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    6923 Ben Ave North Hollywood, CA 91605

    For Sale
    $1,650,000

    Seven-unit multifamily property in North Hollywood with upgrade potential.

    Lot size:
    0.18 Acres

    Property Features for 6923 Ben Ave

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1961

    Source: Coldwell Banker Hallmark Realty Agent Gary Kazanchyan

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

    Overview

    North Hollywood Multifamily Investment Opportunity

    This multifamily property in North Hollywood features seven self-contained units across two levels, totaling approximately 6,532 square feet on a nearly 8,000 square foot lot. Each unit is equipped with air conditioning, wall heating, and water meters. On-site amenities include shared laundry facilities and dedicated off-street parking. The property has a Walk Score of 75, providing residents with convenient access to local amenities and Metro access. It is also located near Burbank-Bob Hope Airport. This property is suitable for investors seeking cash flow with potential for future upside through interior upgrades or lease optimization.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -118.3944402
    Latitude
    34.1965561

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    FAQs

    What type of property is this?
    Apartment building - Seven-unit multifamily property in North Hollywood with upgrade potential.
    Where is this apartment building located?
    The property is located at 6923 Ben Ave North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Seven self-contained units offer a strong income-generating opportunity.; - Prime North Hollywood location with a Walk Score of 75, providing easy access to amenities and transportation.; - Each unit includes air conditioning, wall heating, and individual water meters.
    (818) 476-3000
    Request Owner's contact information
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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
    6923 Ben Ave North Hollywood, CA 91605
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