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Multifamily

5752 - 5758 Vineland Ave.

5752 Vineland Ave, North Hollywood, CA 91601

Listing Price: $2,000,000

Cap Rate
3.17%
Number of Units
8
GRM
16.12
Occupancy
97.0%
Price/Unit
$250,000
Price/Gross SF
$336.93
Gross SF
5,936

Investment Overview

The Liberow Group of Marcus & Millichap is pleased to present 5752-5758 Vineland Avenue, an 8-unit apartment building situated on a double-lot located in prime North Hollywood, CA.

The property consists of one (1) single, three (3) one-bedroom/one-bath, and four (4) two-bedroom/two-bath units. The property offers on-site amenities including gated parking and laundry facilities. All of the garages are currently being occupied by the seller, and will be delivered vacant at the close of escrow.

The strategic location in a vibrant community offers a unique live/work opportunity for residents. With a Walk Score of 81, residents have easy access to all the dining, shopping, and entertainment options that North Hollywood has to offer. The surrounding NoHo Arts District is home to lively theaters, art galleries, local eateries, nationally known restaurants, shopping, and the NoHo Commons Shopping Mall. The property is conveniently located near the 101, 170 and 134 freeways.

With strong demographics paired with a prime location, 5752-5758 Vineland Avenue makes an exceptional choice for investors seeking a value-add opportunity.

Investment Highlights

  • Prime Noho Location
  • Close Proximity To Noho Arts District, Universal City, And Toluca Lake
  • Convenient Access To 101, 134 and 170 Freeways
  • Great Unit Mix
  • Walk Score Of 81 Considered Walkers Paradise
  • Double Lot Zoned Lard1.5, Perfect For A Small Lot Subdivision Development

Exclusively Listed By

Listing Price: $2,000,000

Cap Rate
3.17%
Number of Units
8
GRM
16.12
Occupancy
97.0%
Price/Unit
$250,000
Price/Gross SF
$336.93
Gross SF
5,936

Investment Highlights

  • Prime Noho Location
  • Close Proximity To Noho Arts District, Universal City, And Toluca Lake
  • Convenient Access To 101, 134 and 170 Freeways
  • Great Unit Mix
  • Walk Score Of 81 Considered Walkers Paradise
  • Double Lot Zoned Lard1.5, Perfect For A Small Lot Subdivision Development

Investment Overview

The Liberow Group of Marcus & Millichap is pleased to present 5752-5758 Vineland Avenue, an 8-unit apartment building situated on a double-lot located in prime North Hollywood, CA.

The property consists of one (1) single, three (3) one-bedroom/one-bath, and four (4) two-bedroom/two-bath units. The property offers on-site amenities including gated parking and laundry facilities. All of the garages are currently being occupied by the seller, and will be delivered vacant at the close of escrow.

The strategic location in a vibrant community offers a unique live/work opportunity for residents. With a Walk Score of 81, residents have easy access to all the dining, shopping, and entertainment options that North Hollywood has to offer. The surrounding NoHo Arts District is home to lively theaters, art galleries, local eateries, nationally known restaurants, shopping, and the NoHo Commons Shopping Mall. The property is conveniently located near the 101, 170 and 134 freeways.

With strong demographics paired with a prime location, 5752-5758 Vineland Avenue makes an exceptional choice for investors seeking a value-add opportunity.

Exclusively Listed By

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