6334 Beck ave - Apartments FOR SALE


North Hollywood, CA 91606
$4,200,000 USD
310-658-2668
6334 Beck ave, North Hollywood, CA for Sale
$4,200,000 USD
Apartments - FOR SALE
1/19
null | 6.2% Cap Rate

6334 Beck ave
North Hollywood, CA 91606


HIGHLIGHTS

  • Opportunity zone! Potential major tax benefits (consult a CPA).
  • Projected cap rate of 6.2%
  • Highly desirable NoHo location! Close to NOHO west and NOHO arts district.
  • No rent control!
  • Spacious, bright and ideal unit mixes.
  • Spacious units with amazing open floorplans + Potential plans for additional ADU Garage conversion.

OVERVIEW

We are proud to present 6334-6338 Beck Ave, to be delivered at closing as a 7-unit (6 + 1 ADU) brand new construction located in North Hollywood! This 7-unit is one of the few new construction properties that can be delivered prior to COFO allowing for the Buyer to take advantage of the Opportunity Zone tax advantages. Once fully leased we project an outstanding in- place CAP of 6.2%. At an amazing price per door of $600,000, this will be gone before you know it. Plus, all the units are SEPARATELY METERED for Electricity, and Gas, and SUBMETERED for water allowing for minimal expenses to the landlord. Premium design, and the ease of owning a hassle-free 2024 construction does not get any better! This property is made up of four large 4 bed, 4 bath tri-level townhome style units, two 3 beds, 3.5 bath tri-level townhome style units, and one 2 beds, 2 bath ADU unit. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features: stainless steel kitchen appliances, high ceilings, balconies off the living space and bedrooms, bright and airy with an ample number of windows allowing for maximum sun-light, vinyl floors, drought tolerant landscaping, GE stainless steel appliances, and more! Do not miss this extremely desirable building that will be highly sought out amongst renters for years to come. Please contact Daniel with any questions or inquiries. He can be reached at 310-770-6247 or Daniel@DKBRealtyAdvisors.com Disclaimer: All information has been secured from plans and sources we believe to be reliable. However, broker/agent make no representation or warranties, expressed or implied, as to the accuracy of the information provided, including square footage, lot size, permits, etc... Buyer is advised to independently verify the accuracy of this information through personal inspections and/or with appropriate professionals. Buyer bears all risk for any inaccuracies.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$453 USD /SF

# OF UNITS

7

PRICE/UNIT

$600,000

CAP RATE

6.2%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

LAR3

APN/PARCEL ID

2335-025-010

ASK ABOUT THIS PROPERTY

Adam ShamooelianKW Commercial Beverly HillsMore Info
310-658-2668

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Adam ShamooelianKW Commercial Beverly HillsMore Info
310-658-2668

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.