North Hollywood, CA 91601 5550 Denny Avenue
$2,100,000
23 more
Presented By: Henry Garcia with Real Broker;
Home Details
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.
Presented By: Henry Garcia with Real Broker;
Interior Features for 5550 Denny Avenue
Bedrooms
Total Bedrooms11
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths11
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 5550 Denny Avenue
Additional Parcels Y/NNo
AppliancesDishwasher, Microwave
Attached Garage No
Carport Y/NNo
CityNorth Hollywood
Community FeaturesGated
CountyLos Angeles
Days on Market8
DirectionsHead north on Vineland Ave, turn right on Burbank Blvd, right on Denny Ave and property is on your left.
Full Baths
Garage Y/NNo
Gross Income192024.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet10653.0
Lot Size UnitsSquareFeet
MLS AreaNHO - North Hollywood
MobileHomeRemainsYNNo
Net Operating Income132.0
New ConstructionNo
NumberOfUnitsTotal8
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, GatedCommunity, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1964
ZoningLAR1
Exterior for 5550 Denny Avenue
Building Area Total6068.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped
Lot Size Acres0.2446
Lot Size Area10653.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, Gated, Uncovered
SpaNo
Total Parking0.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480