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30904332
30904334

4918 Cahuenga Blvd, Los Angeles, CA 91601

$2,499,000
86 days on market
Updated 86 days ago

The Cahuenga Court

Details
APN 2420001017
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 6,083
Units 8
Cap Rate 5.46%
NOI $136,478
Broker Co-Op Yes
Class C
Buildings 2
Lot Size (SqFt) 12,428

Multifamily | 8 Units | $312,375/unit

Marketing description

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.

Investment highlights

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$136,478.00
$11,373.17/mo

Valuation Metrics

0
DSCR
5.46%
Cap Rate
5.46%
ROI

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