Log In/Sign Up
6844 Ben Ave
North Hollywood, CA 91605
53%+/- Upside · Multifamily Property For Sale
·
27 Units
Property Facts
| No. Units | 27 | Lot Size | 0.55 AC |
| Property Type | Multifamily | Building Size | 19,230 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.4/1,000 SF |
| Zoning | RD1.5 | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 19,230 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.4/1,000 SF |
| Zoning | RD1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
Site Amenities
- Laundry Facilities
About 6844 BEN AVE , NORTH HOLLYWOOD, CA 91605
27 Value Add Units in North Hollywood with 53%+/- upside in rents and a 4.82% Cash on Cash return. Also take a look at the cash flow analysis on page 29 to see a scenario that would achieve a 20.9% Average Annual ROI effectively doubling your investment in 5 years. 13 of the units have already been upgraded with new kitchen cabinets, new bathrooms and new flooring, however they are not at market since the owner did not rehab the exterior of the building and the units will need to have the popcorn ceiling scraped, better showers installed and new windows. The good news is there is plenty of upside left for those units and the upgrade should only cost about $10,000/Unit.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 22 | - | - |
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 2321-023-017 | Improvements Assessment | $2,187,291 |
| Land Assessment | $3,581,690 | Total Assessment | $5,768,981 |
Property Taxes
Parcel Number
2321-023-017
Land Assessment
$3,581,690
Improvements Assessment
$2,187,291
Total Assessment
$5,768,981
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
