5325 Denny Ave - Apartments FOR SALE


North Hollywood, CA 91601
$8,288,000 USD
310-477-8865
5325 Denny Ave, North Hollywood, CA for Sale
$8,288,000 USD
Apartments - FOR SALE
1/41
null | Request Cap Rate

5325 Denny Ave
North Hollywood, CA 91601


OVERVIEW

5325 Denny is a prime 17 unit investment property positioned in close proximity to the NOHO arts district as well as a major freeway corridor of the 101,170 and 134. Fully redone and upgraded with no expense spared, this luxury income property boasts on site laundry, a gated parking garage, a courtyard with outdoor seating and bbq. With recent high end upgrades, each unit has full HVAC, modern kitchens with stainless appliances, laminate wood floors, ceiling fans, fireplaces, high vaulted ceilings in the top floor units, horizontal blinds and balconies. Nearby major employers like Universal Studios and Warner Bros. attract a strong talent pool. Residents enjoy close proximity to major landmarks like the Huntington Library, Dodger Stadium and Griffith Observatory. With historically low vacancy, 5325 Denny offers stability and security for the seasoned investor or 1st time buyer.

FOR SALE DETAILS

PRICE

$8,288,000 USD

PRICE/SF

$471 USD /SF

# OF UNITS

17

PRICE/UNIT

$487,529

CAP RATE

Request Cap Rate

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Denny Avenue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,500 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

2416-023-025

ASK ABOUT THIS PROPERTY

Robert HurwitzHurwitz James CompanyMore Info
310-477-8865

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Robert HurwitzHurwitz James CompanyMore Info
310-477-8865

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.