Price Reduction
Address
6745 Coldwater Canyon Avenue North Hollywood, CA
Price
$ 1,750,000
Property Attributes
- MLS#21685092
- TypeIncome
- CountyLOS ANGELES
- CityNorth Hollywood
- AreaValley Glen
- Zip91606
- Style
- Price$ 1,750,000
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms0
- Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Neema Ahadian with Marcus & Millichap
Data Source:
CLAW
Property Description
6745 Coldwater Canyon Ave is an eight-unit investment opportunity in the North Hollywood neighborhood of Los Angeles located near the southwest intersection of Vanowen St and Coldwater Canyon Ave. The subject property, built in 1977, consists of five singles, one one-bedroom, one two-bedroom, and one three-bedroom two-and-a-half bath townhouse. Six of the eight units to be delivered vacant at the close of escrow allowing an investor the opportunity to renovate and achieve market rents immediately; projected CAP rate of 5.73%-5.78% when vacancies are leased at market rents.The property features 9 parking spaces and provides ease of management as gas and electric utilities are separately metered. The subject property is a total of 6,123 SF on a highly visible corridor in a prime North Hollywood location less than two miles from Los Angeles Valley College.
| Price History | |
|---|---|
| 1/26/2021 | Listed $1,875,000 |
| 3/17/2021 | 7% - $1,750,000 |
General Features
| Flooring | Carpet, Wood |
|---|---|
| MLS Area | VG - Valley Glen |
| Parking Features | Driveway |
| Property Type | Residential Income |
| Total Units | 8 |
| Zoning | R1-1 |
Exterior Features
| Lot Size Acres | 0.13 |
|---|---|
| Lot Size Area | 6049 |
| Lot Size Source | Owner |
| Lot Size Square Feet | 6049 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 91606
Price
Visits
Year Built
Walkscore
The MLS™ Combined LA/Westside MLS® (CLAW): All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
