Property Description
This 8 unit apartment building is located in the heart of North Hollywood, and just a few blocks from the NoHo Arts District. 5550 Denny Ave is surrounded by single family homes in a low density street with both onsite and offsite parking. The property has great curb appeal with all new concrete, new entrance gate and planters. Per the Seller, in 2019 the building was updated to all new copper plumbing and a new roof . All electrical panels are currently be replaced. This property has an attractive unit mix of one & two bedroom units, and is separately metered for gas and electricity. At list price, this has an attractive 6.32% CAP with an additional 25% rental upside.
Features
: No
: Wall Furnace
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: No
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: Gated, Assigned, Uncovered
Address Map
U.S.
California
Los Angeles
North Hollywood
91601
5550 Denny Avenue
0
W119° 38' 7.8''
N34° 10' 16.8''
MLS Addon
$0
6,068 Sqft
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: No
0
Head north on Vineland Ave, turn right on Burbank Blvd, right on Denny Ave and property is on your left.
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2
SR154542725

Residential Income For Sale North Hollywood

5550 Denny Avenue, North Hollywood, Los Angeles, California, 91601

11 Bedrooms
6,068 Sqft
Visits : 2 in 8 days
$2,100,000
Listing ID #24439055
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24439055
Price : $2,100,000
Bedrooms : 11
Square Footage : 6,068 Sqft
Year Built : 1964
Lot Area : 10,653 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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