Homes for sale - 7107 Coldwater Canyon AVE, North Hollywood, CA 916...

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Jose Pascual III • Escala Realty Group

$1,685,000

Est. payment - /mo

6,912 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR25115726

Style Contemporary

Year Built 1958

Lot Size 6,912 Sqft

Source California Regional MLS

Property Description

Rare Investment Opportunity On Coldwater Canyon Avenue-Strong Income with Expansion Upside. Unlock the full potential of this 6-unit multi-family property. With four renovated units already commanding top market rents, this income-generating gem is an ideal acquisition for both seasoned investors and first-time multifamily buyers who are looking to transition from SFR rentals. The unit mix of four 2 bed/1 bath and two 1 bed/1bath is ideal with each unit having 1 covered parking space. All units have separate gas and electricity meters. Strategically positioned just west of the CA 170 freeway, this property benefits from exceptional connectivity to major employment hubs, high visibility, and as a result consistently enjoys strong tenant demand. Most importantly, there is value-add potential with the possibility of adding 1-2 new units as the adjacent owner is already doing (confirm with the city), bringing 2 two bedrooms units to market rent after tenant turnover, plus the opportunity to double the parking, and thereby maximize cash flow by leasing extra parking spaces, & renting out storage closets. Whether you're scaling a growing portfolio or stepping for the first time into multi-family ownership , this well-maintained, high-demand asset is an opportunity that sh

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Rooms

Kitchen Hood Over Range, Oven Range - Gas, Oven - Gas

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Laminate

Laundry Washer/Dryer - Owned, Community Facility

Exterior

Parking Features Carport

Garage Spaces 6.0

Pool 31, None

View None

Roof Type Shingle

Building

Foundation Raised

Water District - Public

Architectural Style Contemporary

Others

Tax ID 2327018066

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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7107 Coldwater Canyon AVE North Hollywood, CA 91605

JLee Broker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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