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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0BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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6,123SQFT
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$286$/SQFT
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.
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.