6543 Rhodes Ave - Multi-Family FOR SALE


North Hollywood, CA 91606
$1,995,000 USD
818-795-4477
6543 Rhodes Ave, North Hollywood, CA for Sale
$1,995,000 USD
Multi-Family - FOR SALE
1/21
null | 5.2% Cap Rate

6543 Rhodes Ave
North Hollywood, CA 91606


HIGHLIGHTS

  • Completely remodeled 1,720 square foot SFR with 1,843 square foot permitted ADU built in 2019
  • Upgrades include new roofs, updated electrical, tankless hot water heaters, insulated windows, stamped concrete driveway and perimeter fencing
  • Interior features include electric fireplaces, recessed lighting, vaulted ceiling, quartz counter tops, & stainless-steel appliances.
  • A large 8,787 square foot lot provides an abundance of outdoor space for relaxation and outdoor gatherings
  • Easy commute whether you're heading to the Valley or downtown LA via freeway or public transportation
  • The area is filled with popular local shopping destinations including a variety of restaurants, cafes, boutiques & specialty shops

OVERVIEW

6543 Rhodes Ave., a completely remodeled 1,720 square foot SFR with 1,843 square foot permitted ADU built in 2019 located in the desirable neighborhood of Valley Glen. Upgrades include new roofs, updated electrical, tankless hot water heaters, insulated windows, stamped concrete driveway and perimeter fencing with electric gate. Interior features include electric fireplaces, recessed lighting, vaulted ceiling, quartz counter tops, & stainless-steel appliances. A large 8,787 square foot lot provides an abundance of outdoor space for relaxation and outdoor gatherings with unlimited possibilities. Commuting is a breeze whether you're heading to the Valley or downtown LA. Conveniently located near major freeways including the 170, 101, 134, 5, and 405. Excellent public transportation options nearby, including bus lines and the North Hollywood Metro Station, offering rapid access to the Metro Red Line. Bob Hope Airport (BUR) is just a short distance away and provides easy access to domestic flights. The area is filled with popular local shopping destinations including Valley Glen Plaza, Sherman Oaks Galleria, NoHo West, Burbank Town Center, the North Hollywood Arts District & Ventura Blvd. featuring a variety of restaurants, cafes, boutiques & specialty shops. The property is served by local schools within the Los Angeles Unified School District, including Bellingham Elementary, Roy Romer Middle School, and Grant High School. This well-maintained property offers a prime opportunity for anyone looking to offset their mortgage payments with extra rental income or seeking to add to their investment portfolio.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$560 USD /SF

# OF UNITS

2

PRICE/UNIT

$997,500

CAP RATE

5.2%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6543 Rhodes Ave, North Hollywood, CA 91606-23

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1944

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,787 SF

ZONING

LAR1

APN/PARCEL ID

2333-004-012

ASK ABOUT THIS PROPERTY

Jeffrey IsenbergBuckingham InvestmentsMore Info
818-795-4477

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Jeffrey IsenbergBuckingham InvestmentsMore Info
818-795-4477

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