Two-story buildingShared on-site laundry facilitiesAmple off-street parkingUnits feature air conditioning
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.”
402 days
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16
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Zillow last checked:
Listing updated:
Listed by:
Gary KazanchyanDRE #02231419310-877-5494,
Coldwell Banker Hallmark Realty
Source: CRMLS,MLS#: SR25149454Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 7
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Appliances
Included: Gas Range, Refrigerator, Water Heater
Laundry: Common Area
Features
Flooring: Laminate, Tile
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 6,532
Total interior livable area: 6,532 sqft
Property
Parking
Total spaces: 6
Parking features: Carport
Carport spaces: 6
Features
Levels: Two
Stories: 2
Entry location: Front
Pool features: None
Spa features: None
Fencing: None
Lot
Size: 7,939 Square Feet
Features: 0-1 Unit/Acre
Details
Parcel number: 2321011009
Zoning: LARD1.5
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes
Materials
Roof: Composition
Condition
New construction: No
Year built: 1961
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected