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$ 4,195,000
Est. payment /mo
Active
5712 Camellia Avenue North Hollywood (los Angeles), CA 91601
15,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,200 sqft
Price per Sqft $275
MLS Listing ID CL26682997
HOA Y/N No
Year Built 1989
Lot Size 0.258 Acres
Acres 0.2583
Property Sub-Type Other
Property Description
We are pleased to present 5712 Camellia Avenue, a 14unit apartment building located in the desirable North Hollywood submarket of Los Angeles. Built in 1989, the property is situated on an approximately 11,252 square foot lot with roughly 15,200square feet of rentable area. The unit mix includes four (4) one-bedroom/one-bath units and ten(10) two-bedroom/two-bath units, offering spacious floor plans that appeal to strong and consistent rental demand. The property is not subject to the Los Angeles Rent Stabilization Ordinance, providing investors with meaningful operational flexibility and long-term income growth potential. 5712 Camellia Avenue is ideally located near the NoHo Arts District, offering residents convenient access to a vibrant mix of dining, retail, and entertainment options, as well as the Metro B Line (RedLine). The property also benefits from excellent connectivity via the 101 and 170 freeways, allowing easy access to major employment centers throughout the San Fernando Valley and Greater Los Angeles. Offered at a price below the replacement cost of approximately $275 per square foot, the asset presents an attractive value proposition. Additional features include spacious units, central air conditioning and heating in all units, and select units with private balconies and fireplaces, enhancing tenant appeal in a high-demand rental market.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 2338022013
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Listed by Michael Sterman • Marcus & Millichap
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