5220 Harmony Ave
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Sold

5220 Harmony Ave

5220 Harmony Avenue, North Hollywood, CA 91601

$11,170,000

This 70 unit property spans over a 1.28 acres of land and totals 63,441 of building square feet. This property has been operating as a low income housing project (TCAC) and had the opportunity to be re-syndicated for an additional 15 years with a new buyer.  The unit mix consists of 22-One Bedrooms, 28-Two Bedrooms, 9-Three Bedrooms, and 11-Four Bedroom Units. 

 

CLOSED: 10/2018

 

PRICE: 11,170,000

 

GRM: 14.03     CAP: 5.41%       $/UNIT: $159,500

 

Henry Garcia

Henry Garcia

Features & Amenities

Area & Lot

  • Status Sold

Financial

  • Sales Price$11,170,000

Work With Henry

Over the last 23 years, Henry Garcia has sold over 1 billion dollars in real estate. Henry has been able to build trust, rapport and a track record with many of LA's largest apartment owners. He's helped Sellers get top dollar for their properties. He's also helped Buyers find value add and off market opportunities throughout his career.

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Contact Details

Henry Garcia

Phone

(818) 309-3935

Email

[email protected]

Address

4061 Laurel Canyon Blvd. Studio City, CA 91604

CA DRE# 01303784 | TX License# 776633

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