Listed by 626-757-5717 - ERIC CHEN - DRE #01489184 - CB RICHARD ELLIS 909-418-2000
$7,780,000 affordable loan icon Calculate Payment

5325 Denny Avenue North Hollywood, CA 91601

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Apartment Residence
Beds
Baths
15,314 Sq. Ft.
0.31 Acre Lot

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Last updated on 11/15/2024 5:39 PM
We are proud to present the Denny Avenue Apartments, a prime 17-unit multifamily investment opportunity located at 5325 Denny Avenue in North Hollywood. Situated within a short drive of the thriving NOHO Arts District, this property benefits from its strategic position between Magnolia Boulevard and... Chandler Boulevard, as well as its proximity to major freeways (101, 170 and 134). The Denny Avenue Apartments offer investors a rare chance to acquire a superbly-maintained and well-situated asset in a highly sought-after neighborhood. Denny Avenue Apartments consist of ±15,314 of rental square feet on a ±13,500 square foot lot and features mature lush landscaping, on-site laundry, secured parking garage, and a beautiful courtyard with BBQ area and outdoor seating. Units have been updated and feature modern kitchens with stainless steel appliances, dishwashers, vaulted high ceilings in the second story units, HVAC central air conditioning, ceiling fans, horizontal blinds, balconies, fireplaces and laminate plank wood and carpet flooring throughout. North Hollywood’s strategic location within Southern California makes it a haven for working professionals. The city boasts convenient access to not just the 101, 170 and 134 freeways, but also the 405 and 210, connecting residents to all of Los Angeles County, Ventura County, and beyond. The thriving NOHO Arts District fosters a dynamic community, while top employers like Universal Studios and Warner Bros. attract a strong talent pool. Residents also enjoy close proximity to iconic landmarks within a 20-mile radius, including the Huntington Library, Griffith Observatory, Dodger Stadium, and the Hollywood Walk of Fame. This combination of cultural attractions, career opportunities, and convenient transportation makes North Hollywood a highly sought-after place to live. Denny Avenue Apartments is a prime North Hollywood income-producing property and a great long-term investment. The property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange buyer. Continue reading
MLS#
CV24211689
Property Type
Apartment
Status
Year Built
1989
Square Feet
15,314 sq. ft
Lot Size
0.31
Stories
2.0
Sewer
Public Sewer

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Listed by 626-757-5717 - ERIC CHEN - DRE #01489184 - CB RICHARD ELLIS 909-418-2000
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/15/2024 5:39 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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