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    6153 Coldwater Canyon Ave

    Valley Glen, CA 91606
    • $7,750,000
    • STATUS: Active Under Contract
    • ON SITE: 276 days
    • ID#: 19-527056
    Under Contract
    UPDATED: 55 min ago
    $7,750,000
    • 42
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 18,770
      SQFT
    • $413
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:
    Area:

    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 the Combined LA/Westside Multiple Listing Service as of 2020-08-07T19:43:19.52. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/100550848
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    6153 Coldwater Canyon Ave Valley Glen, CA 91606

    • Price: $7,750,000
    • Status: Active Under Contract
    • Updated: 55 min ago
    • ID#: 19-527056
    42
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    18,770
    SQFT
    $413
    $/SQFT
    1958
    Built
    Neighborhood:
    Valley Glen
    County:
    Los Angeles
    Area:
    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 Area 35780 Other Structures Other Parking Garage Assigned Pool YN No Tennis YN No Total Parking 42

    Interior Features

    Baths Total 42.00 Cooling Air Conditioning Den No Dining Room No Equipment Other Family Room No Heating Wall

    Property Features

    Gross Income 561764 Gross Operating Income 561764 Like Units1 13 Like Units2 6 Like Units3 15 Like Units4 2 Net Operating Income 372145.00 Number Of Buildings 3 Number Of Units 36 Sale Type Standard Source Living Area Other Source Lot Size Area Other Total Annual Expense 241975 Type Of Units Apt Zoning Lar3

    Listing provided courtesy of Jason Flashman DRE#01841976 of Keller Williams-Santa Monica.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-07T19:43:19.52. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355