6711-6715 Tujunga Ave - Apartments FOR SALE


North Hollywood, CA 91606
$2,095,000 USD
818-865-8305
6711-6715 Tujunga Ave, North Hollywood, CA for Sale
$2,095,000 USD
Apartments - FOR SALE
1/6
null | 4.67% Cap Rate

6711-6715 Tujunga Ave
North Hollywood, CA 91606


HIGHLIGHTS

  • Approxiamtely 36% upside in the rents
  • Professionally managed - well maintained
  • Long term residents
  • No soft-story retrofit. Single story bungalo style
  • Pitched roof - raised foundation
  • Central water heater - Individually metered electric

OVERVIEW

Hanes Investment Realty, Inc. is proud to have been selected as the exclusive marketing agent for the value added investment opportunity located at 6711 & 6715 Tujunga Ave in North Hollywood. The Tujunga property currently consists of 13 multifamily units with two 1-bedroom, 1-bath units and 11 singles individually metered for electric. The property is professionally managed and the square footage of the combined, individual parcels gives the property an excellent potential for redevelopment.

FOR SALE DETAILS

PRICE

$2,095,000 USD

PRICE/SF

$394 USD /SF

# OF UNITS

13

PRICE/UNIT

$161,154

CAP RATE

4.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,579 SF

ZONING

R4-1, Los Angeles

APN/PARCEL ID

2320-019-016,2320-019-017

ASK ABOUT THIS PROPERTY

Taylor BurnsideHanes Investment Realty, Inc.More Info
818-865-8305

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Taylor BurnsideHanes Investment Realty, Inc.More Info
818-865-8305

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