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31780264
31780265

5325 Denny Avenue, Los Angeles, CA 91601

JH
CA 01960425
BH
CA 00526195
$7,500,000
46 days on market
Updated 46 days ago

5325 Denny Avenue

Details
APN 2416023025
Property Type Multifamily
Sub Type Apartment Building
Square Footage 15,314
Units 17
Cap Rate 4.25%
NOI $318,980
Occupancy 100%
Rent Bumps Yes
Broker Co-Op True
Class A
Year Built 1989
Year Renovated 2022
Stories 2
Lot Size (SqFt) 13,504
Zoning LAR3
Parking Spaces per unit
Sale Condition N/A

Recently Redone Turnkey Investment Property

Marketing description

5325 Denny is a prime 17 unit investment property positioned in close proximity to the NOHO arts district as well as a major freeway corridor of the 101,170 and 134. Fully redone and upgraded with no expense spared, this luxury income property boasts on site laundry, a gated parking garage, a courtyard with outdoor seating and bbq. With recent high end upgrades, each unit has full HVAC, modern kitchens with stainless appliances, laminate wood floors, ceiling fans, fireplaces, high vaulted ceilings in the top floor units, horizontal blinds and balconies. Nearby major employers like Universal Studios and Warner Bros. attract a strong talent pool. Residents enjoy close proximity to major landmarks like the Huntington Library, Dodger Stadium and Griffith Observatory. With historically low vacancy, 5325 Denny offers stability and security for the seasoned investor or 1st time buyer.

Investment highlights

Historically low vacancies, recent renovation, strong rental demand and optimal location.

Listing Contacts

JH
CA 01960425
BH
CA 00526195

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$318,980.00
$26,581.67/mo

Valuation Metrics

0
DSCR
4.25%
Cap Rate
4.25%
ROI

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Additional Information

Name
Jake Hurwitz
License
01960425
Brokerage
Hurwitz James Company
Brokerage Phone
3106257728
Brokerage Address
9440 Santa Monica Boulevard
Name
Bob Hurwitz
License
00526195
Brokerage
Hurwitz James Company
Brokerage Phone
3107010880
Title
Real Estate Broker
Brokerage Address
9440 Santa Monica Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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