5550 Denny Avenue

North Hollywood, CA 91601 Active for $2,100,000

Overview
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Property History
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Beds: 11 Baths: 11 Structure Size: 6,068 sqft Lot Size: 10,653 sqft

Property Facts

MLS	24439055
Year Built	1964
Property Type
County	Los Angeles
Status	Active
Active	$2,100,000
Structure Size	6,068 sqft
Lot Size	10,653 sqft
Beds	11
Baths	11

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 courtesy of: Henry Garcia, Real Broker . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 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.