6745 Coldwater Canyon Ave
Los Angeles, CA 91606
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 6,123 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1976 |
| Building Class | C | Parking Ratio | 1.46/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | R1-1 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,123 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1976 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | R1-1 |
About 6745 COLDWATER CANYON AVE , LOS ANGELES, CA 91606
Marcus & Millichap is pleased to present an eight unit multifamily property located in North Hollywood, California. Situated at 6745 Coldwater Canyon Ave, just south of Vanowen St, the property is located in an ideal rental pocket of North Hollywood. Built in 1976, this rent controlled property has a very good unit mix with five studio / 1-bath units, one 1-bed / 1-bath unit, one 2-bed / 1-bath unit, and one very large 3-bed / 3-bath townhouse unit. The property has very solid current rents, but still has an estimated 17% upside potential in rents. The property has 10 tuck under and gated parking spots which wraps around the building. The property does require some soft story retrofitting which the seller has a quote that states it will cost between $40,000 - $50,000 to fix. The subject property offers an investor a rare opportunity to acquire a well located asset with high cash flow, but still has plenty of room for a value-add buyer.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
| 1+1 | 1 | - | - |
| 2+1 | 1 | - | - |
| 3+3 | 1 | - | - |
Property Taxes
| Parcel Number | 2326-002-036 | Improvements Assessment | $757,701 |
| Land Assessment | $1,136,553 | Total Assessment | $1,894,254 |
Property Taxes
