6
See all 6 photos
$999,000
Est. payment /mo
3 Beds
2 Baths
6,750 Sqft Lot
New
6727 Camellia Avenue North Hollywood, CA 91606
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26231148
Bedrooms 3
Lot Size 6,750 Sqft
Property Sub-Type Res Income 2-4 Units
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. Together, the two contiguous parcels create approximately 13,500 SF of landnearly one-third of an acrewith 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 672
Location
State CA
County Los Angeles
Zoning Assessor
Direction Camellia Ave. & Vanowen St.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 2320016017
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Akash Saini, DRE#02010158 Keller Williams Realty-Studio City
NEARBY SCHOOL & BUSINESS
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