6726 Beck Avenue
Property Description
Unique North Hollywood 4-unit investment and owner-user opportunity offered as part of a dual-parcel, block-to-block multifamily assemblage. The Beck Avenue property consists of four existing units across two buildings on an approximately 6,750 SF lot. Offered at $1,299,000, this property is intended to be purchased concurrently with the adjoining triplex at 6727 Camellia Avenue, separately offered at $999,000. Together, the properties create a 7-unit investment on approximately 13,500 SF of contiguous land extending from Beck Avenue to Camellia Avenue. Together, the two contiguous parcels create approximately 13,500 SF of land-nearly one-third of an acre-with block-to-block frontage from Beck Avenue to Camellia Avenue. Combined, the properties offer 7 existing units and a unique long-term investment opportunity. A vacant unit creates an attractive opportunity for a potential owner-occupant while collecting rental income from the remaining units. Because this parcel contains four units, qualified buyers may also be able to explore residential 1-4 unit financing rather than traditional commercial multifamily financing, subject to lender guidelines and borrower qualification. The property features gated access, a newer roof, copper plumbing, separately metered utilities, on-site laundry, security cameras and a majority of renovated units. The combined assemblage also offers significant long-term optionality. The open area between the two parcels may provide potential for additional ADUs, and the dual-street configuration provides access from both Beck and Camellia Avenues. All development concepts are subject to buyer investigation and City approval. Sale of this property is contingent upon the concurrent sale and closing of 6727 Camellia Avenue. Seller will not sell either parcel independently. Buyer to independently verify all rents, expenses, square footage, zoning, ADU/development potential, financing availability and property information.
Broker Details
Keller Williams Realty Studio City (818) 432-1500
MLS ID: SR207065152 State License Number: 02010158
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,299,000 |
| No. of Units: | 4 |
| Year Built: | 2004 |
| Opportunity Zone: | No |
| Price per unit: | $324,750 |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 2 |
ID: 3yd-MRMLSCA-SR26231211
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
1113-1115 W McFadden Ave
Santa Ana, California
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout