5032 Denny Avenue,
SUPER PRIME NOHO District. Quality tenants & very well maintained& upgraded triplex on an oversized 9049 SQ. FT. Adjacent to Burbank & Toluca woods, near Universal /NBC, Disney, Warner Bros, CBS and many major studios. This amazing investment opportunity offers 3 legal units. 5032 is 2 bedrooms, 1 bath, wood burning fireplace and skylight in the kitchen, 1 car attached garage with laundry hookups & private front and back yard. Leased from 9/1/16 to 9/01/18 for $2500. 5034 is a 1 bedroom, 1 bath, laundry room, skylight in the private laundry room and 2 fireplaces in the living room & the bedroom. 1 open parking space. Leased from 11/09/15 to 11/09/19, 3% rent increase from 11/18 to 11/19 5036 is a 1 bedroom, 1 bath, skylight in the kitchen, laundry closet in the kitchen for a stack-able W&D &1 parking space. Leased from 8/16 to 8/19 with 3% increase. within the last 10 years, upgraded electrical, plumbing and the gas lines. All units have central A/C & have pre-wired coax and cat 5 cable. All the units have high efficacy lighting, either in LED recessed light fixtures with LED dimmers and/or fluorescent lighting. All units exterior lighting is on photo cells. Rent controlled and currently being rented at attractive rates. PLEASE DO NOT DISTURB OCCUPANTS AND DO NOT WALK ON THE PROPERTY. The Developers or Builders can build a two story and put 10 units on the property. 4 one bedrooms, 4 two bedrooms and 2 studios with 14-15 parking spaces.