Pending

5550 Denny Ave

North Hollywood CA, 91601

$2,100,000


$346.08 per sqft

Pending

11 Beds

11 Baths

6,068 sqft

Multi-family

Built in 1964

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.

24-439055

MLS ID

September 13, 2024

Listed

November 22, 2024

Updated

Map

5550 Denny Ave
North Hollywood CA, 91601

Interior Features

Total Stories

2


Bedrooms

11


Total Bathrooms

11


Appliances

Microwave, Range/Oven, Dishwasher


Laundry Description

In Unit


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.24 Acres


Lot Features

Landscaped

Other Property Details

Area Name

North Hollywood


Days on Market

45


Garage

No


Parking

Uncovered, Assigned, Gated


Parking Total

8


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

LAR1

Listing History

Date

Event

Price

11/1/2024

Pending

Listed by Henry Garcia with Real Broker
Listing Contact: 818-309-3935 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Niche shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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Data last updated 11/22/2024

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