5937 Willowcrest Ave - Apartments FOR SALE
North Hollywood, CA 91601 |
5937 Willowcrest Ave
North Hollywood, CA 91601
HIGHLIGHTS
- Great eight-unit apartment complex with (6) -1 bed / 1 bath, (1) - 1 bed / 1 bath ADU, and (1) - studio / 1 bath
- Potential rental upside of approximately 65%
- The building's main electrical panel was recently upgraded allowing for easier insurability (Buyer to Verify)
- Six parking spaces with completed seismic retrofit
- On-site laundry room with machines on a current laundry lease
- Assumable Chase loan of approximately $600,000 @ 3.51% that is fixed until July, 2026
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Willowcrest Apartments - 65% Upside in Rents
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
5069
STORIES
2
YEAR BUILT
1960
PARKING SPACES
6
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
2415-014-021
