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
AVG $1.33M
$1.75M
Visits
AVG 15
15
Year Built
AVG 1960
1977
Walkscore
AVG 75
74
Data Provided by Walkscore ® not using MLS data

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