Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    North Hollywood Six-Unit Apartment Building Title is generated by Realmo AI

    6651 Beck, North Hollywood, CA 91606

    View on Map
    Claim this Listing
    For Sale
    $1,550,000

    Quadruplex - North Hollywood, CA

    Type:Quadruplex
    Property size:
    6,052 SF
    Lot size:
    6,753.00 Acres
    Price / SF:
    $256/SF
    Added:
    Mar 6, 2026
    Days on Market:
    79
    Last Refresh:
    May 24 at 2:06 am

    Property Features for 6651 Beck

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Bedrooms
    13
    Bathrooms
    7
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Assigned
    Exterior features
    Community Features Included: Urban, Sidewalks, 0-1 Unit/Acre
    Standard status
    Active
    APN
    2320024023
    Size
    6,052 SF
    Lot size
    6,753.00 Acres

    Building Details

    Year built
    1961
    Floors in Building
    2
    Number of units
    6
    Architectural style
    Other

    We can help!

    Listing Contact
    Edison Echeverry

    Listing agent Edison Echeverry License #01224344

    Listing office Four Brothers Real Estate, Inc. 16601 GOTHARD ST #D, Laguna Niguel, CA

    Listing date Mar 6, 2026

    MLS# OC26050237 Listing URL

    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.

    HighLights

    • Fully rented six‑unit apartment building providing immediate cash flow.
    • Potential to increase rent to market rates for higher returns.
    • Excellent location near shopping centers, major freeways, and Burbank airport.
    • Stable, income‑producing property with growth potential.
    • Prime North Hollywood location in a thriving market.
    • Assigned parking for tenants.

    Overview

    This is a fully rented six-unit apartment building, presenting an investment opportunity with immediate cash flow. There is potential to increase rent to market rates. The property is situated in a location near shopping centers, major freeways, and the Burbank airport, offering convenience for tenants. The property size is 6,052 square feet and the lot size is 0.1550275482093664 acres. This income-producing property has growth potential and is located in North Hollywood, California.

    Financial Insights

    Value Estimation Calculated for Apartment 5plus

    Conservative
    $1.08M
    NOI $97,382 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.39M
    NOI $97,382 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.95M
    NOI $97,382 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Apartment 5plus

    Component $ $/SF
    Gross rent $192.5k $31.80
    − Vacancy −$15.4k −$2.54
    EGI $177.1k $29.26
    − OpEx −$79.7k −$13.17
    NOI $97.4k $16.09
    6,052 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

    Alternative Use Scenarios

    Best Use
    Apartment 5plus
    $1.39M
    $1.22M – $1.62M (±1% cap)
    NOI $97,382 @ 7.0% cap · market cap 6.28%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.24M
    $2.84M – $3.78M (±1% cap)
    NOI $226,815 @ 7.0% cap · market cap 14.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience 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
    -118.383607
    Latitude
    34.191771

    Nearby Similar for Sale

    • $395,000

      Established Auto Body Shop

      Auto body shop for sale in North Hollywood.
      5635 Tujunga Avenue, North Hollywood, CA 91601
      View Details
    • $875,000
      2,720 SF

      North Hollywood Triplex on Corner Lot

      Triplex in North Hollywood with strong rental demand and accessibility.
      11667 Burbank, North Hollywood, CA 91601
      View Details
    • $1,195,000
      3,930 SF

      North Hollywood Multifamily Investment Opportunity

      Five-unit apartment building in a high-demand rental market.
      11849 Hart St, North Hollywood, CA 91605
      View Details
    • $2,150,000
      4,526 SF

      Newer Construction North Hollywood Duplex

      Two luxury residences built in 2021 near NoHo Arts District.
      5641 Riverton Ave, North Hollywood, CA 91601
      View Details
    • $2,150,000
      4,526 SF

      Newer Construction North Hollywood Duplex

      Luxury duplex built in 2021 with premium rental income.
      5637 Riverton Ave, North Hollywood, CA 91601
      View Details
    • $1,350,000
      2,080 SF

      North Hollywood Quadruplex: Owner-User Opportunity

      Rare opportunity near NoHo Arts District with renovated unit.
      5629 Cleon, North Hollywood, CA 91601
      View Details
    • $2,295,000
      5,783 SF

      Luxury North Hollywood Fourplex

      Modern fourplex in North Hollywood with high-end finishes.
      6732 Irvine Ave, North Hollywood, CA 91606
      View Details
    • $998,000
      2,395 SF

      North Hollywood Duplex Investment Opportunity

      Well-maintained duplex near NoHo Arts District with development potential.
      5658 Willowcrest Ave, North Hollywood, CA 91601
      View Details
    • $200,000

      Established Pizza Shop in North Hollywood

      Successful pizza shop for sale in high-traffic North Hollywood location.
      12061 Strathern Street, North Hollywood, CA 91605
      View Details
    • $1,400,000
      4,946 SF

      North Hollywood Multifamily Investment Opportunity

      Eight-unit multifamily property in North Hollywood with recent improvements.
      7601 Whitsett Ave, North Hollywood, CA 91605
      View Details
    • $1,600,000
      4,936 SF

      North Hollywood Multifamily Investment Opportunity

      Eight-unit multifamily property in North Hollywood with recent upgrades.
      7559 Whitsett Ave, North Hollywood, CA 91605
      View Details
    • $1,350,000
      2,080 SF

      North Hollywood Quadruplex Opportunity

      Rare owner-user opportunity near the NoHo Arts District.
      5629 Cleon, North Hollywood, CA 91601
      View Details

    FAQs

    What type of property is this?
    Apartment building - Fully rented six-unit apartment building in a prime location.
    Where is this apartment building located?
    The property is located at 6651 Beck North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: Fully rented six‑unit apartment building providing immediate cash flow.; Potential to increase rent to market rates for higher returns.; Excellent location near shopping centers, major freeways, and Burbank airport.
    (562) 644-4544
    We can help!
    Listing Contact
    Edison Echeverry
    Real Estate License ID: 01224344
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6651 Beck, North Hollywood, CA 91606
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!