$5,250,000
For Sale

5056 Tujunga Avenue

North Hollywood, CA 91601
0.44 acres | #SR24139971
Listing OfficeEquity Union
Browse 24 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

We are proud to represent this 20 unit property in prime North Hollywood.
The property was constructed in 1953. Its unit mix consists of (18) 1+1 units and (2) 2+1 units. With a lot size of 19,232 square feet, the property has a total of 15,664 rentable square feet. Tenants enjoy vintage 50's construction with large rooms and ample closet space, as well as a courtyard setting. There is upside in existing rents and the building features copper plumbing. There are 16 parking spaces.
North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly
expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers.

  • Property Details
      • Stories2
    • Measurements
      • Acres0.4416
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1953
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$5,250,000
  • Other
      • MLS #SR24139971

Location

Karen SellersReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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