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:
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2006 Construction
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Individual APN'S
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Great Unit Mix ( 3 Bedroom + 3 Baths )
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Great Valley Village Location
ASSET HIGHLIGHTS
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New Construction, Built in 2006
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Huge Upside in Rents
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Prime Valley Location
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Individually Mapped for Condominiums, Tract No. 61448
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Spacious Floorplans Averaging 1,750 Square Feet
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Great Unit Mix of All Three-Bedroom Units
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Low Maintenance, Efficient Building
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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".