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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$4,195,000

Est. payment - /mo

24 Beds

24 Baths

15,200 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 15,200 sqft

Price per Sqft $275

MLS Listing ID 26682997

Bedrooms 24

HOA Y/N No

Year Built 1989

Lot Size 0.258 Acres

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

Area Nho - North Hollywood

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Exterior

Parking Features Private

Total Parking Spaces 26

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2338022013

Special Listing Condition Standard

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Listed by Michael Sterman Marcus & Millichap #01911703

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5712 Camellia AVE North Hollywood, CA 91601