5550 Denny AVE Pending

North Hollywood,CA 91601

$ 2100000

11 Beds

11 Baths

6068 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,068 sqft

Price per Sqft $346

MLS Listing ID 24439055

Bedrooms 11

Year Built 1964

Lot Size 10,654 Sqft

Property 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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR1

Interior

Heating Wall Furnace

Exterior

Garage Assigned,Gated,Uncovered

Community Features Gated

Building

Lot Description Landscaped

Story 2

New Construction No

Others

Special Listing Condition Standard

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