6928 AGNES AVE

NORTH HOLLYWOOD, CA, 91605

$1,925,000

$385 per ft²
$1,925,000
$385 per ft²
Active
Active
 - For Sale
beds
15 Beds
baths
10 Baths
carpenters-square
4,992 ft²
property_type
Multi-family
calendar
Built 2000
6853 and 6928 Agnes Avenue provide investors a great opportunity to acquire ownership of two separate 6-unit buildings located in a strong rental pocket of North Hollywood. Built in 2000 and 2004 the subject properties fall under statewide rent control which allows for 5% + CPI rental increases annually. Both properties have 30% upside in rental income. 6928 Agnes Avenue has had a vacant, non-conforming unit become a legal and conforming unit. 6853 Agnes Avenue currently has a non-conforming unit vacant which a new owner can covert to a legal and conforming unit. Both properties feature strong unit mixes, with open parking areas and laundry rooms. Unit 6 has rental covenant must be rented to tenant that falls under HUD Moderate Income 120% of AMI Must be purchased with 6853 Agnes Ave, available for sale only as a portfolio.
MLS® ID:
22-141271
Listed:
3/28/22
Updated:
6/24/22
Coldwell Banker Realty
Barry Dantagnan

Interior Features

Total Bedrooms
15
Total Bathrooms
10
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
8,134 ft² lot

Other Property Details

Garage
No
Parking
Other
View
N
County
Los Angeles
Pool
No
Zoning
LARD1.5

Property History

Date
Event
Price
Value
6/3/22
Price Change
$1,925,000
-6%

 

Courtesy of Daniel Withers, Matthews Real Estate Investment Services

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barry Dantagnan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 6/24/22

Coldwell Banker Realty
Barry Dantagnan
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