6846 Gentry Ave - Apartments FOR SALE


North Hollywood, CA 91605
$650,000 USD
951-830-5962
6846 Gentry Ave, North Hollywood, CA for Sale
$650,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

6846 Gentry Ave
North Hollywood, CA 91605


OVERVIEW

Mike West of Inland West is pleased to present for sale 6846 Gentry Ave, a 5-unit multifamily opportunity located in North Hollywood, California. The property consists of one residential building situated on a parcel totaling approximately ±7,997 square feet and features five (5) one-bedroom/one-bath units. Constructed in 1991, the property contains approximately ±4,488 square feet of improvements. The offering presents investors with the rare opportunity to acquire a multifamily asset where the current in-place rents remain materially below prevailing market rents within the surrounding submarket, providing investors with significant long-term operational repositioning potential within an established Southern California multifamily submarket. Additional property features include: • Off-street parking • Separately metered utilities

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$511 USD /SF

# OF UNITS

5

PRICE/UNIT

$130,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,998 SF

ZONING

LARD1.5

APN/PARCEL ID

2321-022-017

ASK ABOUT THIS PROPERTY

Mike WestInland WestMore Info
951-830-5962

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

Mike WestInland WestMore Info
951-830-5962

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