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6645 Farmdale Ave
North Hollywood, CA 91606
2 & 3 BD | 5.16% CAP | Seismic Completed · Multifamily Property For Sale
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6 Units
Investment Highlights
- Excellent Unit Mix – All Two- and Three-Bedroom Units
- Seismic Retrofit Repairs Completed (Buyer to Verify)
- Spacious Floorplans – 5,869 Square Feet Spread Over Six Units
- Current 5.16% CAP Rate with Rent Upside to Allow Increased Future Cash Flow
- Dense North Hollywood Location – 1.2 Miles to New NOHO West Mixed-Use Campus and 1.6 Miles to Proposed $1 Billion District NoHo Development
- Quiet Neighborhood – Only Property on Entire Block with More than Three Units
Property Facts
| No. Units | 6 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 5,869 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | ||
| Zoning | LARD2 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,869 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Zoning | LARD2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $1,690 | 900 |
| 3+2 | 1 | $2,700 | 1,075 |
Property Taxes
| Parcel Number | 2320-022-022 | Improvements Assessment | $714,000 |
| Land Assessment | $1,020,000 | Total Assessment | $1,734,000 |
Property Taxes
Parcel Number
2320-022-022
Land Assessment
$1,020,000
Improvements Assessment
$714,000
Total Assessment
$1,734,000
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