7253-7257 Vineland Ave 12 Unit Apartment Building $2,580,200 CAD ($215,017 CAD/Unit) 5.68% Cap Rate Sun Valley, CA 91352

7253–7257 Vineland Avenue is a charming 12-unit multifamily property consisting of two adjacent six-unit buildings located in Sun Valley. The property offers a combined 8,144 square feet of living space on a 12,482 square foot LAR3-zoned lot and was built in 1953. The two-story buildings feature a desirable unit mix of eight (8) one-bedroom/one-bathroom units and four (4) two-bedroom/one-bathroom units, evenly distributed between the two buildings with six (6) units each. The property provides twelve (12) covered and gated parking spaces and has undergone several recent improvements, including new windows, a newer roof, and updated electrical systems completed in 2024. Units are separately metered for gas and electricity with individual water heaters, and select residences feature modernized kitchens, updated flooring, and abundant natural light throughout.
Located in the Sun Valley/North Hollywood area of Los Angeles, the property benefits from a highly accessible and amenity-rich setting. Rated “Very Walkable” with a Walk Score of 71, residents enjoy convenient proximity to major retail and dining destinations, including nearby shopping centers, restaurants, and everyday conveniences along Vineland Avenue and Sherman Way. The property is situated near key employment hubs such as the Burbank media and entertainment corridor, including studios and production facilities, as well as the Hollywood Burbank Airport and the NoHo Arts District. Residents also benefit from excellent transportation connectivity, with quick access to the 5, 170, and 101 freeways and multiple Metro bus lines serving the surrounding area.
Can be purchased separately or as part of a 6-property portfolio totaling 48 units throughout North Hollywood and Hollywood!
The property is located within the city of Los Angeles and is subject to Rent Control.