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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,300,000

Est. payment - /mo

8,084 Sqft Lot

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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26220474

HOA Y/N No

Year Built 2005

Lot Size 8,084 Sqft

Property Sub-Type Apartment

Property Description

This multi-unit investment property is located in North Hollywood and was built in 2005. The property consists of five spacious three-bedroom, two-bathroom units, each approximately 960 square feet, with a total building size of approximately 5,830 square feet situated on an 8,084-square-foot lot.

Each unit offers central air conditioning, appliances, and two surface parking spaces, providing convenient and comfortable living for tenants. The property also features an onsite laundry facility, creating an additional source of income.

A unique value-add opportunity is the approximately 690 SF storage area, which may have potential for conversion into an ADU, subject to buyer verification. In addition, the rear parking area may offer further development potential for up to four additional ADUs, also subject to buyer verification and applicable city requirements. For reference, a nearby property approximately two buildings away with a similar layout is currently converting its rear parking area into four ADUs, highlighting the potential upside at the subject property.

With its newer construction, desirable unit mix, ample parking, and potential for additional income, 6843 Agnes Ave. presents an attractive multifamily investment opportunity in North Hollywood.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Street Lights, Valley

Private Pool No

Building

Lot Description Near Public Transit, Rectangular Lot, Walkstreet

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 2321025004

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Akash Saini Keller Williams Realty-Studio City 916-704-4184, DRE #02010158

NEARBY SCHOOL & BUSINESS

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6843 Agnes North Hollywood, CA 91605