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6242-6248 Vineland Ave
North Hollywood, CA 91606

$5,195,000 USD

Apartments For Sale • 14,507 SF

Property Details

Property Type Apartments
Total Building Size 14,507 SF
Lot Size 0.32 AC
Building Class C
Year Built 1989
Cap Rate 5.61 %
Zoning LARD 1.5

49 Transit Score

75 Walk Score

                
                    Highlights
                
                                Built in 1989 (exempt from LA City rent control)
                            
                                Newer Roof (2022)
                            
                                Gated and Access Controlled Building
                            
                                Close to all Public Transportation and Major Shopping

Property Flyers

1 -6242 Vineland Ave Mini OM 5.5 CAP

1 - 6242-48 Vineland Ave - Assumption - Detailed Expenses 5.5 CAP

Financial Summary (Actual)

Net Operating Income: $301,396 USD (2024)

Cap Rate:	5.61 %
Total Expenses:	$127,273 USD

Amenities

Laundry Facilities
Security System
Storage Space
Heating
Sprinkler System

Public Transportation

Commuter Rail	Drive	Walk	Distance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	4 min	-	1.8 mi
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink))	7 min	-	3.0 mi
Airport	Drive	Walk	Distance
Bob Hope	5 min	-	1.8 mi
Los Angeles International	38 min	-	25.8 mi
Long Beach (Daugherty Field)	51 min	-	36.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes

Ed Koenig 818-903-8088 EK-IRE Koenig Properties

6242-6248 Vineland Ave North Hollywood, CA 91606