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Listed by Cindy Hill • Equity Union
$ 8,650,000
Est. payment /mo
Active
5331 Cahuenga BLD North Hollywood, CA 91601
0.63 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25065780
Year Built 1978
Lot Size 0.626 Acres
Source California Regional MLS
Property Description
We are proud to represent this 30 unit apartment building in North Hollywood. The building was constructed in 1978. Its unit mix consists entirely of (30) 1+1 units. With a lot size of 27,286 square feet, the property has a total of 17,370 rentable square feet. 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. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest. The property is separately metered for gas and electricity.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Laundry Community Facility
Exterior
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable
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