4918 Tujunga Ave - Apartments FOR SALE


North Hollywood, CA 91601
$1,495,000 USD
818-903-8088
4918 Tujunga Ave, North Hollywood, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/6
null | 5.22% Cap Rate

4918 Tujunga Ave
North Hollywood, CA 91601


HIGHLIGHTS

  • Spacious units (over 1000 sqft each)
  • Recent Capital Improvements: Roof, Copper Plumbing, Upgraded windows, Water Heaters and AC Units
  • Four Car Carport, Possible ADU conversion
  • Across the street from North Hollywood Park

OVERVIEW

Exciting New Investment Opportunity for 2025 - start the year off right with the purchase of this amazing 4-unit property located in the highly sought-after NoHo area of the Valley. Great unit mix and income potential. Super spacious units, all 2 bedrooms & 1 baths, each over 1,000 sqft.  The building is clean and well-maintained assuring a great potential for upside in future rents. Recent capital improvements include a newer roof, upgraded copper plumbing, updated windows, newer water heaters and AC units. Common area laundry and parking. 1 unit may be delivered vacant (stay tuned). The property also offers excellent curb appeal and is conveniently located near transportation, shops, restaurants, parks, and is just minutes away from Hollywood, Burbank, and Downtown LA on a good day. Please Note: Drive by only and Do Not Disturb the Occupants.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

4

PRICE/UNIT

$373,750

CAP RATE

5.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NoHo 4 - Plex 4918 Tujunga Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,170 SF

ZONING

R3

APN/PARCEL ID

2353-015-008

ASK ABOUT THIS PROPERTY

Ed KoenigEK-IRE Koenig PropertiesMore Info
818-903-8088

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Ed KoenigEK-IRE Koenig PropertiesMore Info
818-903-8088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.