4441-45 Tujunga 4441-45 Tujunga ave - Apartments FOR SALE


North Hollywood, CA 91602
$2,445,000 USD
4441-45 Tujunga 4441-45 Tujunga ave, North Hollywood, CA for Sale
$2,445,000 USD
Apartments - FOR SALE
1/34
null | 5.15% Cap Rate

4441-45 Tujunga 4441-45 Tujunga ave
North Hollywood, CA 91602


OVERVIEW

Located in a prime North Hollywood setting just steps from Tujunga Village and Ventura Boulevard, the property offers convenient access to a wide range of dining, retail, and major employment centers. The asset features an attractive unit mix of six 2-bedroom, 1-bath units averaging approximately 900 square feet, well-suited for both families and professionals. On-site amenities include three full-size garage bays, providing valuable parking and storage—highly sought after in this submarket. The property presents strong value-add potential through interior renovations and repositioning to market rents. Supported by solid submarket fundamentals, including high occupancy levels, limited supply, and consistent demand driven by the Studio City lifestyle, the offering also benefits from long-term redevelopment potential on a large lot in a highly desirable neighborhood.

FOR SALE DETAILS

PRICE

$2,445,000 USD

PRICE/SF

$463 USD /SF

# OF UNITS

6

PRICE/UNIT

$407,500

CAP RATE

5.15%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

LARD1.5

APN/PARCEL ID

2365-014-014,2365-014-015

ASK ABOUT THIS PROPERTY

Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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