$3,189,000

6926 Morella Avenue, North Hollywood 91605

17

Beds

21

Baths

7,904

Lot Size

5

# Of Units

Listing Agent
Xio Sandoval - CENTURY 21 REALTY MASTERS

THIS IS THE ONE 5 UNITS-FULLY STABILIZED: 6926 Morella Ave - Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2021. Consisting of three buildings, this modern complex offers unparalleled amenities and convenience for tenants. Every unit boasts the pinnacle of comfort with central air conditioning and heating, ensuring year-round comfort. The inclusion of inside laundry facilities, along with essential appliances such as refrigerators, stoves, and dishwashers, enhances the living experience for residents. Additionally, there is plenty of parking for all units with a combination of attached 1 car garages and surface parking lot spaces. Each unit offers a generous layout with a combination of four- & three-bedroom units, accommodating various tenant needs and preferences. Whether it's families seeking spacious living or professionals desiring roomy accommodations, these units cater to a diverse range of renters. With its modern amenities, thoughtful design, and full occupancy, this investment property presents a compelling opportunity for investors looking to capitalize on a thriving rental market at a true 6.47 cap rate. Don't miss out on the chance to secure a lucrative investment in the ultra-hot NOHO neighborhood. Make this property your 1031 exchange transaction.

Facts & Features

MLS® # MB24069695
Price $3,189,000
Bedrooms 17
Bathrooms 21.00
Lot Size 7,904
Year Built 2021
Type Residential Income
Sub-Type Apartment
Status Active
# Of Units 5

Community Information

Address 6926 Morella Avenue
Area NHO - North Hollywood
City North Hollywood
County Los Angeles
Zip Code 91605

Amenities

Parking Spaces 9
Parking Direct Access, Driveway, Garage
# of Garages 4
Garages Direct Access, Driveway, Garage
View Neighborhood
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 1
Stories One, Three Or More

Additional Information

Date Listed April 8th, 2024
Days on Market 27
Zoning LARD1.5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentXio Sandoval
OfficeCENTURY 21 REALTY MASTERS

Listing Map

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