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5237 Cahuenga Blvd
North Hollywood, CA 91601
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Six-unit apartment building in Great NoHo Location with a walk score of 82
- Units #1 and 2 offer their own individual water heater and Units A-D use the house water heater
- Great ADU opportunity to convert tuck-under spaces on Willowcrest Avenue while maintaining parking for existing tenants (Buyer to verify)
- Great unit mix of (1) – 3 bed / 2 bath, (1) – 2 bed / 1 bath, and (4) – 1 bed / 1 bath units with approximate rental upside of ±25%
- Copper plumbing throughout (Buyer to verify)
- Secure keypad block-to-block access on Cahuenga Boulevard and Willowcrest Avenue
Property Facts
| No. Units | 6 | Building Size | 4,520 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | LAR3 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,520 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,580 | 650 |
| 2+1 | 1 | $1,937 | 800 |
| 3+2 | 1 | $2,416 | 1,000 |
Property Taxes
| Parcel Number | 2416-028-029 | Improvements Assessment | $207,481 |
| Land Assessment | $307,388 | Total Assessment | $514,869 |
Property Taxes
Parcel Number
2416-028-029
Land Assessment
$307,388
Improvements Assessment
$207,481
Total Assessment
$514,869
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