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6.28% CAP Stabilized Multifamily Investment 6820 Ben Ave 8 Unit Apartment Building $2,309,272 CAD ($288,659 CAD/Unit) 6.28% Cap Rate North Hollywood, CA 91605



Executive Summary
Stratton Commercial Real Estate is pleased to present 6820 Ben Ave, a well located multi-tenant property offered for sale in the North Hollywood submarket of Los Angeles. The two-story building is situated on a ±8,032 square foot lot and encompasses ±6,516 square feet of gross and living area. The property is fully gated, providing controlled access and enhanced security, and includes on-site parking with a functional layout that supports efficient circulation throughout the site. The building features a durable concrete structure with an exterior-corridor design that allows individual unit access. Upper-level units benefit from private balconies, and the overall configuration promotes natural light and a practical flow across both levels. The understated façade, complemented by mature landscaping along the perimeter, presents a clean residential aesthetic while supporting long-term usability. Positioned on a quiet residential street, the property enjoys proximity to major transportation corridors, employment centers, and the amenities of North Hollywood and the surrounding San Fernando Valley. Its central location, favorable lot size, and existing improvements contribute to its appeal as a well-established presence in a supply-constrained Los Angeles market. For more information or to schedule a private tour, please contact Daniel Stratton.
Property Facts
| Price | $2,309,272 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $288,659 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 6.28% | Building Size | 6,516 SF |
| Gross Rent Multiplier | 11.28 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.23/1,000 SF |
| Zoning | LARD1.5 | ||
| Price | $2,309,272 CAD |
| Price Per Unit | $288,659 CAD |
| Sale Type | Investment |
| Cap Rate | 6.28% |
| Gross Rent Multiplier | 11.28 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 6,516 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Security System
- Gated
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 670 |
| 2+1 | 4 | - | 788 |
| 2+1.5 | 1 | - | 1,060 |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2321-023-013 | Improvements Assessment | $924,214 CAD |
| Land Assessment | $756,174 CAD | Total Assessment | $1,680,388 CAD |
Property Taxes
Parcel Number
2321-023-013
Land Assessment
$756,174 CAD
Improvements Assessment
$924,214 CAD
Total Assessment
$1,680,388 CAD
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6.28% CAP Stabilized Multifamily Investment | 6820 Ben Ave
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