5506 Camellia Avenue

North Hollywood, California

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Brand new 2020 construction building. ** no rent control! ** this fabulous ground up, all new modern four-plex with its designer look and feel is ideally located at noho arts district, a very high demand rental market. 5506-5508 1/2 camellia ave ~is a corner lot, made up of 4 units with spacious floorplans. 2 units are 4 bedroom 2 full bath over 1300 ft each and 2 units are 5 bedroom 3 full bath over 1500 sft each. This amazing investment opportunity is offering a realistic cap rate of 5. 4% or higher. All units will be equipped with complete stainless steel appliancessuch as refrigerator / dishwasher / gas range / range hood / washer & dryer!!all units has separate utility metered for electric / gas and water. Very low maintenance. Estimated completion date dec / 2019 - estimated certification of occupancy jan / 2020~~
Property Detail
Bedrooms 18
Bathrooms 10
Property Type Multi-Family
Year Built 0
Home Size 5,632 sqft
Lot Size 0.1511 Acres
MLS# 19-536016
Neighborhood North Hollywood (NHO)
County Los Angeles County
Features
Dishwasher
Two+ Story
Listing Agent: Kevin Danialifar Broker: Keller Williams Beverly Hills Broker Phone: 3104326400
Location

Los Angeles County North Hollywood 5506 Camellia Avenue

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Neighborhood Info

North Hollywood - 91601

The vacancy rate of homes in 91601 is 7.15% with 20.15% of homes being owner-occupied. The median household income in 91601 is $52762 per year with those between 25 and 44 having the highest median income at $58665.

School in North Hollywood, CA
School Type Grade Distance
North Hollywood Senior High School Public 9-12 0.45 mi
Toluca Lake Elementary School Public PRESCHOOL-5 1.44 mi
New Horizons Charter Academy Public K-8 0.57 mi
Neighborhood Demographic

Demographic in North Hollywood - 91601

Median Income $52762
Avg Household Size 2.314
Median Age 35.35
White Collars 28%
College Grad 57%
Copyright 2020 Combined LA Westside Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Home TypeMulti-Family
Year Built0
Lot Size0.1511 Acres

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