6819 Laurel Canyon Boulevard

North Hollywood, CA 91605

  • 35 Bed(s)
  • 0 Bath(s)
  • 17,466 Sqft
  • 14555
    Sqft(Lot)
$4,500,000

Description

Located in the heart of north hollywood, 6819 laurel canyon blvd. presents a rare 20-unit investment opportunity with significant rental upside and no local rent control restrictions. built in 1982, this courtyard-style complex allows for annual rental increases of 5% + cpi (currently 8.9%). offered at $225,000 per unit and $258 per square foot, the property is priced as a high-potential value-add investment. with 60% rental upside, investors can achieve a stabilized 9.45% cap rate and a 7.78 grm, based on market-rate renovated units in the area. the unit mix consists of (16) two-bedroom, two-bath units, (3) one-bedroom units, and (1) studio. beyond the strong in-place income and rental upside, 6819 laurel canyon sits on a large 14,555 sf lot, offering the opportunity to add adus for even greater cash flow potential (buyer to verify). the property also features subterranean parking for approx. 37 vehicles, a new roof, and a new water heater, minimizing future capital expenditures. situated just north of vanowen st. and 2.5 miles from the noho arts district, the property is positioned in one of the most dynamic and evolving submarkets in la. north hollywood has seen an influx of investment, including the transformative 15-acre noho metro station redevelopment, adding 1,500 new residential units, office space, retail, and hospitality, further elevating the area's desirability and rental demand.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48843381

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Property Details

  • Bedroom Information

    • Total Bedrooms : 35

    Bathroom Information

    • Total Baths: 36
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Fireplace: None

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1982
    • Building Area Total: 17,466

    Security Features

    • Gated Community,Key Card Entry

    Laundry Features

    • Common Area,In Garage

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3341
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 14555

  • Listing Price Information

    • Original List Price: 4,500,000
    • Listing Contract Date: 2025-03-04

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2321026043

  • Garage and Parking

    • Garage Description: Underground,Gated

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: NHO - North Hollywood
    • Postal Code Plus 4: 5660
    • Directions: Located just north of Vanowen St, the subject property is approx. 2.5 miles from the NoHo Arts District and the 1,500 unit District NoHo development by Tramwell Crow Company.
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: NHO - North Hollywood

    Building and Construction

    • Property Age: 43
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 17466
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/07/2025 @ 03:50

  • MLS: 25506299
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 35 bedrooms which is recently sold, it has 17,466 sqft, 14,555 sized lot, and 0 parking. are nearby neighborhoods.