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Peter Lorimer

peter@plgestatesinc.com +1(310) 666-7383

$ 2,199,000

Est. payment | -/mo

10,001 Sqft Lot

Save

$ 2,199,000

Est. payment | -/mo

Save

10,001 Sqft Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26204137

Construction Status Turnkey

HOA Y/N No

Year Built 1948

Lot Size 10,001 Sqft

Property Sub-Type Apartment

Property Description

ALL UNITS ARE LEASED. PLEASE DO NOT DISTURB OCCUPANTS. PHOTOS INCLUDED ARE NOT OF ALL 6 UNITS. THERE ARE A FEW FEATURE PHOTOS OF EACH UNIT SIZE, THEY ARE NOT COMPREHENSIVE. Set in the sought-after Toluca Woods neighborhood, this charming two-story six-unit property offers a rare combination of vintage mid-century character and modern improvements. The property features classic ARCHITECTURAL DETAILS including crown molding,coffered ceilings, hardwood floors, latticed windows, metal awnings, ornate wrought iron hand rails, and cozy porch/patios on the lower units. All units have access to a common, serene, and private entertainment courtyard in the back. RECENT IMPROVEMENTS include all new electrical panels throughout, new HVAC systems in five of the six units, and a freshly paint exterior, including walls, fences, windows, and hand rails. EACH UNIT FEATURES its own laundry room with a washer and dryer, plus an oven, refrigerator, and dishwasher, and has a separate gas and electric meters. The three-bedroom and two-bedroom units each offer three bathrooms, including a full bath, three-quarter bath, and powder room. All six units include an DETACHED ONE CAR GARAGE with alley access, with additional street parking available. Turnover is low as tenants love features like the large grassy areas for pets or kid play, mature shade trees, mature fruit trees, and central location. 5005 Cahenga is conveniently located within a 15-minute walk of shopping, dining, and entertainment along Riverside Drive in downtown Toluca Lake. This high income producing investment gem combines classic mid-century character with numerous recent improvements. And a 5.8% CAP rate! Call today. RENT ROLL AND ACTUAL plus PROJECTED OPERATING STATEMENTS AVAILABLE UPON REQUEST.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Interior Features Crown Molding

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Awning(s), Rain Gutters

Garage Spaces 6.0

Garage Description 6.0

Fence Block, Wood

Pool None

Community Features Biking, Curbs, Dog Park, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 2419015014

Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), Fannie Mae

Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), Fannie Mae

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Laurence Cook Rodeo Realty 818-564-6176, DRE #02070820

Nearby Locations

Making real estate fast, fun, and stress-free!

+1(310) 666-7383

peter@plgestatesinc.com

5005 Cahuenga North Hollywood, CA 91601

Peter Lorimer

Key Details

Location

Interior

Exterior

Building

Others

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5005 Cahuenga