4651 Cahuenga Blvd | North Hollywood, CA 91602
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
4651 Cahuenga Blvd
North Hollywood, CA 91602
Multifamily Property For Sale
·
39 Units
INVESTMENT HIGHLIGHTS
- 39 units in prime Toluca Lake Location
- Excellent unit mix of (10) 1+1 units, (12) 1+2 units, (3) 2+1 units, and (14) 2+2 units. All units on 3rd floor have lofts. Upside in existing rents
- Property has a 4.315 fixed rate loan in the approximate amount of $5,300,000 fixed until October 2027
- Property was built in 1988 and subject to to AB 1482 rent control
- 12 units are currently vacant and are in rent-ready condition. Buyer has the option to reduce expenses by implementing a RUBS program
- Property features fireplaces, balconies, secured parking, central HVAC units, fitness center, BBQ, pool, and onsite laundry
PROPERTY FACTS
| No. Units | 39 | Building Size | 38,043 SF |
| Property Type | Multifamily | Average Occupancy | 82% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1988 |
| Building Class | C | Parking Ratio | 2.08/1,000 SF |
| Lot Size | 0.36 AC | ||
| Zoning | R4-1, Los Angeles | ||
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 38,043 SF |
| Average Occupancy | 82% |
| No. Stories | 4 |
| Year Built | 1988 |
| Parking Ratio | 2.08/1,000 SF |
| Zoning | R4-1, Los Angeles |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Kitchen
- Range
SITE AMENITIES
- Fitness Center
- Laundry Facilities
- Security System
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 550 |
| 1+2 | 12 | - | 640 |
| 2+1 | 3 | - | 800 |
| 2+2 | 14 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,462,074 | |
| Land Assessment | $7,808,630 | Total Assessment | $12,270,704 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,808,630
Improvements Assessment
$4,462,074
Total Assessment
$12,270,704
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
