7254 Coldwater Canyon Ave North Hollywood, CA 91605

$--

-- Beds
-- Baths
5,780 Sq.Ft.

Off Market

Map preview of 7254 Coldwater Canyon Ave, North Hollywood, CA 91605

Property Overview: 7254 Coldwater Canyon Ave North Hollywood, CA has -- bedrooms, -- bathrooms, 5,780 living square feet and 48,133 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

7254 Coldwater Canyon Ave is currently an off market home in the city of North Hollywood. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of North Hollywood has a median list price of $955,000. The median price per/sqft for North Hollywood is $610. With those numbers in mind, if you are looking to purchase a median priced home in North Hollywood, CA and put 20% down you will need to save up $191,000 for the down payment and will need roughly $19,100 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in North Hollywood the commission could be as much as $45,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 7254 Coldwater Canyon Ave

Last sold on August 15th, 2019

August, 2019
Aug 15, 2019

Date

Sold (Public Records)

Public Records

--

Price
March, 2019
Mar 26, 2019

Date

Sold

CRMLS: GD18224671

$3,800,000

Price
Jan 28, 2019

Date

Price Change

CRMLS: GD18224671

$3,950,000

Price
Sep 14, 2018

Date

Active

CRMLS: GD18224671

$4,495,000

Price
Listing provided courtesy of CRMLS

We are pleased to present an industrial single tenant opportunity in North Hollywood, California featuring TechAir, one of the nation’s leading suppliers of industrial gasses and equipment. The lease is an Industrial Single Tenant Net Lease obligating the tenant to pay for 100% of the property expenses, property taxes, insurance and maintenance making this lease an Absolute NNN lease. The Subject Site is fully leased by TechAir and contains approximately 1.11± acres of land and 5,780± square feet of building in accordance to the Property Profile reports. In addition, there are substantial specialized improvements, which may be irreplaceable or difficult to replicate should the tenant decide to move. Especially considering the low industrial inventory of North Hollywood and the general San Fernando Valley market, there would be significant logistical and regulatory burdens the tenant would have to endure to find another comparable location. The tenant’s current lease started in 2013 and extends to July 2018. Tenant has two 5-year options to extend their lease and has exercised their first option. In the second 5-year option, the rents adjust to “Prevailing Market Rents”, which in our opinion, has seen a substantial increase in the past several years. At it’s current list price the property delivers a 4.75% cap rate with room for improvement at the end of the first option period.

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February, 2019
Feb 15, 2019

Date

Sold (Public Records)

Public Records

$3,800,000

Price

Tax History for 7254 Coldwater Canyon Ave

Assessed Value (2020): $3,876,000

Year	Land Value	Improved Value	Assessed Value
2020	$3,774,000	$102,000	$3,876,000

About 7254 Coldwater Canyon Ave

Detailed summary of property

7254 Coldwater Canyon Ave is categorized with a use code of Warehouse (Industrial) in North Hollywood, CA 91605 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 5,780 living square feet, and sits on an approximately 48,133 square foot lot. Homes in North Hollywood are selling for a median price of $905,000 and a median price per square foot of $607. Local nearby listings include 14701 Mulholland Dr, 7863 Mulholland Dr and 3751 Lankershim Blvd. The average home in North Hollywood, CA is selling in 90 days. There are currently 170 homes for sale in the North Hollywood real estate market and 133 of them are single family homes while 32 of them are condos and 5 are townhomes. If you are the homeowner and looking to sell the home at 7254 Coldwater Canyon Ave North Hollywood, CA 91605 contact Ardent Real Estate Group and we will put you in touch with one of our North Hollywood agents.

Public Facts for 7254 Coldwater Canyon Ave

Public county record property details

Beds: --
Baths: --
Year built: 1990
Sq. Ft.: 5,780
Lot Size: 48,133
Stories: 1

Type: Warehouse (Industrial)
Pool: No
Spa: No
County: Los Angeles
Lot#: A
APN: 2324-005-034

The source for these homes facts are from public records.

91605 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$924,999

Median List Price/Sq.Ft.

$581

Median Sold Price

$890,000

Median Sold Price/Sq.Ft.

$547

Total Inventory

Median Sale to List Price %

101.15%

Avg Days on Market

Loan Type

Conventional (40%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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(714) 706-1823

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