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5056 Tujunga Avenue, North Hollywood, CA 91601

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For Sale

$5,250,000

3 beds • 2 baths • 15,564 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $337.32
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

We are proud to represent this 20 unit property in prime North Hollywood. The property was constructed in 1953. Its unit mix consists of (18) 1+1 units and (2) 2+1 units. With a lot size of 19,232 square feet, the property has a total of 15,664 rentable square feet. Tenants enjoy vintage 50's construction with large rooms and ample closet space, as well as a courtyard setting. There is upside in existing rents and the building features copper plumbing. There are 16 parking spaces. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers.
MLS# SR24139971

Courtesy Of Dream Team Real Estate Consultants. Inc

(818) 989-2000

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 5056 Tujunga Avenue, North Hollywood, CA 91601

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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