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    6745 Coldwater Canyon Avenue

    North Hollywood, CA 91606
    • $1,750,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 21685092
    UPDATED: 98 min ago
    $1,750,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,123
      SQFT
    • $286
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    Description

    6745 Coldwater Canyon Ave is an eight-unit investment opportunity in the North Hollywood neighborhood of Los Angeles located near the southwest intersection of Vanowen St and Coldwater Canyon Ave. The subject property, built in 1977, consists of five singles, one one-bedroom, one two-bedroom, and one three-bedroom two-and-a-half bath townhouse. Six of the eight units to be delivered vacant at the close of escrow allowing an investor the opportunity to renovate and achieve market rents immediately; projected CAP rate of 5.73%-5.78% when vacancies are leased at market rents.The property features 9 parking spaces and provides ease of management as gas and electric utilities are separately metered. The subject property is a total of 6,123 SF on a highly visible corridor in a prime North Hollywood location less than two miles from Los Angeles Valley College.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-22T19:43:38.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/113641271
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    6745 Coldwater Canyon Avenue North Hollywood, CA 91606

    • Price: $1,750,000
    • Status: Active
    • Updated: 98 min ago
    • ID#: 21685092
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    6,123
    SQFT
    $286
    $/SQFT
    1977
    Built
    Neighborhood:
    VG - Valley Glen
    County:
    Los Angeles
    Area:
    VG - Valley Glen
    Property Description
    6745 Coldwater Canyon Ave is an eight-unit investment opportunity in the North Hollywood neighborhood of Los Angeles located near the southwest intersection of Vanowen St and Coldwater Canyon Ave. The subject property, built in 1977, consists of five singles, one one-bedroom, one two-bedroom, and one three-bedroom two-and-a-half bath townhouse. Six of the eight units to be delivered vacant at the close of escrow allowing an investor the opportunity to renovate and achieve market rents immediately; projected CAP rate of 5.73%-5.78% when vacancies are leased at market rents.The property features 9 parking spaces and provides ease of management as gas and electric utilities are separately metered. The subject property is a total of 6,123 SF on a highly visible corridor in a prime North Hollywood location less than two miles from Los Angeles Valley College.
    Exterior Features

    Parking Features Driveway

    Interior Features

    Flooring CarpetWood

    Property Features

    Gross Income 158712 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 100351 Senior Community YN No Special Listing Conditions Standard Zoning R1-1

    Listing provided courtesy of Neema Ahadian of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-22T19:43:38.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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