of the 15 units, 13 are market-rate and 2 are low-income restricted.The property has gated parking on the ground floor with three levels of residential above. Each of the three residential floors have 5 condos with a stacked design. These well designed condos feature new stainless steel appliances, an in-unit washer/dryer, an open-plan kitchen and dining area, a large living room with wood-inspired vinyl floors, and a balcony. Central air conditioning, modern finishes, and a host of amenities including an elevator, covered parking, video surveillance, and more, ensure a safe and comfortable living environment for the tenants. The property has 8 KWP solar panels and EV Chargers, both of which provide additional income. Currently, these condos are being operated as apartment rents and bringing in a combined $48,000 in monthly rent. If the investor
CL24374371
Business Opportunities, Other
Los Angeles
2018
0.39 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Filip Niculete - Marcus & Millichap; Email: info@laaa.com

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