Skip To Content
    Return to Previous Page

    6916 Laurel Canyon Blvd

    North Hollywood, CA 91605
    • $3,200,000
    • STATUS: Active
    • ON SITE: 7 days
    • ID#: 20-631488
    $3,200,000
    • 17
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,809
      SQFT
    • $326
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    16-unit multifamily complex in the family-friendly submarket of North Hollywood. Under the same ownership since 1993, there are (2) two-story buildings totaling 9,809 bldg. SF that sit on a spacious 15,075 SF double lot, and is comprised of (1) two-bedroom and one bath unit and (15) one bedroom and one bath units. Additionally, the subject property offers 16 surface parking spaces and each unit has been separately metered for gas and electricity. 6916-6924 Laurel Canyon presents a significant value-add opportunity to investors, as current rents are approx. 53% below market value for nicely remodeled units in the area.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T23:42:24.38. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/109939015
    Print Image

    6916 Laurel Canyon Blvd North Hollywood, CA 91605

    • Price: $3,200,000
    • Status: Active
    • ID#: 20-631488
    17
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    9,809
    SQFT
    $326
    $/SQFT
    1964
    Built
    Neighborhood:
    North Hollywood
    County:
    Los Angeles
    Area:
    North Hollywood
    Property Description
    16-unit multifamily complex in the family-friendly submarket of North Hollywood. Under the same ownership since 1993, there are (2) two-story buildings totaling 9,809 bldg. SF that sit on a spacious 15,075 SF double lot, and is comprised of (1) two-bedroom and one bath unit and (15) one bedroom and one bath units. Additionally, the subject property offers 16 surface parking spaces and each unit has been separately metered for gas and electricity. 6916-6924 Laurel Canyon presents a significant value-add opportunity to investors, as current rents are approx. 53% below market value for nicely remodeled units in the area.
    Exterior Features

    Cross Streets Laurel Canyon Boulevard And Dehougne Street Lot Description 2-4 Lots Lot Size Area 15075 Other Structures None Parking Garage Parking Space Total Parking 16

    Interior Features

    Baths Total 16.00 Common Walls Attached Cooling Wall Unit(S) Equipment Built-InsRefrigerator Heating Other Laundry Community

    Property Features

    Assessed Total Value 691076 Gross Income 199296 Gross Operating Income 193317 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 2 Net Operating Income 115655.00 Number Of Buildings 2 Number Of Units 16 Sale Type Standard Source Living Area Other Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 77662 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Kenny Stevens DRE#01090251 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T23:42:24.38. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-631488-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-631488-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-631488-2.jpg
    Logo
    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377