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… Read More 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 $262 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. Read Less
Property listed by Marcus & Millichap, Michael Sterman 818-212-2700
Listing Snapshot
Days Online
109
Last Updated
Beds
24
3/4 Baths
24
Square Ft.
15,200
Lot Size
0.26 Acres
Year Built
1989
MLS Number
26682997
Additional Details
Building
Built in 1989, Living area: 15200.0, 1 building, 2 stories, Levels: Two
Cooling
CentralAir
Fireplaces
LivingRoom
Heating
Central
Income
Gross Income: $360,374, Net Operating Income: $220,443
Lot
0.2583 acres
Parking
26 total parking spaces, Private
Taxes
Parcel Number: 2338022013, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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