5550 Denny Avenue

North Hollywood, CA 91601

$2,100,000

List Price

11

bed Beds

11

shower Baths

6,068 sqft

straighten / sqft

1964

calendar_month Built

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.

Listing Information

List Price $2,100,000
Status Active
MLS 24439055
Type Residential Income
Year Built 1964
Lot Size 10,653
Structure Size 6,068
Courtesy Of Real Broker
Listing Agent Henry Garcia DRE#01303784
Co-Listing Agent Phuong Lynn Tran DRE#02059032

Interior Features

Total Bedroom
Bedrooms 11
Total Bathroom
Bathrooms 11

Exterior Information

Maps

Listing information courtesy of: Henry Garcia, Phuong Lynn Tran, Real Broker . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 13th, 2024 at 7:01 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.