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6320 Beck Ave
North Hollywood, CA 91606
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Newer construction 12 unit multifamily property built in 2018 featuring all two bedroom, two bathroom units for strong and consistent tenant demand.
- Select units offer private balconies, enhancing tenant appeal and supporting competitive market rents.
- Prime North Hollywood location with convenient access to major freeways, employment hubs, shopping, dining, and entertainment.
- Well designed unit interiors include in unit washer and dryer, recessed lighting, modern appliances, wood tone flooring, and a clean white interior pa
- Newer building systems and modern construction help reduce ongoing capital expenditures and support operational efficiency.
EXECUTIVE SUMMARY
Newer Construction 12-Unit Apartment Building | Prime North Hollywood Location An excellent opportunity to acquire a modern multifamily asset located at 6320 Beck Avenue, North Hollywood, CA 91606. This 12-unit, three-story apartment building, constructed in 2018, features a highly desirable and consistent unit mix—all units are spacious 2-bedroom, 2-bathroom layouts—offering broad tenant appeal and strong rental demand in this thriving submarket. Each unit is thoughtfully designed with in-unit stackable washer and dryer, recessed lighting, modern appliances, wood-tone flooring, and a clean white interior palette, creating a bright and inviting living space. The simple, modern finishes are intentionally selected for easy leasing, low maintenance, and strong comparable market rents. Select units feature private balconies, further enhancing tenant desirability and rental potential. With newer construction systems and modern amenities, the property benefits from reduced capital expenditures and operational efficiency. Ideally located in the heart of North Hollywood, the property offers convenient access to major freeways, employment hubs, shopping, dining, and entertainment, supporting consistent rental demand. This turnkey multifamily investment presents a compelling opportunity for investors seeking newer construction, strong unit layouts, and long-term value in a high-demand Los Angeles submarket.
PROPERTY FACTS
| Price Per Unit | $740,064 CAD | Lot Size | 0.33 AC |
| Sale Type | Investment | Building Size | 13,083 SF |
| Cap Rate | 3.77% | Average Occupancy | 91% |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2018 |
| Property Subtype | Apartment | Parking Ratio | 1.83/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | LAR3 - Multiple Dwelling | ||
| Price Per Unit | $740,064 CAD |
| Sale Type | Investment |
| Cap Rate | 3.77% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 13,083 SF |
| Average Occupancy | 91% |
| No. Stories | 3 |
| Year Built | 2018 |
| Parking Ratio | 1.83/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR3 - Multiple Dwelling |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 2335-025-018 | Improvements Assessment | $4,042,303 CAD |
| Land Assessment | $4,331,039 CAD | Total Assessment | $8,373,343 CAD |
PROPERTY TAXES
Parcel Number
2335-025-018
Land Assessment
$4,331,039 CAD
Improvements Assessment
$4,042,303 CAD
Total Assessment
$8,373,343 CAD
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