6905 Agnes, North Hollywood, CA 91605

$1,499,000

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List Price
$1,499,000
Price Change
▼ $100,000 1784258470
Status
ACTIVE
MLS#
IG26042388
Year Built
1941
Lot Size
8,142
Acres
0.19
Lot Location
2-5 Units/Acre
Days on Market
152
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Rare Multi-Unit Opportunity in Prime North Hollywood Location~ Well located four-unit apartment building with a separate single family residence on same lot in the heart of North Hollywood. This unique property offers a strong unit mix and excellent upside potential, making it ideal for investors or owner-users seeking multiple income streams. The apartment building consists of four units with solid rental history and value-add potential. The detached single-family residence provides flexibility for additional income, owner occupancy, or future repositioning. Several units are currently rented below market value, presenting an opportunity to increase cash flow over time. Conveniently located near 101, 134, and 170 , the property offers excellent commuter access throughout Los Angeles, including Hollywood, Studio City,Burbank, and downtown LA. Tenants benefit from proximity to shopping, dining, entertainment and major employment hubs. This is a compelling opportunity to acquire a mixed-use residential asset in a high-demand rental market with long-term appreciation potential.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$69,324
Operating Expense
1

Listing courtesy of Listing Agent: Shellye Milazzo Wilson (shellyewilsonc21@gmail.com) from Listing Office: Century 21 Masters.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.