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Additional details

Marva Shi Pace

hello@marvapace.com +1(818) 308-4857

$ 1,950,000

Est. payment | -/mo

14 Beds

9 Baths

6,430 SqFt

Save

$ 1,950,000

Est. payment | -/mo

Save

14 Beds

9 Baths

6,430 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,430 sqft

Price per Sqft $303

MLS Listing ID 26991427

Style Traditional

Bedrooms 14

Construction Status No Additions/Alter

Year Built 1961

Lot Size 7,976 Sqft

Acres 0.1831

Property Sub-Type Multi-Family

Property Description

Excellent investment opportunity in North Hollywood featuring a well-maintained 7-unit multifamily property with a desirable unit mix of five 2-bedroom/1-bath units and two spacious 3-bedroom/2-bath units. One of the 2-bedroom units has been completely remodeled and is currently achieving a market rent of $2,500 per month, providing a strong indication of the property's rental potential. The property benefits from very low maintenance and operating costs, making it an attractive opportunity for investors seeking stable income with additional upside potential. Ownership has also completed several significant improvements, including a brand-new second-story walkway, repaired and improved second-floor railings, refreshed exterior paint, replacement of the sewer line beneath the property, and an upgraded water heater with a recirculation pump designed to improve efficiency and hot-water delivery throughout the building. The property has also undergone required retrofit compliance work. Units 2, 3, 6, and 7 have been upgraded with hardwood flooring. Adding to the property's operating efficiency, tenants are individually responsible for their trash service, which is incorporated into their respective utility billing rather than being carried as a building expense.With its strong unit mix, low maintenance costs, recent capital improvements, and demonstrated ability to achieve attractive market rents, this property presents a compelling opportunity for both long-term investors and 1031 exchange buyers.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Wall Unit(s)

Flooring Hardwood

Fireplaces Type None

Equipment Gas Dryer Hookup, Washer

Laundry Community

Exterior

Parking Features Attached, Driveway, Garage Is Attached

Garage Spaces 9.0

Pool None

Amenities Available None

Waterfront Description None

View Y/N No

View None

Roof Type Asphalt

Building

Lot Description Street Asphalt

Story 2

Foundation Slab

Sewer In Street

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Stucco

Construction Status No Additions/Alter

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by The Agency

NEARBY SCHOOL & BUSINESS

+1(818) 308-4857

hello@marvapace.com

Burbank, CA, United States

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6613 Irvine Ave North Hollywood, CA 91606