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    7663 Shadyglade Ave North Hollywood, CA 91605

    For Sale
    $1,290,000

    Multifamily property in North Hollywood with high rental income.

    Lot size:
    0.16 Acres

    Property Features for 7663 Shadyglade Ave

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1951

    Source: Lyonsgate Realty California, Inc. Agent Gary Khachatrian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Hollywood Income Property

    Located in North Hollywood, this multifamily property presents an opportunity for investors, owner-users, or families. The property generates over $100,000 in annual rental income. The front house, recently renovated, features 3 bedrooms and 1.5 bathrooms within its 1,144 square feet. It includes quartz countertops, updated plumbing and electrical systems, and newer windows, along with an outdoor patio. Constructed in 2018, the back house offers 3 bedrooms and 2 bathrooms, spanning 1,236 square feet. It is attached to an additional 1-bedroom, 1-bathroom unit, which was converted from a garage. The kitchens in both houses feature quartz countertops, ample cabinet space, and a laundry area in each home. The property is located in close proximity to shops, restaurants and entertainment.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.4026468
    Latitude
    34.2104116

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property in North Hollywood with high rental income.
    Where is this multifamily property located?
    The property is located at 7663 Shadyglade Ave North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: - Over $100,000 in annual rental income; - Two houses on the property: a renovated 3BR/1.5BA front house (1,144SF) and a newer 3BR/2BA back house (1,236SF) built in 2018; - Includes an additional 1BR/1BA unit (converted garage)
    (818) 736-5111
    Request Owner's contact information
    7663 Shadyglade Ave North Hollywood, CA 91605
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    North Hollywood, CA 91605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7663 Shadyglade Ave North Hollywood, CA 91605
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