CA > North Hollywood (los Angeles)
North Hollywood (los Angeles), CA 91605,6945 Hinds Avenue
North Hollywood (los Angeles), CA 91605,6945 Hinds Avenue
North Hollywood (los Angeles), CA 91605,6945 Hinds Avenue
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Danielle Broad

Danielle Broad

eXp Realty

+1(925) 383-9200
$2,000,000
Est. payment /mo
8,382 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,382 sqft

Price per Sqft $238

MLS Listing ID CL25525687

HOA Y/N No

Year Built 1963

Lot Size 9,003 Sqft

Acres 0.21

Property Sub-Type Other

Property Description

Constructed in 1963, the property sits on a corner lot and contains mostly two-bedroom units. A new investor may be able to add significant value to the asset as current rents sit well below those of similar neighboring properties. With approximately 62% rent upside, the investment provides a long runway for future income growth. Fortunately for a new investor, the property's expensive seismic retrofit repairs have already been completed (Buyer to verify). The building also features upgraded electrical panels, vinyl windows, and an upgraded roof, helping the owner to save on maintenance, utility, and insurance costs. There is on-site parking for 12 vehicles, while the laundry facilities provide a supplemental income stream for the owner. Located near the intersection of Laurel Canyon Boulevard and Vanowen Street, the property allows tenants convenient access to the 5 and 170 Freeways. The recently constructed NOHO West shopping center sits just one mile from the property, offering a convenient shopping and dining destination for residents. In addition to the Trader Joe's, Nordstrom Rack, LA Fitness, and Regal Cinemas featured in that center, the local neighborhood also includes Costco, Home Depot, and Target.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 2321014005

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Roderick 'Rick' Raymundo • Marcus & Millichap
Danielle Broad

+1(925) 383-9200

smiles4dee@gmail.com

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