CLOSED ESCROW

MULTIFAMILY

5555 CARPENTER AVENUE

VALLEY VILLAGE, CA 91607

PRICE:

PRICE/UNIT:

PRICE/SF:

CAP RATE CURRENT/ PRO FORMA:

GRM CURRENT/ PRO FORMA:

YEAR BUILT:

UNIT MIX:

$1,890,000

$378,000

$228.57

4.25%/5.75%

15.75/12.6

2006

3BR+3BA

DEAL HIGHLIGHTS​:

  • 2006 Construction

  • Individual APN'S

  • Great Unit Mix ( 3 Bedroom + 3 Baths )

  • Great Valley Village Location

 

ASSET HIGHLIGHTS

  • New Construction, Built in 2006

  • Huge Upside in Rents

  • Prime Valley Location

  • Individually Mapped for Condominiums, Tract No. 61448

  • Spacious Floorplans Averaging 1,750 Square Feet

  • Great Unit Mix of All Three-Bedroom Units

  • Low Maintenance, Efficient Building

  • On-Site, Gated Parking

THE ASSET

Hirth Group is pleased to present for sale 5555 Carpenter Avenue in Valley Village CA. The building was built in 2006, making it one of only 12 new construction buildings in the last 15 years in the area. All units have three bedrooms and three bathrooms and average approximately 1,750 square feet. Each unit has its own washer and dryer hook-ups and is individually metered for electricity, gas, and water.

 

Located in a very desirable location in the San Fernando Valley, 5555 Carpenter sits on the corner of Burbank Boulevard and Carpenter Street, a few blocks west of the 170 Freeway.  Easy access to major freeways allows tenants to enjoy endless shopping, dining, and entertainment possibilities. 

 

The subject property is conveniently and discreetly located close to the thriving NoHo Arts District, Sherman Oaks, Studio City, West Toluca Lake, Universal City, and Burbank, the "Media Capital of the World".

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2017 by THE HIRTH GROUP

KW Commercial CAL DRE 01499010