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$ 1,100,000
Est. payment | /mo
4,769 SqFt
$ 1,100,000
Est. payment | /mo
4,769 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,769 sqft
Price per Sqft $230
MLS Listing ID CL26654679
HOA Y/N No
Year Built 1957
Lot Size 7,443 Sqft
Acres 0.17
Property Sub-Type Other
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
Zoning LAR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 2338001001
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Listed by Adam Feldman • Matthews Real Estate Investment Services
Nearby Locations
9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States