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5912 Tujunga Ave, NoHo Arts

New Construction 6-Unit

An extremely high end 6-unit in the ultra-hot NoHo Arts District, less than 5 minutes from Amazon Fresh, The Federal, and your NoHo favorites. With an unheard of 6.09% projected cap rate, roof decks, unbeatable floorplans, elevated finishes, and a diverse unit mix consisting of 4, 3 and 2 bedroom units, this will move fast.

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

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$3,950,000

6-Unit

Sold

6

2023

6.09%

12.78

$309,000/Year (Pro Forma)

9,939 sqft

9,055 sqft

$397.42

$658,333

4 x 4b/4.5b, 1 x 3b/3.5b, 1 x 2b/2.5b ADU

No

10 Carport Spaces

Rooftop Decks, Stainless Steel Appliances

The Highlights

  • ONE UNIT LEASED NOW! Can be delivered fully leased!

  • 6.09% projected cap rate once fully leased! CASH COW!

  • Property comes fully loaded with stainless steel kitchen appliances!

  • Ultra-low price per door of $658,333.

  • Units boast ultra-premium finishes, including stone counter tops, designer tiles, modern glossy cabinets, and natural wood waterproof vinyl.

  • Ideal unit mix of four 4-bedroom units, one 3-bedroom, and one 2-bedroom unit!

  • Boasts 10 total parking spots with 6 garage spaces!

  • High ceilings, quality doors, ample windows, walk-in closets, huge balconies, rooftop decks, and more!

  • Minutes from Noho Arts District!

  • Unbeatable NoHo location walking distance to an unlimited supply of restaurants, shops, businesses and more.

  • With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity.

  • All units separately metered for gas, electric AND water! Microscopic expenses!

  • Situated in the hottest rental market in the Valley!

The Neighborhood

<15-Minute Walk

Vons, Starbucks, Maze Rooms Escape, Lock & Key, Pho Legend, Shatto 39 Lanes, Shatto Recreation Center, Ralphs, California Donuts, JONS, Biriyani Kabob House, Monte Carlo Bar, Ricas Crepas

<15-Minute Drive

NoHo Arts District, The Federal, Amazon Fresh, Eat, Dave's Hot Chicken, Republic of Pie, 24 Hour Fitness, NoHo West, Trader Joe's, Laemmle NoHo7, North Hollywood Park, The Good Nite, Lawless Brewing

<$15 Uber Ride

NoHo Arts District, The Federal, Amazon Fresh, Eat, Dave's Hot Chicken, Republic of Pie, 24 Hour Fitness, NoHo West, Trader Joe's, Laemmle NoHo7, North Hollywood Park, The Good Nite, Lawless Brewing

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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