6923 Ben Avenue, North Hollywood, CA 91605
- $1,499,950
- List Price
- $1,499,950
- Price Change
- ▼ $150,050 1765262044
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- SR25149454
- Year Built
- 1961
- Lot Size
- 7,939
- Acres
- 0.18
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 379
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
Property Description
Rare Investor Opportunity - 7-unit in North Hollywood! An exceptional investment opportunity in the heart of North Hollywood, this well-located seven-unit multifamily property offers strong fundamentals and long-term upside. The two-story building encompasses approximately 6,532 square feet of rentable space and sits on a generous lot of nearly 8,000 square feet, providing an attractive density profile for the area. The property units feature air conditioning, wall heating, and individual water meters, enhancing tenant comfort and operational efficiency. Residents benefit from shared on-site laundry facilities and ample off-street parking, adding to the property’s overall desirability and ease of management. Ideally situated with a Walk Score of approximately 75, the property offers convenient access to neighborhood retail, dining, entertainment, and public transportation, including nearby Metro lines. Its close proximity to Burbank–Bob Hope Airport and major employment centers further strengthens tenant demand. This asset presents an excellent opportunity for investors seeking stable cash flow with meaningful upside potential through interior renovations, rental repositioning, or long-term appreciation in a high-demand rental market. Offered at today’s market price. Serious and qualified inquiries only.”
Additional Information
- Appliances
- Gas Range, Refrigerator, Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $131,777
- Operating Expense
- 41188
Listing courtesy of Listing Agent: Gary Kazanchyan (yellownash@gmail.com) from Listing Office: Coldwell Banker Hallmark Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.