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$1,100,000
Est. payment /mo
10 Beds
6 Baths
4,769 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,769 sqft
Price per Sqft $230
MLS Listing ID 26654679
Bedrooms 10
HOA Y/N No
Year Built 1957
Lot Size 7,444 Sqft
Property Description
6054 Farmdale Avenue offers an opportunity to acquire a well-located six-unit apartment building in North Hollywood, one of the San Fernando Valley's most active rental submarkets. The property consists of a unit mix of two one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units, catering to strong and consistent tenant demand in the area. The property presents a compelling value-add opportunity with approximately 46% upside in rents. The asset is located close to the NoHo West development, further enhancing tenant demand and long-term rental growth prospects. Located just minutes from major employment centers, retail corridors, and transit access, 6054 Farmdale Avenue benefits from North Hollywood's continued growth and renter appeal. This is an ideal opportunity for investors seeking hands-on value creation with long-term upside.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Fireplace No
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2338001001
Special Listing Condition Standard
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Listed by Adam Feldman Matthews Real Estate Investment Services #02090792
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