6945 Hinds Avenue, North Hollywood, CA 91605 - Berkshire Hathaway HomeServices California Properties
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6945 Hinds Avenue, North Hollywood, CA 91605

$2,000,000 Approx. USD 20 beds, 11 baths
8,382 sqft
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Listing Agent


Roderick 'Rick' Raymundo | Rick.Raymundo@MarcusMillichap.com
Lic#: 01357019
Broker: Courtesy of Marcus & Millichap

Agent Remarks

Constructed in 1963, the property sits on a corner lot and contains mostly two-bedroom units. A new investor may be able to add significant value to the asset as current rents sit well below those of similar neighboring properties. With approximately 62% rent upside, the investment provides a long runway for future income growth. Fortunately for a new investor, the property's expensive seismic retrofit repairs have already been completed (Buyer to verify). The building also features upgraded electrical panels, vinyl windows, and an upgraded roof, helping the owner to save on maintenance, utility, and insurance costs. There is on-site parking for 12 vehicles, while the laundry facilities provide a supplemental income stream for the owner. Located near the intersection of Laurel Canyon Boulevard and Vanowen Street, the property allows tenants convenient access to the 5 and 170 Freeways. The recently constructed NOHO West shopping center sits just one mile from the property, offering a convenient shopping and dining destination for residents. In addition to the Trader Joe's, Nordstrom Rack, LA Fitness, and Regal Cinemas featured in that center, the local neighborhood also includes Costco, Home Depot, and Target.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25525687
Price: $2,000,000
Beds: 20
Baths: 11
Built in 1963
8,382 sqft
2 stories
0.21 acres
Lot size: 0.2067
County: Los Angeles
Zoning: LAR3
Parking description: Assigned
MLS area: NHO - North Hollywood

Last Updated: 6/6/2025

 Days On Market (DOM): 92

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This listing belongs to the NHO - North Hollywood MLS area

Lat/Long: 34.197277, -118.391275.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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