5912 Tujunga Ave, NoHo
New Construction 6-Unit
An extremely high end 6-unit property in the ultra-hot NoHo Arts District, less than 5 minutes from Amazon Fresh, The Federal, and all of your favorite NoHo hotspots. With an unbeatable 6.09% projected cap rate, rooftop decks offering stunning views, and exceptional floorplans designed for modern living, this property is truly a standout. The elevated finishes and diverse unit mix, including 4, 3, and 2 bedroom units, provide a perfect blend of luxury and functionality.
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:
Rent Control:
$3,940,000
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
6 Garage Spaces, 4 Exterior Spaces
Yes
Other Features:
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
Contact
Lauren Cearley
213.302.8662