
North Hollywood, California 91606
This Turnkey Multi-Unit Property is a High-Potential Investment Opportunity, listed at $2,850,000. While priced slightly above the $2,729,587 Fair Market Value, the property offers significant stability through its Mint Condition Rating and dual-income potential. Featuring a 4-bedroom main residence and a 3-bedroom ADU with Paid-Off Solar Panels, this asset is designed for immediate rental yield or multi-generational living. With modern Designer Finishes and Smart-Home Features, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, income-producing North Hollywood residence.
Property is new construction or fully renovated.
The property has undergone a recent, extensive renovation and expansion, placing it in mint condition. Key features include brand-new designer kitchens with quartz countertops, modern bathrooms with contemporary tile and LED mirrors, luxury vinyl plank flooring, and updated systems including new HVAC units and paid-off solar panels.
Elementary School: Theodore Roosevelt Elementary School (9/10).
The property features a 4-bedroom main house and a detached 3-bedroom ADU, both delivered vacant, offering exceptional flexibility for high-yield rental income or multi-generational living.
Extensively renovated with luxury vinyl plank flooring, quartz countertops, and smart-home features, providing a contemporary aesthetic that requires no immediate capital expenditure.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3230, other record living area = 1388. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 2.
The list price of $2.85 million is significantly higher than the median for North Hollywood, which may limit the pool of qualified buyers and impact the appraisal process.
With two large residential structures totaling over 3,200 square feet on a 6,905 square foot lot, the remaining yard space is minimal, potentially detracting from the appeal for families with pets or children.
Welcome to this recently renovated, gated 2 unit property in the heart of North Hollywood, offering exceptional flexibility for investors, owner-users. Previously utilized as a detox facility, both units are now delivered vacant, presenting a rare opportunity for immediate occupancy or rental income. The front residence at 6206 Camellia Ave has been extensively remodeled and expanded, featuring 4 bedrooms, 3 bathrooms, and approximately 1,970 square feet of thoughtfully designed living space. The detached ADU at 6204 Camellia Ave offers 3 bedrooms, 2 bathrooms, and approximately 1,260 square feet, providing a versatile secondary residence with excellent income potential. Each home has its own address and is separately metered for gas and electricity, offering convenience and independence for future occupants. Interior upgrades include recessed lighting, luxury vinyl plank flooring, smart-home features, designer finishes, and modern fixtures throughout. Both kitchens are beautifully appointed with Quartz countertops and premium appliances, while the stylishly updated bathrooms provide a clean, contemporary aesthetic. Each unit also includes the convenience of an in-unit washer and dryer. Additional highlights include a charming wood-burning fireplace in the front residence and fully owned, paid-off solar panels servicing the ADU. Situated in a highly desirable North Hollywood location, the property is just minutes from shopping centers, grocery stores, restaurants, parks, schools, and major transportation routes. This turnkey, income-producing opportunity combines modern amenities, quality craftsmanship, and outstanding versatility in one of the San Fernando Valley's most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,230 | 1,535.5 |
| Lot Size | 6,905 | 6,741 |
| Price | $2.85M | $991.7K |
| Price per sq ft | $882 | $629 |
| Built year | 1941 | 1947 |
| HOA | $0 | $0 |
| Days on market | 48 | 62 |
Jun 4, 2026
$2,850,000
Initial Listing
Dec 12, 2024
$1,700,000
Public Record
Jun 18, 2021
$765,000
Public Record
Sep 22, 2000
$182,000
Public Record