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    6153 Coldwater Canyon Avenue

    Valley Glen, CA 91606
    • $7,750,000
    • STATUS: Active Under Contract
    • ON SITE: 320 days
    • ID#: 19527056
    Under Contract
    UPDATED: 25 min ago
    $7,750,000
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    We are proud to present to market 6153 Coldwater Canyon Ave, a 36-unit apartment building in the city of North Hollywood which some searches are also saying the property is located Valley Glenn. This offering presents an excellent opportunity to acquire an asset with a desirable unit mix with the ability for a new investor to capture significant potential upside. The building was constructed in 1958 and is situated on an expansive 35,780 of square feet lot. The property offers a compelling unit mix of 15 singles, 2 bachelors, 13 one bedroom and one bath plus 6 two bedroom and two baths. The singles and bachelor utilities are paid by the owner and have not entered into RUBS. The ample parking provides one sport per bedroom for parking (including singles and bachelors having a spot each). All seismic retrofit has been completed.**drive by only, no entry without an accepted offer. Email for full package.**

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-20T12:25:39.75. 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 deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

    www.theashleycooperteam.com/homes/100551448
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    6153 Coldwater Canyon Avenue Valley Glen, CA 91606

    • Price: $7,750,000
    • Status: Active Under Contract
    • Updated: 25 min ago
    • ID#: 19527056
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    1958
    Built
    Neighborhood:
    VG - Valley Glen
    County:
    Los Angeles
    Area:
    VG - Valley Glen
    Property Description
    We are proud to present to market 6153 Coldwater Canyon Ave, a 36-unit apartment building in the city of North Hollywood which some searches are also saying the property is located Valley Glenn. This offering presents an excellent opportunity to acquire an asset with a desirable unit mix with the ability for a new investor to capture significant potential upside. The building was constructed in 1958 and is situated on an expansive 35,780 of square feet lot. The property offers a compelling unit mix of 15 singles, 2 bachelors, 13 one bedroom and one bath plus 6 two bedroom and two baths. The singles and bachelor utilities are paid by the owner and have not entered into RUBS. The ample parking provides one sport per bedroom for parking (including singles and bachelors having a spot each). All seismic retrofit has been completed.**drive by only, no entry without an accepted offer. Email for full package.**
    Exterior Features

    Lot Size Source Other Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN Yes Gross Income 561764.00 Gross Multiplier 13.64 Gross Operating Income 561764.00 Net Operating Income 372145.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 241975.00 Zoning Lar3

    Listing provided courtesy of Jason Flashman of Keller Williams-Santa Monica and Chase Simonton of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-20T12:25:39.75. 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 deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

     
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