Description
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 property specifics and to schedule a site visit.
Property Type
Residential IncomeCounty
Los AngelesStyle
ContemporaryAD ID
49931306
Sell a home like this and save $100,601 Find Out How
Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
- Interior Features: Quartz Counters
- Windows: Double Pane Windows
- Property Appliances: Gas Oven,Gas Range,Range Hood
- Fireplace: None
- Flooring: Laminate,Tile,Vinyl
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1958
- Building Area Total: 4,504
- Construction: Unknown,Copper Plumbing
- Roof: Shingle
Foundation
- Raised
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Accessibility Features
- None
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Block,Chain Link
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1587
- Lot Size Source: Assessor
- Lot Size Square Feet: 6912
-
Listing Information
Listing Price Information
- Original List Price: 1,685,000
- Listing Contract Date: 2025-05-23
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2327018066
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NHO - North Hollywood
- Postal Code Plus 4: 4921
- Directions: Coldwater Canyon south of Sherman Way
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: NHO - North Hollywood
- Property SubType: Apartment
Building and Construction
- Property Age: 67
- Common Walls: 2+ Common Walls
- Property Condition: Updated/Remodeled
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 06/07/2025 @ 10:24
- MLS: SR25115726
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,504 sqft, 6,912 sized lot, and 0 parking. are nearby neighborhoods.