5525 Elmer Ave, North Hollywood, CA 91601
FOR SALE

5525 Elmer Ave
North Hollywood, CA 91601

North Hollywood
  • 7 Beds
  • 6 Baths
  • 2,987 sqft
  • 7 Beds
  • 6 Baths
  • 2,987 sqft

$2,800,000

Est. Mortgage $17,760/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Welcome to 5525 Elmer Avenue! Come see this quadruplex that has 2 townhomes and a detached owner's unit! This is an excellent income property located in the heart of NoHo Arts District. THis is the perfect central location for yourself and your future prospective tenants: walking distance to the Metro, parks, shopping, restaurants, and studios. Freeways and other transportation are commuting distance. New developments in the area make this a great property to add to the real estate portfolio, especially if one wants to add ADUs to generate more passive income. This property will not last long!

Home Highlights

Parking
6 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$937
Listed
31 days ago

Home Details for 5525 Elmer Ave

Interior Features

Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 6
Dimensions and Layout
Living Area: 2987 Square Feet
Appliances & Utilities
Appliances: Range/Oven, RefrigeratorRefrigerator
Heating & Cooling
Heating: CombinationHas CoolingAir Conditioning: Window Unit(s),Central AirHas HeatingHeating Fuel: Combination
Levels, Entrance, & Accessibility
Levels: Two, One

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 6Parking: Assigned

Days on Market

Days on Market: 31

Property Information

Year Built
Year Built: 1934
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $2,800,000Price Per Sqft: $937

Active Status

MLS Status: Active

Location

Direction & Address
City: North Hollywood

Agent Information

Listing Agent
Listing ID: 24-368981

Building

Building Area
Building Area: 2987 Square Feet

Lot Information

Lot Area: 6529.644 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Gas, Electricity, Insurance

Rental

Owner Pays: Water

Miscellaneous

Mls Number: 24-368981
Last check for updates: 1 day ago
Listing courtesy of Jean Pierre DRE # 00907711, (747) 296-1530
TNT Real Estate and Investments Inc., (661) 266-2706
Source: CLAW, MLS#24-368981

Price History for 5525 Elmer Ave

DatePriceEventSource
03/27/2024$2,800,000Listed For SaleCLAW #24-368981
09/16/2019$1,280,000Sold
N/A
08/30/2017$1,132,727ListingRemovedAgent Provided
04/29/2017$0Listed For SaleAgent Provided
12/31/2014$640,000Sold
N/A
12/16/2011$550,000Sold
N/A
08/03/2011$579,000PriceChange
Agent Provided
05/04/2011$599,500PriceChange
Agent Provided
04/27/2011$634,500PriceChange
Agent Provided
04/21/2011$649,000Listed For SaleAgent Provided
02/17/2011$699,000ListingRemovedAgent Provided
06/11/2010$699,000PriceChange
Agent Provided
02/27/2010$729,000Listed For SaleAgent Provided
12/03/2009$819,500ListingRemovedAgent Provided
11/25/2009$819,500Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2023
Tax$16,952
Assessment$1,373,328
Home facts updated by county records

Comparable Sales for 5525 Elmer Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.44
Multi-Family Home
$1,200,000
12/13/23
8
4
3,068
0.59
Multi-Family Home
$1,286,000
12/22/23
6
5
2,564
0.63
Multi-Family Home
$1,150,000
02/29/24
12
6
5,178
0.32
Multi-Family Home
$1,050,000
10/25/23
4
2
1,773
0.60
Multi-Family Home
$1,680,000
04/12/24
12
6
5,960
0.45
Multi-Family Home
$949,000
03/26/24
4
3
1,700
0.85
Multi-Family Home
$1,220,000
08/18/23
8
7
4,888
0.47
Multi-Family Home
$950,200
08/02/23
4
3
1,332
0.82
Multi-Family Home
$800,000
08/17/23
6
4
2,479

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about North Hollywood

  • Trulia User
    "There doesn’t seem to be very much community engagement or at least awareness of events happening in the neighborhood"
    1
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  • Trulia User
    "It’s a great central location close to entertainment and the metro. We have been here for over a decade and enjoy it very much. "
    0
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  • Trulia User
    "easy quick and hassle free. light traffic to work slightly heavier after work. weekends light traffic not many accidents "
    0
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  • Trulia User
    "Homeless everywhere and the cops/city does absolutely nothing about it…in the past year I’ve had my neighborhood almost catch on fire twice because of encampments going up in flame"
    5
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  • Trulia User
    "it's busy. it takes me an hour to drive 12 miles. but there are several routes to pick from to get to work whether by street or freeways."
    1
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  • Trulia User
    "I'm not sure i don't commute down town but its not terrible to get to the highway so I would day it is a decent commute time from this area "
    1
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  • Trulia User
    "Kindest neighbors I've ever had. Love that I feel safe enough to walk the neighborhood at night also"
    3
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  • Trulia User
    "there are farmers markets every week and annual festivals, though less since the pandemic started. no idea when and if they will return but this is still a good place to live. very quiet."
    0
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  • Trulia User
    "North Hollywood arts district is cool and hip but you still have to watch out for weirdos in the neighborhood that come from the subway or Greyhound. "
    2
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  • Trulia User
    "They are lots of pet areas for relief with doggy bags and trash cans. This is a very dog friendly community. "
    1
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  • Trulia User
    "safety for all students and families as well as a nice clean environment for the community. I believe in having a nice community will help us all live nicely together. Its good to know about past incidentswith other families as well as past crime rates for our children's safety"
    0
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  • Trulia User
    "Lots of shops and good restaurants. Very busy since it’s the city but it is better than more Los Angeles based cities. Nice people. "
    0
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  • Trulia User
    " I always take the subway when going either downtown or to Hollywood. Easy to get around and I try avoid the creeps "
    0
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  • Trulia User
    "I work from home. If I do go into the office to Beverly Hills it’s fine getting there but traffic on the way back is bad. "
    0
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  • Trulia User
    "This neighborhood is dirty, loud and I would not raise children here. It is also too expensive. I would look for safer, cleaner neighborhoods in Los Ángeles."
    0
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  • Trulia User
    "people are really friendly food courts are very tasty and the men are very handsome but beware that drugs are highly"
    0
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  • Trulia User
    "Great access to downtown and most of LA. About 20min drive from DTLA .Public transit is very close, a short walk."
    0
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  • Trulia User
    "It’s a great area, we moved here oct-2021, and everything is great except homeless and some cleanliness. "
    0
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  • Trulia User
    "The neighborhood is fine and safe enough but people do NOT pick up after their dogs. Much of this area smells like dog urine/poop"
    0
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  • Trulia User
    "Easy commute to work. A little bit of a homeless situation going on under the freeways. Other than that it’s good"
    0
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  • Trulia User
    "Great neighborhood with lots of trees and quiet streets that kids play on. Tranquil evenings even though everything you need is just a block or two away. "
    2
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  • Trulia User
    "easy aside from the parking. if you don't have your own parking, you're gonna have a bad time. access to public transpo and the 101"
    0
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  • Trulia User
    "Mostly a great neighborhood. We’ve met so many of our neighbors during Covid and they are great! The grade schools need some work but the middle and high school are very good. "
    0
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  • Trulia User
    "I see dogs walking outside all the time with their owner. There’s a lot of good streets around here with trees and stuff so they can smell!"
    0
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  • Trulia User
    "It's near the studios and middle ground close to great beaches and mountains. slightly cheaper than what you would find south of San Fernando valley."
    0
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  • Trulia User
    "My current neighborhood is well maintained and quiet. A lot of the locals and my neighbors are very sweet people. in"
    0
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  • Trulia User
    "I've lived in an apartment in this neighborhood for three years and really like it. The houses close by are very well kept. Neighbors mostly keep to themselves."
    0
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  • Trulia User
    "I’m not sure what makes it unique I think I’m just getting used to it but it dose have a interesting vibe there’s a lot creative energy and some cool rocker in roll history it’s Different them any place I’ve ever lived "
    0
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  • Trulia User
    "Drivers need to slow down for dog walkers and elderly, especially at sunset when there is a glare. It can be dangerous. Other than that it’s great! "
    0
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  • Michael C.
    "That it is safe for their kids. This is a true city suburb, with homelessness and crime. Research well before moving here. "
    10
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  • Tina H.
    "I live here for 4 years and I really enjoy it. There’s plenty of parks nearby and restaurants close by. "
    12
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  • Trina B.
    "Cool neighborhood where you can get a great bang for your buck. Plenty of space for parking and there’s a great dog park right around the corner from our place."
    8
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  • Greg
    "There is a pre school in the area and the neighborhood is great for kids that are active. There is also a park on morpark that is awesome for keeping your kids active. "
    0
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  • Danielle S.
    "Not a lot of kids around. Homeless in several areas. Lots of jaywalkers so be extra careful driving. Relatively quiet area. "
    3
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  • Ruby M.
    "Would not like loud barking at all times of the day because a lot of random people walk around the neighborhood "
    1
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  • Qsn2tfzuxn
    "My neighbors don’t care about how the neighborhood looks. There’s always trash on our street and lots of homeless people. "
    2
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  • Rosy N.
    "They would like the fact that there are a lot of nice and friendly dogs. There are also parks near by. They wouldn’t like that most owners don’t pickup after their dogs! "
    4
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  • Readmeresearch
    "The Christmas Eve parade is pretty cool. Every year trucks and cars are lite up with Christmas lights while Xmas music plays and go down each block for friends and families to enjoy!"
    0
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  • Carlos A. N.
    "Every year on Christmas Eve there is a neighborhood parade with Santa, Mrs. Claus, elves and dozens of carolers. Very fun for the kids. Adults like it too."
    2
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  • Damarbuelna
    "It’s good to live Art district is so good to have a good time with friends. The north Hollywood station is nearby and conects you to downtown LA in less than 30 min"
    2
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LGBTQ Local Legal Protections

Jean Pierre, TNT Real Estate and Investments Inc.
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
5525 Elmer Ave, North Hollywood, CA 91601 is a 7 bedroom, 6 bathroom, 2,987 sqft multi-family built in 1934. 5525 Elmer Ave is located in North Hollywood, North Hollywood. This property is currently available for sale and was listed by CLAW on Mar 27, 2024. The MLS # for this home is MLS# 24-368981.