North Hollywood, CA 91605 7107 Coldwater Canyon Avenue

7107 Coldwater Canyon Avenue North Hollywood, CA - Image 17107 Coldwater Canyon Avenue North Hollywood, CA - Image 27107 Coldwater Canyon Avenue North Hollywood, CA - Image 3
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Presented By: Jose Pascual III with Escala Realty Group; 805-587-1983
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SR25115726
  • 05/24/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 10
  • Baths • 2
  • SQFT • 4,504

Home Details

PRICE IMPROVEMENT! 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.
Presented By: Jose Pascual III with Escala Realty Group; 805-587-1983

Interior Features for 7107 Coldwater Canyon Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile, Vinyl
Heating Y/NYes
Interior AmenitiesQuartzCounters
Laundry FeaturesCommonArea
Total Stories2
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 7107 Coldwater Canyon Avenue

AccessibilityNone
Additional Parcels Y/NNo
AppliancesGasOven, GasRange, RangeHood
Architectural StyleContemporary
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.08
Carport Spaces6.0
Carport Y/NYes
CityNorth Hollywood
Community FeaturesUrban, Valley
Construction MaterialsUnknown, CopperPlumbing
ContingencyNone.
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingNone
DirectionsColdwater Canyon south of Sherman Way
DisclosuresCityInspectionRequired, PetRestrictions, RentControl
ElectricElectricityOnProperty
Electric Expense3515.0
Entry Location1
Facing DirectionEast
Garage Spaces0.0
Garage Y/NNo
Gross Income122808.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense5601.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet6912.0
Lot Size UnitsSquareFeet
MLS AreaNHO - North Hollywood
Maintenance Expense3000.0
MobileHomeRemainsYNNo
Net Operating Income99232.0
New ConstructionNo
Number Of Units Total6
Number of Units Leased6
Operating Expense25246.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot12
Taxes$21,062
Tenant PaysCableTv, Electricity, Gas
Total Actual Rent10234.0
Trash Expense3741.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense6000.0
Year Built1958
Year Built SourceAssessor
ZoningLAR3

Exterior for 7107 Coldwater Canyon Avenue

Building Area Total4504.0
Crops Included Y/NNo
FencingBlock, ChainLink
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.1587
Lot Size Area6912.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters0
Parking FeaturesCarport
Private PoolNo
Road Frontage TypeCityStreet
Road ResponsibilityPrivateMaintainedRoad
SpaNo
Total Parking6.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,585,000
MLS#SR25115726
List Date 05/24/2025
Property Type Multi-Family
Phone 714.742.6515
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