6334 Beck Ave Los Angeles, CA 91606

Property Details for 6334 Beck Ave

Year built

2024

Property size

9,271 SF

Property type

Apartment buildings

Description

This exceptional 7-unit (6 + 1 ADU) apartment building in North Hollywood, CA represents a prime investment opportunity. Completed in 2024, this Class A property boasts 9,271 square feet on a 9,047 square foot lot and features a compelling 6.20% cap rate with a Net Operating Income (NOI) of $260,008. The building comprises three stories and includes four spacious 4-bed, 4-bath tri-level townhomes, two 3-bed, 3.5-bath tri-level townhomes, and one 2-bed, 2-bath ADU unit. Each unit is separately metered for electricity and gas, and submetered for water, minimizing landlord expenses. Premium features throughout include stainless steel appliances, high ceilings, balconies, ample windows, vinyl flooring, and drought-tolerant landscaping. The asking price is $4,200,000, translating to an attractive price per unit of $600,000. Located at 6334 Beck Ave, Los Angeles, CA 91606 (APN 2335-025-010), this property benefits from its location within an Opportunity Zone, offering significant tax advantages. The building's modern design and desirable features ensure strong tenant demand and long-term value. This is a rare opportunity to acquire a brand-new, stabilized multifamily asset with exceptional returns.