6727 Camellia Avenue
Property Description
Rare North Hollywood triplex opportunity offered as part of a unique dual-parcel, block-to-block multifamily assemblage. 6727 Camellia Avenue consists of three units situated on an approximately 6,750 SF lot with residential frontage on Camellia Avenue. The property is being offered at $999,000 and is intended to be purchased concurrently with the adjoining 4-unit property located at 6726 & 6728 Beck Avenue, offered separately at $1,299,000. Combined, the two contiguous parcels offer 7 existing units on approximately 13,500 SF of land with frontage on both Camellia Avenue and Beck Avenue. The assemblage offers multiple potential strategies for a future buyer, including continued multifamily ownership, owner-user potential, and possible ADU/development opportunities. The open area between the existing improvements may provide an opportunity for additional housing units, subject to buyer investigation and City approval. Property features include gated access, on-site laundry, security cameras, copper plumbing, a newer roof, separately metered utilities, and a majority of renovated units. The separate 3-unit and 4-unit parcel configuration may also provide buyers with additional residential financing options compared with acquiring a traditional 7-unit commercial multifamily property, subject to lender qualification and underwriting. Sale of this property is contingent upon the concurrent sale and closing of 6726 & 6728 Beck 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: | $999,000 |
| No. of Units: | 3 |
| Year Built: | 1956 |
| Opportunity Zone: | No |
| Price per unit: | $333,000 |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 2 |
ID: 3yd-MRMLSCA-SR26231148
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