5853 Vineland Ave - Apartments FOR SALE


North Hollywood, CA 91601
$3,125,000 USD
310-482-0173
5853 Vineland Ave, North Hollywood, CA for Sale
$3,125,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

5853 Vineland Ave
North Hollywood, CA 91601


OVERVIEW

Four-unit property in the heart of North Hollywood delivered fully vacant and not subject to rent control. A fantastic investment, in one of LA's fastest-growing neighborhoods, offering strong income potential! This recently updated, modern development consists of two stylish, two-story buildings, each unit individually metered and thoughtfully designed for long-term value and tenant appeal. Each unit features smart-controlled central HVAC, recessed lighting, stainless steel appliances, in-unit stackable washer and dryer, private patio space and two assigned parking spaces. The gated property includes three separate driveways and room for potential guest parking. All furniture, fixtures, appliances and hot tubs included. Located just minutes from the NoHo Arts District and the vibrant NoHo West development, enjoy convenient access to shopping, dining, entertainment, and major public transit options, just 15 minutes to Universal and Hollywood. Nearby grocery stores and ongoing large-scale developments add to the area's growing demand.

FOR SALE DETAILS

PRICE

$3,125,000 USD

PRICE/SF

$741 USD /SF

# OF UNITS

4

PRICE/UNIT

$781,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

LARD1.5

APN/PARCEL ID

2337-022-002

ASK ABOUT THIS PROPERTY

Richard SchulmanKW AdvisorsMore Info
310-482-0173

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Richard SchulmanKW AdvisorsMore Info
310-482-0173

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