Property Description
We are pleases to offer this eight unit investment opportunity, located in the city of North Hollywood. The unit mix consists of six 1+1 and two 2+2 units. The investment consists of approximately 6,467 of rentable square feet and is situated on an approximately 8,178 square foot parcel. Recent property upgrades include a new surveillance system, new exterior lighting, new exterior building and unit numbers, and six of the units have recently been renovated. The building amenities include a large parking area with nine total spaces, a an on-site laundry room for additional income, and the property is separately metered for electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is subject to the Los Angeles Soft-Story Retrofit Program.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$28,509
TurboHome Estimated Value
$1,947,800
$301 sqft
High Valuation
$2,045,190
$316/sqft
Normal Valuation
$1,947,800
$301/sqft
Low Valuation
$1,850,410
$286/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $301/sqft | $1,947,800 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: North Hollywood
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Comparative Value
$2.00M
$2.40M
11763 Hamlin St, North Hollywood, CA 91606
List Price: $1,995,000
Subject Property
5550 Denny Ave, North Hollywood, CA 91601
Sale Price: $2,400,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT11763 Hamlin St, North Hollywood, CA 91606
List: $1,995,000
Listed: 6/9/2025
Area:6,467 sqft
Price/sqft:$308
Beds:10
Baths:10
Year Built:—
Lot Size:8,178
Comparable Properties
COMPARABLEChoose comps
5550 Denny Ave, North Hollywood, CA 91601
Sale: $2,400,000
12/20/2024 • 1.90 mi
Area:6,068 sqft
Price/sqft:$396
Beds:11
Baths:11
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
11763 Hamlin St, North Hollywood, CA 91606 | $1,995,000 | 6,467 | $308 | 8,178 | — | 6/9/2025 | 10 | 10 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
5550 Denny Ave, North Hollywood, CA 91601 | $2,400,000 | 6,068 | $396 | 10,653 | 1.90 mi | 12/20/2024 | 11 | 11 | — | 100.0% |
Nearby Listings
1 similar properties within 5 miles
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