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Residential Income Property with Balcony
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6259 Coldwater Canyon Avenue, Valley Glen, CA 91606

Valley Glen, CA

Property Size782 SF
Lot Size2.35 Acres
Price / SF$3.06
Days on Market3

Property Features for 6259 Coldwater Canyon Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Laundry Room, Bathroom 1, Kitchen, Bedroom 1
Parking 1
Parking features Assigned, Driveway, Gated, Carport
Spa 1
Window features Double Pane Windows, Blinds
Pets allowed Size Limit, Number Limit, Breed Restrictions
Interior features Quartz Counters, Living Room Balcony, Pantry, Recessed Lighting, Open Floorplan
Exterior features Lighting
Appliances Water Heater, Disposal, Range Hood, Electric Range, Dishwasher
Lot features Landscaped, Near Public Transit, Walkstreet
View Park
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions South of Victory Blvd
Subdivision VG - Valley Glen
Standard status Active
APN 2331011119
Size 782 SF
Lot size 2.35 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

swimming pool
community laundry
gated community
park-like grounds
private balcony

Building Details

Year built 1960
Floors in Building 1
Number of units 1
Flooring type Laminate, Tile
Building materials Stucco
Roof type Asphalt
Architectural style Contemporary
Additional Structures Storage
Listing Agency: Equity Union · Keller Williams Realty
Listed By: Arthur Aslanian · License #01291836
Added: Oct 30 Last Checked: Nov 1 at 8:06AM
MLS# SR26234118

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 782-square-foot upper-level residence has one bedroom and one bathroom, with a separate dining area beside the kitchen. The remodel includes quartz counters, shaker-style cabinetry, stainless steel appliances, laminate flooring, recessed lighting, and double-pane windows. Sliding glass doors connect the living room to a private balcony. Built-in cabinets and bedroom storage add interior storage capacity.

The home is within a gated community with a swimming pool, mature trees, and shared laundry access. One assigned covered carport space is included. Public transportation and the 170 and 101 freeways are accessible from the Valley Glen location.

Key Highlights

  • 782‑square‑foot residence with one bedroom and one bathroom
  • Private balcony overlooking the community pool and landscaped grounds
  • Updated kitchen with quartz counters, shaker‑style cabinets, and stainless steel appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$967,767
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,355,340 $19.4M
Cap Rate 7%
$13,825,243 $13.8M
Cap Rate 9%
$10,752,967 $10.8M
Market Conditions
NOI Build-Up for 782 SF
Gross rent
$1.77M $2,265.96/SF
− Vacancy
−$12.4K −$15.86/SF
EGI
$1.76M $2,250.10/SF
− OpEx
−$791.8K −$1,012.54/SF
NOI
$967.8K $1,237.55/SF
Area
Los Angeles, CA
Vacancy
0.70%
Lease Rate
$2,265.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,355,340
Cap Rate 7%
$13,825,243
Cap Rate 9%
$10,752,967

Alternative Uses

Best Use
Apartment 5plus
$13.83M
$12.10M – $16.13M (±1% cap)
NOI $967,767 @ 7.0% cap · market cap 40,407.81%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$15.84M
$13.86M – $18.48M (±1% cap)
NOI $1,109,000 @ 7.0% cap · market cap 46,304.80%
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

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,259
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - An updated upper-level one-bedroom home pairs a private balcony with access to a community pool and laundry.
Where is this residential income property located?
The property is located at 6259 Coldwater Canyon Avenue Valley Glen, CA.
What are key features of this property?
This property features: 782‑square‑foot residence with one bedroom and one bathroom; Private balcony overlooking the community pool and landscaped grounds; Updated kitchen with quartz counters, shaker‑style cabinets, and stainless steel appliances
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