2018-Constructed Fourplex for
6732 Irvine Ave North Hollywood, CA 91606
6732 Irvine Ave, North Hollywood, CA, 91606
$2,295,000
Pending
For Sale
$2,295,000
Pending
MULTI_FAMILY - North Hollywood, CA
Property Size5,783 SF
Lot Size0.18 Acres
Days on Market132
Property Features for 6732 Irvine Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LARD1.5
- Bedrooms
- 14
- Bathrooms
- 10
- Rooms
- Bathroom 10, Bedroom 4, Bedroom 8, Bathroom 1, Bedroom 10, Bathroom 8, Bathroom 3, Bedroom 7, Bedroom 9, Bathroom 5, Bathroom 2, Bathroom 9, Bathroom 7, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 12, Bedroom 14, Bedroom 11, Bedroom 13, Bedroom 6, Bedroom 3, Bathroom 6
- Parking
- 8
- Standard status
- Pending
- APN
- 2320-014-009
- Size
- 5,783 SF
- Lot size
- 0.18 Acres
Building Details
- Year built
- 2018
- Floors in Building
- 2
- Number of units
- 4
Listing Agency
Keller Williams Beverly Hills
(310) 432-6400
439 N Canon Dr. Suite 300, Beverly HIlls, CA
Listed by
Morgan Mcmullin · License #01716570
(424) 231-5635
Added: Mar 9 Checked: Jul 18 at 3:06 am
MLS# 26662015
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 6732 Irvine Ave in North Hollywood, this 2018-constructed fourplex offers a total of four residences with an exceptional unit mix. The property includes two 3-bedroom, 2-bath units and two 4-bedroom, 3-bath units, each designed with modern, durable finishes. In-unit laundry hookups, central A/C and heat, and tankless water heaters are included, along with private balconies or patios. The building also provides on-site parking for approximately 6–8 spaces.
The offering is presented as exempt from Los Angeles Rent Stabilization Ordinance (RSO), supporting market-rate rental flexibility. It is described as a 3-minute drive from the North Hollywood Metro Station, and positioned near the NoHo West development. The area is noted as very walkable, with a Walk Score of 80, reflecting demand in the densely populated North Hollywood submarket.
The offering is presented as exempt from Los Angeles Rent Stabilization Ordinance (RSO), supporting market-rate rental flexibility. It is described as a 3-minute drive from the North Hollywood Metro Station, and positioned near the NoHo West development. The area is noted as very walkable, with a Walk Score of 80, reflecting demand in the densely populated North Hollywood submarket.
Key Highlights
- 2018‑built fourplex in North Hollywood
- Unit mix: two 3BD/2BA units plus two 4BD/3BA units
- No rent control—exempt from Los Angeles RSO (market‑rate rental increases)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $156.1k | $27.00 |
| − Vacancy | −$11.9k | −$2.05 |
| EGI | $144.3k | $24.95 |
| − OpEx | −$43.3k | −$7.48 |
| NOI | $101.0k | $17.46 |
5,783 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.44M
$1.26M – $1.68M
NOI $100,992 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$1.33M
$1.16M – $1.55M
NOI $93,053 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$3.10M
$2.71M – $3.61M
NOI $216,734 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - 2018-built fourplex with two 3-bedroom/2-bath and two 4-bedroom/3-bath units, exempt from LA RSO, with on-site parking.
Where is this quadplex located?
The property is located at 6732 Irvine Ave North Hollywood, CA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 2018‑built fourplex in North Hollywood; Unit mix: two 3BD/2BA units plus two 4BD/3BA units; No rent control—exempt from Los Angeles RSO (market‑rate rental increases)
