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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.
Property Type(s):
Residential Income
| Last Updated | 10/11/2024 | Year Built | 1989 |
|---|---|---|---|
| Community | North Hollywood | Garage Spaces | 17.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | North Hollywood |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 0.31 acre(s) |
| LOT DESCRIPTION | 16-20 Units/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
| ZONING | LAR3 |
Location
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Listed with CB RICHARD ELLIS
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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