6735 Elmer Ave - Apartments FOR SALE


North Hollywood, CA 91606
$8,400,000 USD
818-439-2537
6735 Elmer Ave, North Hollywood, CA for Sale
$8,400,000 USD
Apartments - FOR SALE
1/10
null | 2.95% Cap Rate

6735 Elmer Ave
North Hollywood, CA 91606


OVERVIEW

Prime investment opportunity in North Hollywood, this 21-unit multifamily property has undergone extensive renovations between 2015 and 2018, offering modern living spaces and long-term value. Key Upgrades & Features: New Roofing – Ensuring durability and low maintenance. Modernized Interiors – New kitchens, flooring, windows, and doors. Upgraded Bathrooms – Re-tiled and refreshed for contemporary appeal. Updated Electrical & Plumbing – Fully repiped with new electrical panels in each unit. Efficient Climate Control – New A/C wall units installed. Unit Mix: 9 One-Bedroom Units 4 Two-Bedroom, One-Bathroom Units 2 Two-Bedroom, Two-Bathrooms Units 4 Three-Bedroom, Two-Bathroom Units 1 Studio Units 1 bedroom one bathroom ADU Located in a desirable rental market, this well-maintained property is perfect for investors seeking a turnkey asset with strong rental potential. Disclosure. Currently 16 units are rented. Disclosure. Seller is related to broker.

FOR SALE DETAILS

PRICE

$8,400,000 USD

PRICE/SF

$533 USD /SF

# OF UNITS

21

PRICE/UNIT

$400,000

CAP RATE

2.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,838 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

2319-007-012

ASK ABOUT THIS PROPERTY

Eli ZilbersteinTotal Capital, INCMore Info
818-439-2537

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Eli ZilbersteinTotal Capital, INCMore Info
818-439-2537

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