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Listed by Gary Kazanchyan • Coldwell Banker Hallmark Realty
$ 1,499,950
Est. payment /mo
Price Dropped by $150K
6923 Ben AVE North Hollywood, CA 91605
7,939 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25149454
Year Built 1961
Lot Size 7,939 Sqft
Source California Regional MLS
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 a
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Rooms
Kitchen Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate
Laundry Washer/Dryer - Leased, Community Facility
Exterior
Parking Features Carport
Garage Spaces 6.0
Pool 31, None
View None
Roof Type Composition
Building
Water Hot Water, District - Public
Others
Tax ID 2321011009
Special Listing Condition Not Applicable

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