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6512 - 6514 Coldwater Canyon Ave. 6512 Coldwater Canyon Ave 2 Unit Apartment Building $1,195,000 ($597,500/Unit) Valley Glen, CA 91606
Investment Highlights
- Single Family Home + Fully Permitted ADU (2024)
- Fully Gated with Separate Entrances
- Income Producing Property
Executive Summary
Rare opportunity to acquire a gated two-residence property with separate addresses, consisting of a 3-bedroom/2-bath main residence and fully permitted 1-bedroom/1-bath ADU. The property offers approximately 1,746 SF of combined living area per assessor and will be delivered vacant, providing an investor the opportunity to establish market rents immediately.
The main residence is approximately 1,020 SF and features an open floor plan, spacious kitchen with center island, updated bathrooms, private laundry and outdoor space. The approximately 726 SF ADU features a designer kitchen, large bedroom, walk-in closet, private bath and in-unit laundry.
Each residence is independently gated with a separate entrance and private backyard with Jacuzzi, providing excellent separation and tenant appeal. Additional improvements include a gated rear driveway with secure on-site parking.
Projected annual rental income is approximately $116,400, per seller. The property offers multiple strategies, including leasing both residences, owner-occupying one while generating income from the other, or accommodating extended family.
A compelling vacant-delivery investment opportunity offering two independent residences, strong projected income and long-term flexibility in Valley Glen.
Seller is seeking a strong buyer and expedited closing.
The main residence is approximately 1,020 SF and features an open floor plan, spacious kitchen with center island, updated bathrooms, private laundry and outdoor space. The approximately 726 SF ADU features a designer kitchen, large bedroom, walk-in closet, private bath and in-unit laundry.
Each residence is independently gated with a separate entrance and private backyard with Jacuzzi, providing excellent separation and tenant appeal. Additional improvements include a gated rear driveway with secure on-site parking.
Projected annual rental income is approximately $116,400, per seller. The property offers multiple strategies, including leasing both residences, owner-occupying one while generating income from the other, or accommodating extended family.
A compelling vacant-delivery investment opportunity offering two independent residences, strong projected income and long-term flexibility in Valley Glen.
Seller is seeking a strong buyer and expedited closing.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | 1,020 |
| 1+1 | 2 | - | 726 |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
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6512 - 6514 Coldwater Canyon Ave. | 6512 Coldwater Canyon Ave