5712 Camellia Ave — Sale in North Hollywood, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: North Hollywood, CA 91601

Investment Figures

Cap rate
4.54%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 5712 Camellia Avenue, a 14-unit 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 15,200 square feet of rentable area. The unit mix includes four (4) one-bedroom/one-bath 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 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 (Red Line). 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 replacement cost of approximately $282 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. Investment Highlights: • North Hollywood location • Built in 1989 – Not Subject to the Los Angeles Rent Stabilization Ordinance • 14-unit apartment building featuring an attractive mix of four (4) one-bedroom/one-bath and ten (10) two-bedroom/two-bath units • Approximately 15,200 square feet of rentable area on an 11,252 square foot lot • Spacious units with central air conditioning and heating throughout; select units feature private balconies and fireplaces • Offered at a price below replacement cost of approximately $282 per square foot • Centrally located near the NoHo Arts District with convenient ac

Market Context

This multifamily in North Hollywood, CA is listed for sale. It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 99 days. Compare it against other multifamily listings for sale in North Hollywood, CA — view the full market.

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