6945 Hinds Avenue

North Hollywood, CA 91605

  • 20 Bed(s)
  • 0 Bath(s)
  • 8,382 Sqft
  • 9003
    Sqft(Lot)
$2,000,000

Description

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49367145

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Property Details

  • Bedroom Information

    • Total Bedrooms : 20

    Bathroom Information

    • Total Baths: 11
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1963
    • Building Area Total: 8,382

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2067
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 9003

  • Listing Price Information

    • Original List Price: 2,000,000
    • Listing Contract Date: 2025-04-15

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2321014005

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: NHO - North Hollywood
    • Directions: Marcus & Millichap is pleased to announce the opportunity to purchase 6945 Hinds Avenue, a 10-unit multifamily property in North Hollywood, CA.
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: NHO - North Hollywood

    Building and Construction

    • Property Age: 62
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 8382
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/21/2025 @ 15:16

  • MLS: 25525687
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 20 bedrooms which is for sale, it has 8,382 sqft, 9,003 sized lot, and 0 parking. are nearby neighborhoods.