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5316 Cahuenga Blvd
North Hollywood, CA 91601

$1,650,000 USD

Apartments For Sale  •  4,422 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,422 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 5.40 %
  • Zoning R3, Los Angeles
48 Transit Score
78 Walk Score

Highlights

Excellent Location - NoHo Arts District
Great Unit Mix of 3 two-bedroom units, 2 three-bedroom units, and 2 singles
Subject to a regulatory agreement requiring 40% of units (3 out of 7) be rented to eligible households
The Regulatory Agreement only has approx. 3 more years remaining (Buyer to verify)
Seismic retrofit completed by seller
Cap Rate: 5.40 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Disposal
  • Laundry Facilities
  • Storage Space
  • Gated
  • Heating
  • Granite Countertops
  • High Speed Internet Access
  • Oven
  • Range
  • Tub/Shower
  • Smoke Free
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.7 mi
Burbank Airport - North (Av Line) Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains) 6 min - 3.3 mi
Transit/SubwayDriveWalkDistance
North Hollywood Station (Orange Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 7 min - 3.5 mi
Los Angeles International 35 min - 24.9 mi
Long Beach (Daugherty Field) 47 min - 34.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Covered
Included in Rent: Yes
Ardy Ishal 310-433-2739 BRC Advisors - BH, Inc.
Ardy Ishal 310-433-2739 BRC Advisors - BH, Inc.