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6054 Farmdale Ave
North Hollywood, CA 91606

$1,100,000 USD

Apartments For Sale  •  5,018 SF

Property Details

• Property Type Apartments
• Total Building Size 4,769 SF
• Lot Size 0.17 AC
• Building Class C
• Year Built 1957
• Cap Rate 4.05 %
• Zoning LAR3

55 Transit Score

80 Walk Score

Highlights

Prime North Hollywood location with strong rental demand and proximity to major employment centers.

Significant 46% rental upside provides a compelling value-add opportunity for investors.

Six-unit apartment building with a flexible mix of 1+1 and 2+1 units, built in 1957.

Minutes from NoHo West development, supporting long-term rental growth prospects.

Current cap rate of 4.05% with scheduled yearly rent of $100,944 and NOI of $44,543.

Classic mid-century asset in a supply-constrained Los Angeles multifamily market.

Cap Rate:

4.05 %

Amenities

• Air Conditioning
• Laundry Facilities

Public Transportation

Commuter Rail	Drive	Walk	Distance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	6 min	-	2.6 mi
Burbank Airport - North (Av Line) Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains)	8 min	-	3.8 mi
Transit/Subway	Drive	Walk	Distance
North Hollywood Station (Orange Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Bob Hope	6 min	-	2.7 mi
Los Angeles International	35 min	-	24.0 mi
Long Beach (Daugherty Field)	49 min	-	36.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes