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 and 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. For more details: https://realtyww.info/homes_north-hollywood-d200075/for-sale_i75961468
Extra Information for 5550 Denny Ave North Hollywood, CA
- Seller Type:
- Category: Single-Family Houses
- Listed Date: Sep 15, 2024