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6944-6954 Coldwater Canyon Ave
North Hollywood, CA 91605 Valley Glen

$4,895,000 USD

Apartments For Sale  •  14,908 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,908 SF
  • Lot Size 0.64 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 6.44 %
  • Zoning LARD2
40 Transit Score
60 Walk Score

Highlights

Three separate 8-unit buildings on individual APNs
Predominantly one-bedroom unit mix with 23 one-bedroom units and one two-bedroom unit
Potential to develop multiple Accessory Dwelling Units (ADUs) across the combined ±28,089-square-foot site (Buyer to verify)
Secured entry with ±25 gated and CCTV-monitored parking spaces
Well-maintained swimming pool and 3 individual on-site laundry facilities
Supplemental income from laundry, parking, RUBS reimbursements, additional rent, and other income

Financial Summary (Actual)

Net Operating Income: $315,242 USD (2026)
Cap Rate: 6.44 %
Total Expenses: $183,031 USD

Amenities

  • Air Conditioning
  • Dishwasher
  • Laundry Facilities
  • Microwave
  • Pool
  • Gated
  • Ceiling Fans
  • Tile Floors
  • Hardwood Floors
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak) 6 min - 3.0 mi
Van Nuys Metrolink Station (Metrolink Ventura County Line - Metrolink Trains) 7 min - 3.3 mi
AirportDriveWalkDistance
Bob Hope 6 min - 3.4 mi
Los Angeles International 34 min - 23.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Raymond A. Rodriguez IV Lucrum Real Estate Group | Equity Union
Raymond A. Rodriguez IV Lucrum Real Estate Group | Equity Union