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Multifamily

5042 Denny Ave

5042 Denny Ave, North Hollywood, CA 91601

Listing Price: $2,200,000

Cap Rate
4.59%
Number of Units
8
GRM
8.94
Occupancy
100.0%
Price/Unit
$275,000
Price/Gross SF
$258.00
Gross SF
8,527

Investment Overview

Upgraded Property in much desired Toluca Lake Adjacent Location featuring Large Units, great unit mix of Six 2 Bed/2Ba, One 3Bed/2 Ba and One 1Bed/1Ba Units. Lower Units Feature Private Patios. Easy Access to Employment and Entertainment Facilities of Burbank, Downtown Los Angeles, and the Westside Via Multiple transportation facilities located nearby.

Investment Highlights

  • Excellent Toluca Lake Adjacent Location Quiet Tree-Lined Street Great Curb Appeal
  • Eight-Unit Building Measuring 8527 square feet of Space Desirable Unit Mix of Mostly 2 Bedroom/2Bath units
  • Property Gated and Fenced for Privacy Seismic Retrofit Completed
  • All Electrical Panels including House Panel Replaced Recently Copper Plumbing New Windows
  • On-Site Laundry facilities- No Laundry Lease Some units with Private Patios Strong Rental Income with Considerable Upside Potential

Exclusively Listed By

Financing By

Multifamily

5042 Denny Ave

Listing Price: $2,200,000

Cap Rate
4.59%
Number of Units
8
GRM
8.94
Occupancy
100.0%
Price/Unit
$275,000
Price/Gross SF
$258.00
Gross SF
8,527

Investment Highlights

  • Excellent Toluca Lake Adjacent Location Quiet Tree-Lined Street Great Curb Appeal
  • Eight-Unit Building Measuring 8527 square feet of Space Desirable Unit Mix of Mostly 2 Bedroom/2Bath units
  • Property Gated and Fenced for Privacy Seismic Retrofit Completed
  • All Electrical Panels including House Panel Replaced Recently Copper Plumbing New Windows
  • On-Site Laundry facilities- No Laundry Lease Some units with Private Patios Strong Rental Income with Considerable Upside Potential

Investment Overview

Upgraded Property in much desired Toluca Lake Adjacent Location featuring Large Units, great unit mix of Six 2 Bed/2Ba, One 3Bed/2 Ba and One 1Bed/1Ba Units. Lower Units Feature Private Patios. Easy Access to Employment and Entertainment Facilities of Burbank, Downtown Los Angeles, and the Westside Via Multiple transportation facilities located nearby.

Exclusively Listed By

Financing By

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