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Listed by: Roderick 'Rick' Raymundo (213) 943-1855 DRE #01357019 | Marcus & Millichap (818) 212-2700
$1,950,000
20 Beds
11 Baths
8,382sqft
6945 Hinds Ave, North Hollywood, CA 91605
$1,950,000
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Multi Family
Built in 1963
$-- HOA
9,003 sqft lot
$233/sq.ft
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 53% 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 lau...
Continue Reading- Houzeo last checked: 15 Minutes ago
- Listing updated: November 14, 2025 at 7:13 pm
- Source: California Regional MLS-CA | MLS#: 25525687
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1963
HOA Fees
-
Finished Area
8,382 sqft
Lot Size
9,003 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25525687
MLS Status
Active
Days on Market
233
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