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6742 Lemp Ave
North Hollywood, CA 91606
Multifamily Property For Sale
·
5 Units
Investment Highlights
- 5 Units + Approved Permits for ADU
- Well maintained building in great location
- New owner has huge upside in rents
- Proforma CAP rate 7.7% Proforma Gross income $157,200
- Current income is $101,352 with a CAP rate of over 4%
Property Facts
| No. Units | 5 | Building Size | 5,103 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 0.98/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,103 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 0.98/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | 925 - 935 |
| 3+2 | 2 | - | 1,150 |
Property Taxes
| Parcel Number | 2320-015-004 | Improvements Assessment | $636,724 |
| Land Assessment | $955,087 | Total Assessment | $1,591,811 |
Property Taxes
Parcel Number
2320-015-004
Land Assessment
$955,087
Improvements Assessment
$636,724
Total Assessment
$1,591,811
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