MLS® ID: 18401090
5050 TUJUNGA Avenue
North Hollywood, California, 91601 $6,595,000
pleased to announce the sale of 5050 Tujunga Avenue, a 25-unit multifamily property in the southern portion of the thriving NoHo Arts District, just two blocks from Toluca Lake, three blocks from Studio City, and one mile from the city of Burbank. Available for sale for the first time in more than 20 years, the 24,390 square foot property features large floorplans, with 68% of the units including two or three bedrooms. Zoned R4, the 24,468 square foot lot is considered to be within the Tier 3 TOC Zone by virtue of its proximity to the North Hollywood Metro Red Line and Orange Line Station. (Source: ZIMAS)Directly across the street from the property is the popular North Hollywood Park, one of the most prominent recreation centers in the San Fernando Valley, which features outdoor movies and food trucks throughout the summer months at events such as Eat See Hear.