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6929 Ben Avenue North Hollywood, CA 91605

  • 16 Bed
  • 10 Bath
  • 5,324 sqft
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Residential-Active $ 1,995,000

MLS#: 818005420

Courtesy of: Casey Picard, Keller Williams Realty

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Description

This 2005 multi-family offering maintains an incredible unit mix of (4)-3 bed / 2 bath and (2)- 2 bed / 1 bath units. Currently, the property maintains a great cash-on-cash return with assumable 3.25% interest financing for a newer, non-rent control asset in the San Fernando Valley. This property will provide any potential investor the opportunity to purchase in a rapidly improving sub-market of Los Angeles. The building offers central A.C. & heat and individual meters for gas & electric. Each unit is equipped with a stove, dishwasher, oven, tiled kitchen/baths, and carpet floors. Due to the 2000 vintage age, this property offers great curb appeal with secure gate entry, a laundry room, and 10 open parking spaces located along the side and rear of the property. A new owner will see minimal deferred maintenance due to the nature of the newer property. Located on Ben Avenue in North Hollywood, California, the asset sits in a dense rental market with huge upside and proximity to Ralph's, Smart & Final, Home Depot, and many other major retailers. With the property's central location to major arteries of the San Fernando Valley along with easy access to 170 Freeway, renters will not need to travel far to accomplish most of their daily needs.

Specifications


    Listing, Location and Property Info


  • 11083333.33
  • 374.72
  • 6930
  • NHO - North Hollywood

    General Property Information


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  • 7941
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