6934 Hinds Ave - Apartments FOR SALE


North Hollywood, CA 91605
$1,250,000 USD
310-363-4681
6934 Hinds Ave, North Hollywood, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/10
null | 4.21% Cap Rate

6934 Hinds Ave
North Hollywood, CA 91605


HIGHLIGHTS

  • Meticulously Maintained "Pride of Ownership" Asset
  • Ideal ADU Opportunity! Two 500 sq. ft. 1+1's over Carport - (Buyer to verify ADU potential & requirements with City.)
  • Significant NOI Growth Potential | Additional Parking (8 spots) & Laundry Income!
  • Recent CAPEX Improvements (New Sewer Line, Windows, Exterior Paint, Paved Parking Area, New Water Heater, New Automatic Entry Gate)
  • 100% Copper Plumbing | Pitched Roof in Good Condition
  • Highly Desirable Unit Mix | Excellent Rental Location | Individually Metered For Gas & Electric

OVERVIEW

CBRE’s GLA Multifamily Team, as exclusive listing agent, is pleased to present 6934 Hinds Avenue—a “Pride of Ownership” asset located in the vibrant North Hollywood neighborhood of Los Angeles. This meticulously-maintained property features an ideal unit mix: two 1-bedroom/1-bath units and four 2-bedroom/1-bath units, appealing to a broad tenant base. Recent upgrades include a freshly painted exterior, new windows (selected units), newly paved driveway and parking area. Residents also enjoy conveniences such as automatic gated entry, on-site laundry facilities, and dedicated parking—creating a comfortable and hassle-free living experience. The property offers significant upside potential through the addition of accessory dwelling units (ADUs). California and Los Angeles regulations allows for multiple ADU configurations, including one or two detached units in the rear and potential conversion of non-livable spaces into an additional unit. These enhancements could potentially increase rental income. (Buyer to verify ADU potential & requirements with City.)

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$248 USD /SF

# OF UNITS

6

PRICE/UNIT

$208,333

CAP RATE

4.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Significant Rental Upside! ADU Opportunity!

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

310-363-4681

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310-363-4681

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