6845 Hinds Ave, North Hollywood, CA 91605

12 beds8 baths5,220 sqft

Sold: $420,000
Sold on 08/21/12
Zestimate®: $1,254,441
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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This four-plex consits of (3) 3 Bd + 2 Ba and (1) 4 Bd + 2 Ba two story townhouses style units. The HUD subsidy averages 67% per unit with the tenant paying the balance. HUD provides annual rent increases. Each unit has there own storage locker, washer and dryer locker, water heater, and walk-up from the tuck under parking. There is a common use rear yard. With low turnover, and waiting lists for these large units, they are a good source of stable income. Purchase subject to HUD approval.

Facts

  • Lot: 7,906 sqft
  • Single Family
  • Built in 1980
  • Cooling: Central
  • Last sold: Aug 2012 for $420,000
  • Price/sqft: $80

Construction

  • # Stories: 1.0
  • Unit count: 4

Other

  • Floor size: 5,220 sqft
  • Last remodel year: 1980
  • Lot depth: 132
  • Lot width: 60
  • Parcel #: 2321021002
  • Zillow Home ID: 20003807

Zestimate Details

Zestimate
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$1,254,441
-$4,683 Last 30 days
$1.00M
$1.47M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

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$3,419/mo
-$219 Last 30 days
$2.1K
$6.3K
Zestimate range
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119 forecasted views of this home
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Neighborhood

Market guide

Zillow predicts North Hollywood home values will increase 2.6% next year, compared to a 2.6% rise for Los Angeles as a whole. Among North Hollywood homes, this home is valued 165.5% more than the midpoint (median) home, but is valued 78% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In North Hollywood, the number of foreclosures waiting to be sold is 23.2% greater than in Los Angeles, and 82.8% higher than the national average. This higher local number may prevent North Hollywood home values from rising as quickly as other regions in Los Angeles.

Learn more about forecast calculations or North Hollywood home values.
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