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5325 Denny Avenue

North Hollywood, CA 91601

– beds
– baths
– sqft
13,500 sqft lot
1989 build
– on site

We are proud to present the Denny Avenue Apartments, a prime 17-unit multifamily investment opportunity located at 5325 Denny Avenue in North Hollywood. Situated within a short drive of the thriving NOHO Arts District, this property benefits from its strategic position between Magnolia Boulevard and Chandler Boulevard, as well as its proximity to major freeways (101, 170 and 134). The Denny Avenue Apartments offer investors a rare chance to acquire a superbly-maintained and well-situated asset in a highly sought-after neighborhood. Denny Avenue Apartments consist of ±15,314 of rental square feet on a ±13,500 square foot lot and features mature lush landscaping, on-site laundry, secured parking garage, and a beautiful courtyard with BBQ area and outdoor seating. Units have been updated and feature modern kitchens with stainless steel appliances, dishwashers, vaulted high ceilings in the second story units, HVAC central air conditioning, ceiling fans, horizontal blinds, balconies, fireplaces and laminate plank wood and carpet flooring throughout. North Hollywood’s strategic location within Southern California makes it a haven for working professionals. The city boasts convenient access to not just the 101, 170 and 134 freeways, but also the 405 and 210, connecting residents to all of Los Angeles County, Ventura County, and beyond. The thriving NOHO Arts District fosters a dynamic community, while top employers like Universal Studios and Warner Bros. attract a strong talent pool. Residents also enjoy close proximity to iconic landmarks within a 20-mile radius, including the Huntington Library, Griffith Observatory, Dodger Stadium, and the Hollywood Walk of Fame. This combination of cultural attractions, career opportunities, and convenient transportation makes North Hollywood a highly sought-after place to live. Denny Avenue Apartments is a prime North Hollywood income-producing property and a great long-term investment. The property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange buyer.

Listed By CRMLS_CA / ERIC CHEN / CB RICHARD ELLIS / 626-757-5717

Last checked: Checking… • Last updated Oct 13, 2024 •

MLS# CV24211689 —

The Building

Year Built:

1989
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

15314.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

17
Stories Total:

2
# of Separate Gas Meters:

17
# of Separate Water Meters:

1
# of Separate Electric Meters:

17

Interior

Levels:

Two
Entry Location:

1
Laundry:

Common Area
Laundry:

1

Location

Directions:

Merge onto I-210 W, Keep left to continue on CA-134 W, follow signs for Ventura, Take exit 1D for Cahuenga Blvd toward Hollywood, Turn right onto Cahuenga Blvd, Turn left onto Magnolia Blvd, Turn right onto Denny Ave
Latitude:

34.16744700
Longitude:

-118.36459300

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LAR3
Lot Features:

16-20 Units/Acre
Lot Size Area:

13500.0000
Lot Size Acres:

0.3099
Lot Size SqFt:

13500.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

1
Tax Census Tract:

1253.21
Tax Tract:

125321
Tax Lot:

61

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2416023025

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Curbs, Sidewalks
Pool:

None
Private Pool:

No
Spa Features:

None

Parking

Parking Spaces:

17.00
Garage Spaces:

17.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/11/24 Oct 11, 2024	Listed / Active	CRMLS_CA	$7,780,000	17.9% (5.1% / YR)
4/20/21 Apr 20, 2021		CRMLS_CA	$6,600,000	-2.9%
2/22/21 Feb 22, 2021		CRMLS_CA	$6,800,000

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This multifamily located in North Hollywood, Los Angeles, CA 91601 is currently for sale for $7,780,000. 5325 Denny Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 25 days. 5325 Denny Avenue is in the North Hollywood neighborhood of Los Angeles and has a WalkScore® of 85, making it very walkable.

Listing Courtesy of: CRMLS_CA and CB RICHARD ELLIS. Based on information from California Regional Multiple Listing Service, Inc. as of 00:00 on Nov 05.

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.