6926 Morella Ave Los Angeles, CA 91605
This exceptional 2021-built commercial property in North Hollywood, CA (91605), presents a lucrative investment opportunity. Located at 6926 Morella Ave, this modern complex comprises three buildings offering unparalleled amenities. The property features a total of five fully stabilized units, each equipped with central air conditioning and heating, in-unit laundry facilities, and essential appliances (refrigerators, stoves, and dishwashers). Ample parking is available, including attached one-car garages and surface lot spaces. The units boast spacious layouts, with a mix of three- and four-bedroom configurations, catering to diverse tenant needs. Situated in the highly desirable NOHO neighborhood, this property is ideal for investors seeking a strong return in a thriving rental market. The asking price is $3,240,000. This property is suitable for a 1031 exchange transaction. The property consists of land and special purpose buildings. The property is zoned for commercial use. The location offers easy access to local amenities and transportation. This is a fully stabilized, turnkey investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.