CA > North Hollywood
North Hollywood, CA 91606,6727 Camellia Ave
North Hollywood, CA 91606,6727 Camellia Ave
North Hollywood, CA 91606,6727 Camellia Ave
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$1,050,000
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4 BD
3 BA
1,850 SqFt
Active

6727 Camellia Ave North Hollywood, CA 91606

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Valerie O'Donnell

Valerie O'Donnell

+1(702) 858-6162

UPDATED:

12/03/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,850 sqft

Price per Sqft $567

MLS Listing ID 24-467069

Bedrooms 4

Year Built 1956

Lot Size 6,546 Sqft

Acres 0.155

Property Description

Situated on a 6,546 square foot lot, the building contains two one-bedroom units and one two-bedroom unit, spanning a total of 1,850 square feet. The property is not on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new investor from otherwise costly repairs. Being listed for sale along with the adjacent property at 6726 Beck Avenue could allow an investor to control two parcels that span block-to-block and cover approximately 13,297 square feet of land. Both parcels are situated within a Tier 1 TOC zone, and a new owner may be able to boost revenue substantially by adding ADUs to the lot. The property features full copper plumbing and the owner has maintained the property well, including the installation of a brand new roof in 2021. New window screens, exterior lighting, and security cameras were added recently as well. The on-site laundry facilities offer a supplemental income stream to a new investor. With its solid pipeline of recent and upcoming development projects, North Hollywood has benefited from a strong influx of capital. The new NoHo West mixed-use development features a Trader Joe's, Nordstrom Rack, Regal Cinema, LA Fitness, and several other shops and restaurants as its accompanying 644-unit multifamily development moves forward through construction. A proposed $1 billion mixed-use campus, dubbed District NoHo and featuring approximately 22 million square feet of retail, restaurant, office, and residential space could come online just south of the property.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Assigned

Building

Story 1

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Valerie O'Donnell

Real Estate Professional | RE.S.60078.LLC

+1(702) 858-6162

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6727 Camellia Ave