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For SaleLuxury

$2,199,000

10,001 sqft$220/sqft51 days on market

5005 Cahuenga BLVD

North Hollywood, CA 91601

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

10,001

Square feet

1948

Built

Listing narrative

Description

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.

Listing agent (MLS): Laurence Cook · Listing brokerage (MLS): Rodeo Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,199,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

10,001 sqft

Baths

Baths n/a

Lot Size

0.23 acres

Year

1948

Status

For Sale

Days on Market

51

$ / Sqft

$220

· 8% down, 7% APR, 30yr fixed
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Courtesy of Rodeo Realty