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6731 Morella Ave, North Hollywood, CA 91606
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6731 Morella Ave North Hollywood, CA 91606

$1,195,000
  • 6 Beds
  • 4 Baths
  • 2,327 Sq.Ft.
For Sale
$1,195,000 Get Pre-Qualified
Map preview of 6731 Morella Ave, North Hollywood, CA 91606

Property Overview: 6731 Morella Ave North Hollywood, CA has 6 bedrooms, 4 bathrooms, 2,327 living square feet and 5,265 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to 6731 Morella Ave – A Promising Income Investment! This single-family residence features a desirable ADU (Accessory Dwelling Unit). There are no attached walls, and separate entrances. 6731 boasts an attached garage with two parking spaces, three bedrooms, and two bathrooms across 1,187 sq. ft. The ADU at 6733 also offers three bedrooms and two bathrooms, with 1,140 sq. ft. of living space. Both units are equipped with recessed lighting, central air conditioning and heating, dedicated laundry areas, spacious family rooms, and kitchens featuring gas stovetops, ovens, and range hoods. Each primary suite includes an en-suite bathroom with a shower-in tub, while the additional guest bedrooms provide plenty of space for customization. Situated in the highly sought-after North Hollywood neighborhood, this property offers convenient access to the 170 freeway and is just a short drive from Burbank Airport. Don’t miss this opportunity to live in one unit and rent out the other for income, or maximize your investment by renting both!

Listed by Raffi Soualian | BRE #01887303 | JohnHart Real Estate
Co-listed by Taline Soualian | BRE #01937721 | JohnHart Real Estate
Last checked: 6 minutes ago | Last updated: September 24th, 2024 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
5,265
HOA Dues
$0/mo
Year built
2019
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
GD24197657
City
North Hollywood
County
Los Angeles
Time on Site
4 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,650
  • Total Rent: $3,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,400
  • Total Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.9%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,600
  • Net Operating Income: $59,158
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,442
  • Licenses: $205
  • New Taxes: $14,937
  • Trash: $0
  • Gardener: $400
  • Insurance: $2,200
  • Maintenance: $2,250
  • Water/Sewer: $4,080
  • Other Expenses: $980
  • Other Expense Description: Septic

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Property Details for 6731 Morella Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Laminate, Tile
  • Living Room, Primary Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Refrigerator, Tankless Water Heater
Interior Features
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 2322014050
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Septic Type Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Take Vanowen St to Morella Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local North Hollywood Agent

Sale History for 6731 Morella Ave

View property's historical transactions

  • September, 2024

  • Sep 23, 2024

    Date

    Active

    CRMLS: GD24197657

    $1,195,000

    Price

Tax History for 6731 Morella Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

6731 Morella Ave is listed 25.13% higher than the median list price for the city of North Hollywood which has a median list price of $955,000. The median price per/sqft for North Hollywood is $603 and this home is listed at $513.54 per/sqft which puts the price per square foot 14.84% lower than the median price per square foot for the city of North Hollywood.

About 6731 Morella Ave

Detailed summary of property

6731 Morella Ave is a single family home located in North Hollywood, CA 91606 and is currently for sale. This house offers 6 bedrooms, 4 bathrooms, roughly 2,327 living square feet, and sits on an approximately 5,265 square foot lot. 6731 Morella Ave was first listed on ArdentRealEstateGroup.com on September 24, 2024. The homeowner is currently asking $1,195,000. The median priced home in North Hollywood is $955,000 with a median price per square foot of $603. Based on Ardent Real Estate Group's North Hollywood Market Data, this home is listed 25.13% higher than the median priced home. Local competing homes currently for sale include 3131 Oakcrest Dr, 8629 Wonderland Ave and 6942 Woodrow Wilson Dr. While the average home in North Hollywood, CA is selling in 93 days, 6731 Morella Ave has a days on market of 4 days. There are currently 169 homes for sale in the North Hollywood real estate market and 131 of them are single family homes while 33 of them are condos and 5 are townhomes. For more information on this home for sale at 6731 Morella Ave North Hollywood, CA 91606 contact Ardent Real Estate Group and we will put you in touch with one of our North Hollywood agents.

Public Facts for 6731 Morella Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91606 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$969,000
Median List Price/Sq.Ft.
$558
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$604
Total Inventory
65
Median Sale to List Price %
99.5%
Avg Days on Market
38
Loan Type
Conventional (38.46%), FHA (7.69%), VA (0%), Cash (7.69%), Other (15.38%)

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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