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    Fourplex Plus Detached Single-Family Title is generated by Realmo AI

    6905 Agnes, North Hollywood, CA 91605

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    Picture of Quadplexes at 6905 Agnes, North Hollywood, CA
    For Sale
    $1,599,000

    Apartment - North Hollywood, CA

    Type:Apartment
    Property size:
    3,152 SF
    Lot size:
    8,142.00 Acres
    Price / SF:
    $507/SF
    Added:
    Feb 27, 2026
    Days on Market:
    98
    Last Refresh:
    Jun 5 at 11:06 am

    Property Features for 6905 Agnes

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    6
    Bathrooms
    5
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Interior features
    Carbon Monoxide Detector(s)
    Exterior features
    Community Features Included: Suburban, Lot 6500-9999, 2-5 Units/Acre
    Standard status
    Active
    APN
    2321011034
    Size
    3,152 SF
    Lot size
    8,142.00 Acres

    Utilities

    Heating system
    Wall Furnace
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1941
    Floors in Building
    1
    Number of units
    5
    Architectural style
    Other

    We can help!

    Listing Contact
    Shellye Milazzo Wilson
    Shellye Milazzo Wilson

    Listing agent Shellye Milazzo Wilson License #01105206

    Listing office Century 21 Masters 543 Queensland Cr Unit #102, Whittier, CA

    Listing date Feb 27, 2026

    MLS# IG26042388 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

    • Rare multi‑unit property with a four‑unit apartment building and a separate single‑family residence on one lot.
    • Excellent upside potential due to below‑market rents, offering opportunity to increase cash flow.
    • Prime North Hollywood location in a high‑demand rental market with long‑term appreciation potential.
    • Strong unit mix ideal for investors or owner‑users seeking multiple income streams.
    • Convenient access to 101, 134, and 170 freeways for easy commuting to Hollywood, Studio City, Burbank, and downtown LA.
    • Proximity to shopping, dining, entertainment, and major employment hubs.

    Overview

    Well-located four-unit apartment building on its own lot, paired with a detached single-family residence. The apartment component features a unit mix with solid rental history and includes current opportunities to increase income, as several units are rented below market value. The separate residence provides flexibility for owner occupancy, additional rental income, or future repositioning within the same property.

    The property is in North Hollywood, California, at 6905 Agnes (91605). Commuter access is supported by proximity to major routes including the 101, 134, and 170, while tenants are described as benefiting from nearby shopping, dining, entertainment, and major employment hubs across the Los Angeles area.

    This is a strong fit for investors seeking a multi-unit asset plus an additional income-producing option, particularly those interested in capturing upside through bringing in-place rents closer to market. Owner-users may also value the ability to live in the detached home while holding the four apartment units for ongoing cash flow. With its mixed configuration and long-term appreciation potential in a high-demand rental market, the property is positioned for both current income and future strategy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

    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
    -118.3955204
    Latitude
    34.1960592

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    FAQs

    What type of property is this?
    Quadplex - Mixed-residential income property with four apartment units and a detached residence, offering multiple ways to generate returns.
    Where is this quadplex located?
    The property is located at 6905 Agnes North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: Rare multi‑unit property with a four‑unit apartment building and a separate single‑family residence on one lot.; Excellent upside potential due to below‑market rents, offering opportunity to increase cash flow.; Prime North Hollywood location in a high‑demand rental market with long‑term appreciation potential.
    (951) 316-4730
    We can help!
    Listing Contact
    Shellye Milazzo Wilson
    Shellye Milazzo Wilson
    Real Estate License ID: 01105206
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    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
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