10920 Camarillo St
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10920 Camarillo St
16 Unit Apartment Building $9,250,000 ($578,125/Unit) 5.02% Cap Rate North Hollywood, CA 91602
Investment Highlights
- Excellent Location: Property is located less than a mile from the inter-city Metro Station and adjacent to US 101/CA 170 & CA 134 freeways.
- Modern Design & Amenities: The building includes features such as keyless entry, in-unit laundry facilities, & separate HVAC systems for each unit.
- High Demand Location with 3 Affordable Units: Property includes 3 units operating under a Rental Covenant Agreement qualifying as Low-Income Units.
Executive Summary
The Investment Services Group (ISG) of LOGIC Commercial Real Estate is pleased to present an under-construction multifamily project situated on ±0.17 acres of land in North Hollywood, California. The project is slated to deliver a five-story, sixteen-unit apartment building May 1, 2024.
Out of the sixteen (16) total units, the Property features one (1) Accessory Dwelling Unit (ADU), three (3) Low-Income Units, and twelve (12) Units with a combination of 1- & 2- Bed/Bath options with additional configuration options to include a den or balcony. The Property also features a range of desirable amenities, including security gate controlled, elevator served, underground parking stalls, a secured bicycle storage room for fifteen (15) bikes, front lobby with marble walls, and Samsung appliances in all units.
Link to OM: https://logiccre.com/1031_properties/10920-camarillo-st/
Out of the sixteen (16) total units, the Property features one (1) Accessory Dwelling Unit (ADU), three (3) Low-Income Units, and twelve (12) Units with a combination of 1- & 2- Bed/Bath options with additional configuration options to include a den or balcony. The Property also features a range of desirable amenities, including security gate controlled, elevator served, underground parking stalls, a secured bicycle storage room for fifteen (15) bikes, front lobby with marble walls, and Samsung appliances in all units.
Link to OM: https://logiccre.com/1031_properties/10920-camarillo-st/
Property Facts
| Price | $9,250,000 | Apartment Style | Mid Rise |
| Price Per Unit | $578,125 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 5.02% | Construction Status | Under Construction |
| No. Units | 16 | Building Size | 14,750 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2024 |
| Price | $9,250,000 |
| Price Per Unit | $578,125 |
| Sale Type | Investment |
| Cap Rate | 5.02% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Construction Status | Under Construction |
| Building Size | 14,750 SF |
| No. Stories | 5 |
| Year Built | 2024 |
Walk Score ®
Very Walkable (89)
zoning
| Zoning Code | R3-1 |
| R3-1 |
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Karim Chatoor -
Cathy Jones -
Sarah Garcia -
Paul Miachika -
Blaze Katz -
Logic Commercial Real Estate
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10920 Camarillo St
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