$1,395,000

7107 Coldwater Canyon Avenue, North Hollywood, CA 91605

  • 3 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon6,913sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

For the Price of a SFR in the Valley but with Income! Rare Investment Opportunity On Coldwater Canyon AvenueStrong 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 youre scaling a growing portfolio or stepping for the first time into multi-family ownership , this well-maintained, high-demand asset is an opportunity that shouldnt be missed. Property sales along the Coldwater Canyon corridor are few and far between. Contact the listing agent for Offering Memorandum, also attached.

Listing Status:
Active
Listing Office:
Escala Realty Group :
Listing Agent:
Jose Pascual III : 805-587-1983
MLS ID:
SR25115726
  • A/C: Wall/Window
  • General: N/K
  • Pool: N/K
  • General: 2 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor2327018066
  • Source: California Regional MLS

This listing courtesy of Jose Pascual III, Escala Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Coldwater Canyon Elementary School

6850 Coldwater Canyon Ave, North Hollywood, CA, 91605

Grades KG-5

0.32 miles away

M

Madison Middle School

13000 Hart St, North Hollywood, CA, 91605

Grades 6-8

0.26 miles away

C

Charles Leroy Lowman Special Education and Career Transition Center

12827 Saticoy St, North Hollywood, CA, 91605

Grades KG-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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