$ 1,499,999
-
$1,499,999
Price -
3
Bed -
2
Bath -
4,504
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing F8884001 - F207015615
STEEP PRICE IMPROVEMENT! Rare Investment Opportunity On Coldwater Canyon Avenue—Strong Income with Expansion Upside. Unlock the full potential of this 6-unit multi-family property. With four renovated units already commanding top market rents, this income-generating gem is an ideal acquisition for both seasoned investors and first-time multifamily buyers who are looking to transition from SFR rentals. The unit mix of four 2 bed/1 bath and two 1 bed/1bath is ideal with each unit having 1 covered parking space. All units have separate gas and electricity meters. Strategically positioned just west of the CA 170 freeway, this property benefits from exceptional connectivity to major employment hubs, high visibility, and as a result consistently enjoys strong tenant demand. Most importantly, there is value-add potential with the possibility of adding 1-2 new units as the adjacent owner is already doing (confirm with the city), bringing 2 two bedrooms units to market rent after tenant turnover, plus the opportunity to double the parking, and thereby maximize cash flow by leasing extra parking spaces, & renting out storage closets. Whether you’re scaling a growing portfolio or stepping for the first time into multi-family ownership , this well-maintained, high-demand asset is an opportunity that shouldn’t be missed. Property sales along the Coldwater Canyon corridor are few and far between. Contact the listing agent for Offering Memorandum, also attached.
Listing Highlights for 7107 Coldwater Canyon Ave
Status
Active
Days on Site
105
Property Type
Multi-Family
MLS ®
SR25115726
Year Built
1958
Total Square Footage
4,504
Lot/Acreage
0.16
County
Los Angeles
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Gas Oven, Gas Range, Range Hood
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor: Laminate,Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Copper Plumbing Full,Quartz Counters
- Water: Public
Exterior Details
- Lot Description: 6-10 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: LAR3
- Roof: Shingle
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2327018066
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
7107 Coldwater Canyon Ave North Hollywood, CA 91605
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
