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11259 Otsego Street, North Hollywood
$2,225,000
BB26227688 MLS ⋅ Active Status
Located in the heart of the NoHo Arts District, Estancia Apartments is a gated, fully occupied eight-unit property, with each residence offering one bedroom and one bath. The building retains much of its original charm, while seven of the eight units have been updated. Unit 1 features central HVAC, and an on-site laundry room adds convenience for residents. Within the past year, the property has benefited from a new roof and electrical work, central HVAC in Unit 1, a raised railing, a security gate, a new carport roof and carport repairs, added property lighting, painted ironwork, filled driveway cracks, and repaired exterior columns. With some rents below market, the property offers potential rental upside over time, subject to existing leases and applicable requirements. The NoHo Arts District is known for its theaters, galleries, dance studios, restaurants, cafés, and specialty shops. The property is near the North Hollywood Metro Station, served by the B and G Lines, with convenient access to the 170 and 101 freeways.

11259 Otsego Street, North Hollywood

5005 Cahuenga, North Hollywood
$2,199,000
SR26204137 MLS ⋅ Active Status
ALL UNITS ARE LEASED. PLEASE DO NOT DISTURB OCCUPANTS. PHOTOS INCLUDED ARE NOT OF ALL 6 UNITS. THERE ARE A FEW FEATURE PHOTOS OF EACH UNIT SIZE, THEY ARE NOT COMPREHENSIVE. Set in the sought-after Toluca Woods neighborhood, this charming two-story six-unit property offers a rare combination of vintage mid-century character and modern improvements. The property features classic ARCHITECTURAL DETAILS including crown molding,coffered ceilings, hardwood floors, latticed windows, metal awnings, ornate wrought iron hand rails, and cozy porch/patios on the lower units. All units have access to a common, serene, and private entertainment courtyard in the back. RECENT IMPROVEMENTS include all new electrical panels throughout, new HVAC systems in five of the six units, and a freshly paint exterior, including walls, fences, windows, and hand rails. EACH UNIT FEATURES its own laundry room with a washer and dryer, plus an oven, refrigerator, and has a separate gas and electric meters. The three-bedroom and two-bedroom units each offer three bathrooms, including a full bath, three-quarter bath, and powder room. All six units include an DETACHED ONE CAR GARAGE with alley access, with additional street parking available. Turnover is low as tenants love features like the large grassy areas for pets or kid play, mature shade trees, mature fruit trees, and central location. 5005 Cahenga is conveniently located within a 15-minute walk of shopping, dining, and entertainment along Riverside Drive in downtown Toluca Lake. This high income producing investment gem combines classic mid-century character with numerous recent improvements. And a 5.8% CAP rate! Call today. RENT ROLL AND ACTUAL plus PROJECTED OPERATING STATEMENTS AVAILABLE UPON REQUEST.

5005 Cahuenga, North Hollywood

5325 Denny, Los Angeles
$6,900,000
TR26196782 MLS ⋅ Active Status
We are pleased to offer Denny Avenue Apartments, a 17-unit multifamily investment property located at 5325 Denny Avenue in North Hollywood. Positioned near the NOHO Arts District and between Magnolia Boulevard and Chandler Boulevard, the property offers convenient access to major transportation routes, including the 101, 170, and 134 freeways. The property features approximately 15,314 square feet of rentable space situated on an approximately 13,500-square-foot lot. Well maintained throughout, Denny Avenue Apartments includes mature landscaping, an attractive central courtyard with a BBQ area and outdoor seating, on-site laundry facilities, and a secured parking garage. The units have been updated with a range of modern features and finishes. Interior amenities include contemporary kitchens with stainless steel appliances and dishwashers, central HVAC, ceiling fans, horizontal blinds, balconies, fireplaces, and a combination of laminate plank wood and carpet flooring. Second-story residences also feature vaulted high ceilings, adding to the sense of openness within the units. The North Hollywood location provides residents with access to employment centers, entertainment, dining, and cultural destinations throughout the greater Los Angeles area. In addition to nearby access to the 101, 170, and 134 freeways, the property is within reach of the 405 and 210 freeways, creating connections to destinations across Los Angeles County, Ventura County, and surrounding areas. The nearby NOHO Arts District contributes to the area's active mix of entertainment, dining, and creative businesses, while major employers such as Universal Studios and Warner Bros. are also within the broader area. Well-known Southern California destinations within approximately 20 miles include Griffith Observatory, Dodger Stadium, the Hollywood Walk of Fame, and The Huntington Library. With 17 units, updated interiors, established property amenities, and a well-connected North Hollywood location, Denny Avenue Apartments presents an income-producing multifamily investment opportunity with long-term ownership potential. The offering may appeal to a range of investors, including first-time multifamily purchasers, experienced investors, and buyers considering a 1031 exchange.

5325 Denny, Los Angeles

4918 Cahuenga, North Hollywood
$2,399,000
GD26152443 MLS ⋅ Active Status
The Cahuenga Court is a marvelous Eight (8) unit multi family investment opportunity. Located in the Toluca Woods area of North Hollywood just North of Camarillo Street on Cahuenga Blvd. The property is situated one block from the adjacent neighboring cities of Burbank and Toluca Lake. North Hollywood is a vibrant and dynamic neighborhood, attracting people with its artistic and cultural attractions while offering a convenient location with access to public transportation and entertainment industry opportunities. The area has a mix of residential and commercial spaces and is particularly popular among young professionals and artists. This 8 Unit Apartment building is comprised of (4) - (1BD+1BA), (3) - (2BD + 1BA) and (1) - (3BD + 2BA). Each unit also has its own water heater and is separately metered for gas and electricity - keeping expenses low and operations simple. Easy access to shopping, dining, and daily conveniences along the Ventura Blvd retail corridor, just a short walk away. Dont miss this opportunity to own a truly remarkable property

4918 Cahuenga, North Hollywood

11234 Hatteras, North Hollywood
$1,250,000
SB26124609 MLS ⋅ Active Status
11234 Hatteras Street presents a rare opportunity to acquire a 5-unit multifamily asset on an expansive 13,077 SF lot in the heart of North Hollywood, one of the San Fernando Valley’s most active and evolving rental submarkets. The property consists of 3,893 SF of existing improvements and features a desirable mix of 1, 2, and 3-bedroom units. With in-place rents below projected market levels, the asset offers immediate and long-term upside through rent growth, improved operations, and strategic repositioning. The property’s most compelling value-add opportunity is its significant ADU development potential. The large vacant side yard may provide the opportunity to construct up to five new ADUs, creating substantial additional rental income and long-term value. Illustrative development projections indicate the potential construction of five new 850 SF ADUs, resulting in a projected stabilized 7.0% cap rate and an estimated exit value of approximately $2,650,000, representing roughly $400,000 in potential value creation before any additional upside achieved through repositioning the existing units. Based on the seller’s preliminary assumptions, the project could potentially generate a 156% return on equity over an estimated 18-month period utilizing 90% LTV financing. Buyer to independently verify all development costs, financing assumptions, rental projections, cap rates, timelines, and projected returns. The location further strengthens the investment story. The property is positioned near the NoHo Arts District, North Hollywood Metro Station, NOHO West, and the planned District NoHo development, a transformative transit-oriented mixed-use project expected to bring new housing, retail, office space, public open areas, and enhanced transit infrastructure to the neighborhood. As North Hollywood continues to attract new investment, residents, employers, and entertainment venues, 11234 Hatteras Street offers investors a unique combination of stable in-place income, rental upside, and exceptional ADU-driven development potential.

11234 Hatteras, North Hollywood

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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