6732 Irvine Ave - Apartments FOR SALE


North Hollywood, CA 91606
$2,295,000 USD
310-968-2454
6732 Irvine Ave, North Hollywood, CA for Sale
$2,295,000 USD
Apartments - FOR SALE
1/45
null | 5.34% Cap Rate

6732 Irvine Ave
North Hollywood, CA 91606


HIGHLIGHTS

  • 2018 Construction | Modern Systems | No Rent Control
  • Huge Units | Luxury Finishes | Prime Location | Tremendous Accessibility
  • Stabilized Asset with Great Long Term Potential

OVERVIEW

The subject property is a luxury, 2018-constructed fourplex located in the heart of North Hollywood. This rare investment opportunity offers a modern, high-yield asset with NO RENT CONTROL (exempt from Los Angeles RSO), allowing for market-rate rental increases and significant long-term appreciation. The building features an exceptional unit mix consisting of two massive 3-bedroom, 2-bathroom units and two expansive 4-bedroom, 3-bathroom units. Each residence is designed with high-end finishes, including: • Modern Kitchens: Sleek island kitchens with quartz countertops and stainless steel appliances. • Designer Interiors: Open-concept floor plans featuring recessed lighting, vaulted ceilings, and durable vinyl plank flooring. • Convenience: In-unit laundry hookups, central A/C and heat, tankless water heaters, and private balconies/patios. • Parking: Ample on-site parking (approx. 6–8 spaces) ensures ease for tenants in this high-demand area. Situated just east of Lankershim Blvd and south of Vanowen St, the property is a 3-minute drive from the North Hollywood Metro Station and moments away from the multi-billion dollar NoHo West development. • Walk Score: 80 (Very Walkable) • Demand: The densely populated North Hollywood submarket ensures consistently low vacancy rates and expeditious lease-ups.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$403 USD /SF

# OF UNITS

4

PRICE/UNIT

$573,750

CAP RATE

5.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2019

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

LARD1.5

APN/PARCEL ID

2320-014-009

ASK ABOUT THIS PROPERTY

Morgan McMullinPartners CREMore Info
310-968-2454

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Morgan McMullinPartners CREMore Info
310-968-2454

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.