6216 Beck Avenue

    North Hollywood, CA 91606
    • $1,595,000
    • STATUS: Active
    • ON SITE: 83 days
    • ID#: 18338666
    UPDATED: 193 min ago
    $1,595,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,602
      SQFT
    • $347
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    6216 Beck Ave is a clean, 6-unit apartment building priced at 14.53X the gross and has an ideal unit mix of (4) 2+1 and (2) 1+1 units. While currently generating good income, the property still has approximately 20% upside potential in rents. North Hollywood is a dense rental market and major transportation center for Los Angeles, offering a new investor the chance to purchase an income producing property in a fast growing area. All offers are subject to interior inspections. No showings without an accepted offer. PLEASE DO NOT DISTURB THE TENANTS!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-23T00:29:17.797. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/83075879

    6216 Beck Avenue North Hollywood, CA 91606

    • Price: $1,595,000
    • Status: Active
    • Updated: 193 min ago
    • ID#: 18338666
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,602
    SQFT
    $347
    $/SQFT
    1957
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    6216 Beck Ave is a clean, 6-unit apartment building priced at 14.53X the gross and has an ideal unit mix of (4) 2+1 and (2) 1+1 units. While currently generating good income, the property still has approximately 20% upside potential in rents. North Hollywood is a dense rental market and major transportation center for Los Angeles, offering a new investor the chance to purchase an income producing property in a fast growing area. All offers are subject to interior inspections. No showings without an accepted offer. PLEASE DO NOT DISTURB THE TENANTS!
    Exterior Features

    Lot Size Units Square Feet Parking Features Carport Detached Parking YN Yes

    Interior Features

    Laundry Features Washer Included

    Property Features

    Cap Rate 4.24 Gross Multiplier 14.53 Gross Operating Income 109770.00 Improvements Amount 356572 Land Value 202591 Laundry YN Yes Net Operating Income 67628.00 Special Listing Conditions Standard Total Expenses 36653.00 Zoning Lar3

    Listing provided courtesy of Chase Simonton of Peak Commercial.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-23T00:29:17.797. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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