Six-Unit Apartment
For Sale
$2,199,000
5005 Cahuenga, Los Angeles, CA 91601
Fully leased residential income property with private courtyard, in-unit laundry, individual utility meters, and detached garages.
Property Size6,224 SF
Days on Market49
Property Features for 5005 Cahuenga
General Information
Standard status
Active
Size
6,224 SF
Total Parking Spaces
6
Property subtype
Commercial
Occupancy
100%
Site & Location
Neighborhood
North Hollywood
Additional Details
Cap Rate
5.8%
Multifamily Units
6
Amenities
entertainment courtyard
grassy areas
Building Details
Building Size
6,224 SF
Year Built
1948
Buildings
1
Stories
2
Units
6
Listing Agency:
Rodeo Realty
Listed By:
Laurence Cook · License #02070820
(818) 564-6176
Source:
Elliman
Added: Sep 19
Changed: Oct 25
Last Checked: Nov 4 at 12:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rodeo Realty
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Investment Insights
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Built in 1948, this two-story apartment property contains six leased units with mid-century architectural details including crown molding, coffered ceilings, hardwood floors, latticed windows, metal awnings, and wrought-iron handrails. Lower units include private porch or patio areas, while all residents have access to a rear courtyard and landscaped outdoor areas.
Recent work includes new electrical panels throughout, new HVAC systems in five units, and refreshed exterior paint covering the walls, fences, windows, and handrails. Each residence has a dedicated laundry room with a washer and dryer, plus an oven, refrigerator, and dishwasher. Separate gas and electric meters serve the units. Two- and three-bedroom layouts include three bathrooms. Every unit has a detached one-car garage with alley access, with additional street parking available.
The property is in Toluca Woods, within a 15-minute walk of shopping, dining, and entertainment along Riverside Drive in downtown Toluca Lake. Walk Score is 74, Bike Score is 59, and Transit Score is 59.
Recent work includes new electrical panels throughout, new HVAC systems in five units, and refreshed exterior paint covering the walls, fences, windows, and handrails. Each residence has a dedicated laundry room with a washer and dryer, plus an oven, refrigerator, and dishwasher. Separate gas and electric meters serve the units. Two- and three-bedroom layouts include three bathrooms. Every unit has a detached one-car garage with alley access, with additional street parking available.
The property is in Toluca Woods, within a 15-minute walk of shopping, dining, and entertainment along Riverside Drive in downtown Toluca Lake. Walk Score is 74, Bike Score is 59, and Transit Score is 59.
Key Highlights
- Six‑unit apartment property with all units leased
- 5.8% CAP rate
- New electrical panels throughout and new HVAC systems in five of six units
Property Analytics
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,165
Businesses Nearby
Explore this area
Business Placement
Demographics for 91601, CA
39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased residential income property with private courtyard, in-unit laundry, individual utility meters, and detached garages.
Where is this apartment building located?
The property is located at 5005 Cahuenga Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: Six‑unit apartment property with all units leased; 5.8% CAP rate; New electrical panels throughout and new HVAC systems in five of six units
