CA > North Hollywood
North Hollywood, CA 91601,5550 Denny Ave
North Hollywood, CA 91601,5550 Denny Ave
North Hollywood, CA 91601,5550 Denny Ave
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$2,100,000
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11 BD
11 BA
6,068 SqFt
Pending

5550 Denny Ave North Hollywood, CA 91601

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Jennifer Stuart

Jennifer Stuart

+1(702) 265-4498

UPDATED:

11/01/2024 04:54 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,068 sqft

Price per Sqft $346

MLS Listing ID 24-439055

Bedrooms 11

Year Built 1964

Lot Size 10,653 Sqft

Acres 0.2446

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 North Hollywood

Zoning LAR1

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Microwave, Range/Oven, Dishwasher

Laundry In Unit

Exterior

Garage Uncovered, Assigned, Gated

Garage Spaces 8.0

Building

Lot Description Landscaped

Story 2

Water Public

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Real Broker

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Jennifer Stuart

Agent | RE.56321

+1(702) 265-4498

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5550 Denny Ave