6-Unit Apartment
6206 Beck, North Hollywood, CA 91606
For Sale
$1,275,000
A six-residence property includes one apartment with updated interior finishes and kitchen improvements.
Property Size4,728 SF
Days on Market8
Property Features for 6206 Beck
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Lifetime Realty Inc
Listed By:
Tommy Kim · License CA #01795209
(714) 728-6564
Source:
Truthrealty
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 8 at 12:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lifetime Realty Inc
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Investment Insights
Based on property information with market context.
This 6-unit apartment building dates to 1955. One apartment has a renovated kitchen, refreshed bathroom, new flooring, and fresh interior paint; the property also offers five additional residential units.
The property is at 6206 Beck in North Hollywood, California. Shopping, dining, entertainment, major freeways, and public transportation are described as nearby.
The property is at 6206 Beck in North Hollywood, California. Shopping, dining, entertainment, major freeways, and public transportation are described as nearby.
Key Highlights
- Six residential units
- One apartment has an updated kitchen, refreshed bathroom, new flooring, and fresh interior paint
- Built in 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,077
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,521,540
$1.5M
Cap Rate 7%
$1,086,814
$1.1M
Cap Rate 9%
$845,300
$845.3K
Market Conditions
NOI Build-Up for 4,728 SF
Gross rent
$150.4K $31.80/SF
− Vacancy
−$12.0K −$2.54/SF
EGI
$138.3K $29.26/SF
− OpEx
−$62.2K −$13.17/SF
NOI
$76.1K $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%
$1,521,540
Cap Rate 7%
$1,086,814
Cap Rate 9%
$845,300
Alternative Uses
Best Use
Apartment 5plus
$1.09M
$951.0K – $1.27M
NOI $76,077 @ 7.0% cap · market cap 5.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $177,195 @ 7.0% cap · market cap 13.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,386
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
$801,300
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in North Hollywood, CA
Properties on Market for Apartment buildings in North Hollywood
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - A six-residence property includes one apartment with updated interior finishes and kitchen improvements.
Where is this apartment building located?
The property is located at 6206 Beck North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Six residential units; One apartment has an updated kitchen, refreshed bathroom, new flooring, and fresh interior paint; Built in 1955
