5316 Cahuenga Blvd - Apartments FOR SALE


North Hollywood, CA 91601
$1,650,000 USD
310-433-2739
5316 Cahuenga Blvd, North Hollywood, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/2
null | 5.4% Cap Rate

5316 Cahuenga Blvd
North Hollywood, CA 91601


HIGHLIGHTS

  • Excellent Location - NoHo Arts District
  • Great Unit Mix of 3 two-bedroom units, 2 three-bedroom units, and 2 singles
  • Subject to a regulatory agreement requiring 40% of units (3 out of 7) be rented to eligible households
  • The Regulatory Agreement only has approx. 3 more years remaining (Buyer to verify)
  • Seismic retrofit completed by seller

OVERVIEW

Contact agent for Setup and Rent Roll

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$373 USD /SF

# OF UNITS

7

PRICE/UNIT

$235,714

CAP RATE

5.4%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,229 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

2417-003-004

ASK ABOUT THIS PROPERTY

Ardy IshalBRC Advisors - BH, Inc.More Info
310-433-2739

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Ardy IshalBRC Advisors - BH, Inc.More Info
310-433-2739

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