$1,685,000
0.16 Acre Lot

7107 Coldwater Canyon Avenue, North Hollywood, California 91605

  • Residential Income Property Type
  • Carport Cars Garage
  • 1958 Year Built
Property Description

Rare Investment Opportunity On Coldwater Canyon Avenue—Strong Income with Expansion Upside.

Unlock the full potential of this 6-unit multi-family property. With four renovated units already commanding top market rents, this income-generating gem is an ideal acquisition for both seasoned investors and first-time multifamily buyers who are looking to transition from SFR rentals. The unit mix of four 2 bed/1 bath and two 1 bed/1bath is ideal with each unit having 1 covered parking space. All units have separate gas and electricity meters. Strategically positioned just west of the CA 170 freeway, this property benefits from exceptional connectivity to major employment hubs, high visibility, and as a result consistently enjoys strong tenant demand. Most importantly, there is value-add potential with the possibility of adding 1-2 new units as the adjacent owner is already doing (confirm with the city), bringing 2 two bedrooms units to market rent after tenant turnover, plus the opportunity to double the parking, and thereby maximize cash flow by leasing extra parking spaces, & renting out storage closets. Whether you’re scaling a growing portfolio or stepping for the first time into multi-family ownership , this well-maintained, high-demand asset is an opportunity that shouldn’t be missed. Property sales along the Coldwater Canyon corridor are few and far between. Contact the listing agent for Offering Memorandum, also attached.

Basic Details
Residential Income
For Sale
SR25115726
$1,685,000
None
1958
0.16 Acre
Active
1
Apartment
: Shingle
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: Block, Chain Link
: None
: Carport
: Contemporary
6.0
: Laminate, Tile, Vinyl
: Quartz Counters
: Common Area
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available
: Double Pane Windows
$0
Appliances
: Gas Oven, Gas Range, Range Hood
Address Map
CA
Los Angeles
North Hollywood
91605
Coldwater Canyon
7107
Avenue
East
Coldwater Canyon south of Sherman Way
NHO - North Hollywood
LAR3
Additional Information
$0
$0
$0
$0
$0
: None
4504
: Urban, Valley
: Copper Plumbing, Unknown
Electricity - On Property
1
: Raised
: Two
: 6-10 Units/Acre
6
2025-05-24
2
2
: Public
Broker/Agent Information
Escala Realty Group
Jose Pascual III
Listing Information
F207015615
F8884001
Cash,Cash to New Loan,Conventional
Active
2025-07-08T19:18:40Z
CRMLS
: Standard
2025-05-24T12:25:36Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069