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8/21/18
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An 18-unit, non-rent controlled multifamily property in North Hollywood sold for $6.85 mil, or $381k/unit. The property is located at 5543 Case Ave, in the heart of the booming NoHo Arts District, walking distance to the Noho Metro Red Line Station.
The building had extensive renovations completed in the last 12 months, including new exterior paint, front door, mailboxes, landscaping, signage, laundry room and LED lighting. Common area features include two inviting outdoor resident lounges and a secured and gated dog walk area.
Jonathan Krikorian, Clark Everitt, and William Everitt with IREA represented the seller, a private investor.
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