5550 Denny Avenue
North Hollywood, CA 91601
6068 sqft | 11 beds | 0.24 acres | #24439055
Description
This 8 unit apartment building is located in the heart of North Hollywood, and just a few blocks from the NoHo Arts District. 5550 Denny Ave is surrounded by single family homes in a low density street with both onsite and offsite parking. The property has great curb appeal with all new concrete, new entrance gate and planters. Per the Seller, in 2019 the building was updated to all new copper plumbing and a new roof . All electrical panels are currently be replaced. This property has an attractive unit mix of one & two bedroom units, and is separately metered for gas and electricity. At list price, this has an attractive 6.32% CAP with an additional 25% rental upside.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Lot DescriptionLandscaped
- Original List Price$2,100,000
- MLS #24439055
- MLS #24439055
- Cost2100000
- Acres0.2446
- Square Feet6068
- Year Built1964
- Bedrooms11
- Stories2
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Henry Garcia (#CLW-X75180)
Listing Office: Real Broker (#CLW-X79021)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
