5325 Denny Ave | North Hollywood, CA 91601
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5325 Denny Ave
North Hollywood, CA 91601
Denny Avenue Apartments · Multifamily Property For Sale · 17 Units
INVESTMENT HIGHLIGHTS
- Opportunity to Increase Rental Income by up to 14% to Achieve Market Rents
- High Rental Demand Location in the City of North Hollywood
- Superbly-Maintained Property Consisting of ±15,314 Rentable SF; Situated on a ±13,500 SF Lot
- Current 4.00% Cap Rate on Current Income, 4.72% Cap Rate at Market Rents
- Historically High Occupancy
- Diverse Unit Mix Featuring, a Studio + One, Two, and Three-Bedroom
PROPERTY FACTS
| No. Units | 17 | Building Size | 15,314 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1989 |
| Building Class | B | Parking Ratio | 1.11/1,000 SF |
| Lot Size | 0.31 AC |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 15,314 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 1.11/1,000 SF |
UNIT AMENITIES
- Balcony
- Dishwasher
- Fireplace
- Microwave
- Heating
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Gated
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $832.00 | 400 |
| 1+1.5 | 3 | $2,078 | 710 |
| 2+2 | 10 | $2,586 | 950 |
| 3+2 | 3 | $3,125 | 1,100 |
PROPERTY TAXES
| Parcel Number | 2416-023-025 | Improvements Assessment | $3,151,787 |
| Land Assessment | $3,852,185 | Total Assessment | $7,003,972 |
PROPERTY TAXES
Parcel Number
2416-023-025
Land Assessment
$3,852,185
Improvements Assessment
$3,151,787
Total Assessment
$7,003,972
ZONING
| Zoning Code | R3, Los Angeles |
| R3, Los Angeles |
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