Log In/Sign Up
Your email has been sent.
6308 Coldwater Canyon Ave 6 Unit Apartment Building $1,966,345 CAD ($327,724 CAD/Unit) 5.87% Cap Rate North Hollywood, CA 91606
Investment Highlights
- Great Valley Glen Location
- Los Angeles Valley College Nearby
- High Demand Rental Location
- On-Site Parking & Laundry
- Van Nuys Courthouse Nearby
- Individually Metered Gas & Electric
Executive Summary
Located in the heart of Valley Glen, this well-maintained multifamily apartment building at 6308 Coldwater Canyon Ave presents a strong investment opportunity in a consistently high-demand rental market. The property features a desirable unit mix of four (4) 1-bed/1-bath units and two (2) 2-bed/1-bath units, appealing to a wide range of tenants seeking convenient Valley living.
The property offers essential amenities that support long-term tenant retention, including on-site parking, on-site laundry, and individual gas and electric metering, allowing for reduced owner expenses and operational efficiency. The functional layout and unit configuration provide solid in-place income with potential for future upside through rental growth or interior upgrades.
Ideally situated just minutes from the NoHo Arts District, tenants enjoy close proximity to dining, entertainment, and nightlife, while benefiting from quick access to CA-170 and CA-101 freeways for easy commuting throughout Los Angeles. The location is further enhanced by nearby demand drivers such as Los Angeles Valley College, the Van Nuys Courthouse, and an abundance of shopping, public transit, and neighborhood services.
This Valley Glen asset offers investors a compelling blend of location, unit mix, and fundamentals in one of the San Fernando Valley’s most resilient rental submarkets.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
The property offers essential amenities that support long-term tenant retention, including on-site parking, on-site laundry, and individual gas and electric metering, allowing for reduced owner expenses and operational efficiency. The functional layout and unit configuration provide solid in-place income with potential for future upside through rental growth or interior upgrades.
Ideally situated just minutes from the NoHo Arts District, tenants enjoy close proximity to dining, entertainment, and nightlife, while benefiting from quick access to CA-170 and CA-101 freeways for easy commuting throughout Los Angeles. The location is further enhanced by nearby demand drivers such as Los Angeles Valley College, the Van Nuys Courthouse, and an abundance of shopping, public transit, and neighborhood services.
This Valley Glen asset offers investors a compelling blend of location, unit mix, and fundamentals in one of the San Fernando Valley’s most resilient rental submarkets.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Property Facts
| Price | $1,966,345 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $327,724 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 5.87% | Building Size | 4,328 SF |
| Gross Rent Multiplier | 10.92 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1953 |
| Property Type | Multifamily | Parking Ratio | 1.39/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LAR3 | ||
| Price | $1,966,345 CAD |
| Price Per Unit | $327,724 CAD |
| Sale Type | Investment |
| Cap Rate | 5.87% |
| Gross Rent Multiplier | 10.92 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,328 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (77)
Property Taxes
| Parcel Number | 2332-001-015 | Improvements Assessment | $682,677 CAD |
| Land Assessment | $490,126 CAD | Total Assessment | $1,172,803 CAD |
Property Taxes
Parcel Number
2332-001-015
Land Assessment
$490,126 CAD
Improvements Assessment
$682,677 CAD
Total Assessment
$1,172,803 CAD
1 of 59
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
6308 Coldwater Canyon Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.