North Hollywood, CA 91606
$1,450,000

Mark Quesada
Broker / Owner
DRE #02101365
Located in the heart of Valley Glen, this well-maintained multifamily apartment building at 6308 Coldwater Canyon Ave presents a strong investment opportunity in a consistently high-demand rental market. The property features a desirable unit mix of four (4) 1-bed/1-bath units and two (2) 2-bed/1-bath units, appealing to a wide range of tenants seeking convenient Valley living. The property offers essential amenities that support long-term tenant retention, including on-site parking, on-site laundry, and individual gas and electric metering, allowing for reduced owner expenses and operational efficiency. The functional layout and unit configuration provide solid in-place income with potential for future upside through rental growth or interior upgrades. Ideally situated just minutes from the NoHo Arts District, tenants enjoy close proximity to dining, entertainment, and nightlife, while benefiting from quick access to CA-170 and CA-101 freeways for easy commuting throughout Los Angeles. The location is further enhanced by nearby demand drivers such as Los Angeles Valley College, the Van Nuys Courthouse, and an abundance of shopping, public transit, and neighborhood services. This Valley Glen asset offers investors a compelling blend of location, unit mix, and fundamentals in one of the San Fernando Valley’s most resilient rental submarkets. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
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$10,701/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Construction
Lot & parking
Utilities
Listed by James Antonucci, Keller Williams Realty-Studio City
Co-listed by Michael Pesci, Keller Williams Studio City
MLS# SR26029580 · Under Contract
$830,000
Median sale price
47 days
Avg days on market
99.2% of list
Sells for
Closed sales in 91606 over the last 6 months, all home types.
History reflects records reported to the MLS and may be incomplete.
Actual closed sales from the MLS — not estimates.