9-Unit Townhome Apartment
New
For Sale
$5,500,000
6056 Craner Ave, North Hollywood, CA 91606
Residential Income, Architectural, North Hollywood, CA
Property Size14,552 SF
Lot Size0.30 Acres
Price / SF$377.95
Days on Market3
Property Features for 6056 Craner Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD1.5
Bedrooms
32
Bathrooms
24
Full bathrooms
8
Rooms
Bedroom 26, Bedroom 7, Bedroom 25, Bedroom 13, Bedroom 17, Bathroom 3, Bedroom 27, Bathroom 15, Bedroom 23, Bathroom 1, Bathroom 4, Bathroom 8, Bedroom 5, Bedroom 31, Bedroom 12, Bedroom 20, Bedroom 21, Bathroom 18, Bathroom 12, Bathroom 13, Bedroom 10, Bedroom 1, Bedroom 8, Bathroom 21, Bathroom 17, Bedroom 16, Bathroom 7, Bathroom 10, Bathroom 9, Bedroom 6, Bedroom 9, Bedroom 11, Bedroom 29, Bedroom 15, Bedroom 14, Bathroom 11, Bathroom 19, Bathroom 2, Bathroom 16, Bedroom 24, Bathroom 5, Bathroom 24, Bathroom 23, Bathroom 20, Bedroom 3, Bedroom 2, Bathroom 22, Bedroom 28, Bedroom 30, Bathroom 14, Bedroom 18, Bedroom 22, Bedroom 4, Bathroom 6, Bedroom 19, Bedroom 32
Parking
16
Parking features
Garage
Directions
Between Vineland and Cahuenga and Oxnard and Victory
Subdivision
North Hollywood
Standard status
Active
APN
2414-004-020
Size
14,552 SF
Lot size
0.30 Acres
Additional Details
Individually Metered Utilities
water, gas, electricity
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
private balconies
high-end finishes
smart home tech
Building Details
Year built
2020
Floors in Building
3
Number of units
8
Architectural style
Other
Listing Agency:
Keller Williams Studio City · Keller Williams Realty
(818) 432-1500
Listed By:
Alex Galuz · License #01291486
(310) 466-0888
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 4:06AM
MLS# 26106794
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This nine-residence apartment property in North Hollywood consists of seven four-bedroom, four-bathroom townhomes of approximately 1,800 square feet each, one three-bedroom, three-bathroom home measuring 1,200 square feet, and one one-bedroom, one-bathroom home measuring 800 square feet. The building totals 14,552 square feet on a 0.3023-acre parcel. Residences have private balconies, covered two-car garages, high-end finishes, and smart-home technology. Water, gas, and electricity are individually metered. Central heating and central air conditioning serve the property, which is zoned LARD1.5 and identified as a non-rent-controlled asset.
The property is 1.5 miles from the North Hollywood Arts District and North Hollywood Metro Station. The NoHo Arts District includes theaters, restaurants, galleries, and nightlife. Nearby employment and entertainment destinations named in the listing include Burbank Media District and Universal Studios.
The property is 1.5 miles from the North Hollywood Arts District and North Hollywood Metro Station. The NoHo Arts District includes theaters, restaurants, galleries, and nightlife. Nearby employment and entertainment destinations named in the listing include Burbank Media District and Universal Studios.
Key Highlights
- Nine townhomes: seven 4‑bedroom/4‑bath units, one 3‑bedroom/3‑bath unit, and one 1‑bedroom/1‑bath unit
- Total building area of 14,552 square feet on 0.3023 acres
- Seven residences are approximately 1,800 square feet each; remaining units are 1,200 and 800 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$234,153
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,683,060
$4.7M
Cap Rate 7%
$3,345,043
$3.3M
Cap Rate 9%
$2,601,700
$2.6M
Market Conditions
NOI Build-Up for 14,552 SF
Gross rent
$462.8K $31.80/SF
− Vacancy
−$37.0K −$2.54/SF
EGI
$425.7K $29.26/SF
− OpEx
−$191.6K −$13.17/SF
NOI
$234.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,683,060
Cap Rate 7%
$3,345,043
Cap Rate 9%
$2,601,700
Alternative Uses
Best Use
Apartment 5plus
$3.35M
$2.93M – $3.90M
NOI $234,153 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.79M
$6.82M – $9.09M
NOI $545,376 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
9
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,119
Businesses Nearby
Explore this area
Business Placement
Demographics for 91606, CA
43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Private balconies, covered garages, and separately metered utilities are provided across the residences.
Where is this apartment building located?
The property is located at 6056 Craner Ave North Hollywood, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Nine townhomes: seven 4‑bedroom/4‑bath units, one 3‑bedroom/3‑bath unit, and one 1‑bedroom/1‑bath unit; Total building area of 14,552 square feet on 0.3023 acres; Seven residences are approximately 1,800 square feet each; remaining units are 1,200 and 800 square feet
