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5505 Zelzah Ave
Encino, CA 91316

Rare Non Rent Control in Encino · Multifamily Property For Sale · 27 Units

PROPERTY FACTS

No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.49 AC
Building Size 29,536 SF
Average Occupancy 97%
No. Stories 2
Year Built 1979
Parking Ratio 1.73/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Attic
  • Smoke Free

Site Amenities

  • Pool
  • Gated
  • Elevator

About 5505 Zelzah Ave , Encino, CA 91316

• "A" Location in Encino-just North of Ventura Blvd (NRC) • 95% of the units may be rented effectively as 2 Bedroom units • Opportunity to add an additional Single Unit (*Buyer to please check with the city) • Central Air Conditioning • Luxury Amenities Can Be Added to Generate Higher Rents • Rents have increased 2.9% in just the 4th Quarter alone of 2018 within a 1/2 mile radius of the subject property compared to Los Angeles which increased 0.9%, that's more than triple the average increase of Los Angeles • Walking Distance to Shops, Restaurants & Entertainment on Ventura Blvd

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2162-009-014
Land Assessment
$5,304,000
Improvements Assessment
$6,488,934
Total Assessment
$11,792,934

zoning

Zoning Code R3
R3
  • Listing ID: 15314921

  • Date on Market: 3/1/2019

  • Last Updated:

  • Address: 5505 Zelzah Ave, Encino, CA 91316

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