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6846 Gentry Ave 5 Unit Apartment Building $895,700 CAD ($179,140 CAD/Unit) North Hollywood, CA 91605
Executive Summary
Mike West of Inland West is pleased to present for sale 6846 Gentry Ave, a 5-unit multifamily opportunity located in North Hollywood, California.
The property consists of one residential building situated on a parcel totaling approximately ±7,997 square feet and features five (5) one-bedroom/one-bath units. Constructed in 1991, the property contains approximately ±4,488 square feet of improvements.
The offering presents investors with the rare opportunity to acquire a multifamily asset where the current in-place rents remain materially below prevailing market rents within the surrounding submarket, providing investors with significant long-term operational repositioning potential within an established Southern California multifamily submarket.
Additional property features include:
• Off-street parking
• Separately metered utilities
The property consists of one residential building situated on a parcel totaling approximately ±7,997 square feet and features five (5) one-bedroom/one-bath units. Constructed in 1991, the property contains approximately ±4,488 square feet of improvements.
The offering presents investors with the rare opportunity to acquire a multifamily asset where the current in-place rents remain materially below prevailing market rents within the surrounding submarket, providing investors with significant long-term operational repositioning potential within an established Southern California multifamily submarket.
Additional property features include:
• Off-street parking
• Separately metered utilities
Property Facts
| Price | $895,700 CAD | Building Class | C |
| Price Per Unit | $179,140 CAD | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 1,273 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1991 |
| Apartment Style | Low-Rise | Parking Ratio | 3.92/1,000 SF |
| Zoning | LARD1.5 | ||
| Price | $895,700 CAD |
| Price Per Unit | $179,140 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 1,273 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1991 |
| Parking Ratio | 3.92/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2321-022-017 | Improvements Assessment | $497,087 CAD |
| Land Assessment | $504,399 CAD | Total Assessment | $1,001,486 CAD |
Property Taxes
Parcel Number
2321-022-017
Land Assessment
$504,399 CAD
Improvements Assessment
$497,087 CAD
Total Assessment
$1,001,486 CAD
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Inland West
6846 Gentry Ave
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