5712 Camellia Ave - Apartments FOR SALE


North Hollywood, CA 91601
$4,295,000 USD
818-943-2319
5712 Camellia Ave, North Hollywood, CA for Sale
$4,295,000 USD
Apartments - FOR SALE
1/20
null | 4.54% Cap Rate

5712 Camellia Ave
North Hollywood, CA 91601


HIGHLIGHTS

  • North Hollywood location
  • Built in 1989 – Not Subject to the Los Angeles Rent Stabilization Ordinance
  • 14-unit apartment building featuring an attractive mix of four (4) one-bedroom/one-bath and ten (10) two-bedroom/two-bath units
  • Approximately 15,200 square feet of rentable area on an 11,252 square foot lot
  • Spacious units with central air conditioning and heating throughout; select units feature private balconies and fireplaces
  • Offered at a price below replacement cost of approximately $282 per square foot

OVERVIEW

The Sterman Multi-Family Group of Marcus & Millichap is pleased to present 5712 Camellia Avenue, a 14-unit apartment building located in the desirable North Hollywood submarket of Los Angeles. Built in 1989, the property is situated on an approximately 11,252 square foot lot with roughly 15,200 square feet of rentable area. The unit mix includes four (4) one-bedroom/one-bath units and ten (10) two-bedroom/two-bath units, offering spacious floor plans that appeal to strong and consistent rental demand. The property is not subject to the Los Angeles Rent Stabilization Ordinance, providing investors meaningful operational flexibility and long-term income growth potential. 5712 Camellia Avenue is ideally located near the NoHo Arts District, offering residents convenient access to a vibrant mix of dining, retail, and entertainment options, as well as the Metro B Line (Red Line). The property also benefits from excellent connectivity via the 101 and 170 freeways, allowing easy access to major employment centers throughout the San Fernando Valley and Greater Los Angeles. Offered at a price below replacement cost of approximately $282 per square foot, the asset presents an attractive value proposition. Additional features include spacious units, central air conditioning and heating in all units, and select units with private balconies and fireplaces, enhancing tenant appeal in a high-demand rental market.

FOR SALE DETAILS

PRICE

$4,295,000 USD

PRICE/SF

$283 USD /SF

# OF UNITS

14

PRICE/UNIT

$306,786

CAP RATE

4.54%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,252 SF

ZONING

LAR3

APN/PARCEL ID

2338-022-013

ASK ABOUT THIS PROPERTY

Michael StermanMarcus & MillichapMore Info
818-943-2319

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Michael StermanMarcus & MillichapMore Info
818-943-2319

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