6727 Camellia AVE North Hollywood, CA 91606
6,751 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26231148
HOA Y/N No
Year Built 1956
Lot Size 6,751 Sqft
Property Sub-Type Triplex
Property Description
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. 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.
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.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Sidewalks
Utilities Available None
Private Pool No
Building
Lot Description Walkstreet
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2320016017
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS