Excellent value-add multifamily investment opportunity featuring a 6-unit building in a highly centralized location. Each unit includes its own dedicated parking space, adding convenience and enhancing rental appeal. Several units have already been upgraded, providing a solid foundation for an investor seeking immediate and future value. The property offers significant upside potential through continued unit improvements, rental-rate optimization, and the potential addition of multiple ADUs, subject to zoning, permits, and city approval. With multiple avenues to increase income and overall property value, this is an attractive opportunity for investors looking to acquire a well-positioned multifamily asset with substantial future growth potential.
| MLS # | 26993867 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 29 |
| Listing Provided By | Rodeo Realty | Ron Maman |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 4,646 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.19 |
| Interior Features | Ceiling Fans |
|---|---|
| Appliances | Refrigerator, Dryer |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Assigned, Covered, Carport, Garage, Shared Driveway, Side By Side, Tandem, Uncovered |
| Garage Yes / No | Yes |
| State | CA |
|---|---|
| County | Los Angeles |
| City | North Hollywood |
| Zip Code | 91605 |
| Area | NHO North Hollywood |
| Listing VS Median (in 91605) | |
Price: $1,450,000 low | high Med: $348,388 sqft: 4,646 low | high Med: 715 $ / sqft: $312 low | high Med: $489 On site: 29 low | high Med: 154.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | North Hollywood |
| Zip Code | 91605 |
| Area | NHO North Hollywood |
| Listing VS Median (in 91605) | |
Price: $1,450,000 low | high Med: $348,388 sqft: 4,646 low | high Med: 715 $ / sqft: $312 low | high Med: $489 On site: 29 low | high Med: 154.5 | |