6934 Hinds Ave - Apartments FOR SALE


North Hollywood, CA 91605
$1,350,000 USD
818-433-0548
6934 Hinds Ave, North Hollywood, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/15
null | 4.16% Cap Rate

6934 Hinds Ave
North Hollywood, CA 91605


HIGHLIGHTS

  • Prime location in Los Angeles area
  • ADU Potential – Opportunity to add an Accessory Dwelling Unit (ADU) for future income upside, subject to city approval. Buyer to verify.

OVERVIEW

Introducing a prime investment opportunity in the heart of North Hollywood,Ca : 6934 Hinds Avenue. This well-maintained 5,048 SF building consists of 6 units, built in 1957 and zoned RD1.5. offering strong long-term potential. Located in the desirable North Hollywood neighborhood, the property is 100% occupied, generating a steady and reliable income stream. Proudly owned and meticulously maintained by the same ownership since 1987, this property reflects long-term care and pride of ownership. Recent improvements include brand new paving throughout, a new water heater, new exterior paint, and a newly installed private gate. Additional upgrades feature a brand new large-capacity washer and dryer, updated water-conserving toilets, resurfaced stairs and deck, and four large trees that provide natural shade and enhance the overall curb appeal. An earthquake gas shut-off valve has also been installed for added safety. Equipped with durable, low-maintenance fiberglass double-pane windows, offering enhanced insulation and energy efficiency. A solid multifamily investment with long-term growth potential in one of Los Angeles’ most active rental markets.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$267 USD /SF

# OF UNITS

6

PRICE/UNIT

$225,000

CAP RATE

4.16%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,902 SF

ZONING

LARD1.5

APN/PARCEL ID

2321-015-018

ASK ABOUT THIS PROPERTY

Karl MarkarianeXp CommercialMore Info
818-433-0548

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Karl MarkarianeXp CommercialMore Info
818-433-0548

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