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6-Unit Apartment Building
For Sale
$2,199,000

5005 Cahuenga, North Hollywood, CA 91601

Commercial Sale, North Hollywood, CA

Property SizeContact for details
Days on Market49

Property Features for 5005 Cahuenga

General Information

Property type Commercial Sale
Property subtype Other
Directions Take the 134 freeway 2 Colinga Blvd. and head north. The property is on your left-hand side.
Subdivision NHO - North Hollywood
Standard status Active
APN 2419015014

Additional Details

Tenant in Place Yes
Individually Metered Utilities gas, electric

Utilities

Cooling system Central Air

Amenities

porch/patios on lower units
entertainment courtyard
large grassy areas
in-unit washer/dryer

Building Details

Year built 1948
Buildings 1
Listing Agency: Rodeo Realty
Listed By: Laurence Cook · License #02070820
Added: Sep 18 Changed: Nov 2 Last Checked: Nov 5 at 7:06AM
MLS# SR26205048

Copyright © 2026 California Regional 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.

Rey
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Investment Insights

Based on property information with market context.

This two-story apartment property, built in 1948, contains six leased units. Each residence has its own laundry room with a washer and dryer, an oven, a refrigerator, and separate gas and electric meters. All units have central air and a detached one-car garage with alley access. Three- and two-bedroom units each include three bathrooms. Shared outdoor features include a rear courtyard, grassy areas, and mature shade and fruit trees. Lower-level units have porches or patios.

Recent work includes new electrical panels throughout, HVAC systems in five units, and exterior painting. Shopping, dining, and entertainment along Riverside Drive in downtown Toluca Lake are within a 15-minute walk. The property has a stated 5.8% cap rate.

Key Highlights

  • Six leased apartments in a two‑story building constructed in 1948
  • Each unit has a detached one‑car garage with alley access
  • Separate laundry room, washer and dryer, oven, refrigerator, and gas and electric meters in every unit

Property Analytics

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Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,165
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Leased residences include private laundry rooms, detached garages, and access to a shared rear courtyard.
Where is this apartment building located?
The property is located at 5005 Cahuenga North Hollywood, 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 leased apartments in a two‑story building constructed in 1948; Each unit has a detached one‑car garage with alley access; Separate laundry room, washer and dryer, oven, refrigerator, and gas and electric meters in every unit
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