6651 Beck 6, North Hollywood, California 91606, North Hollywood, 91606 - 0 bed, 0 bath
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North Hollywood, California 91606
This Multi-Unit Residential Income Asset is listed at $1,599,999, offering a stable footprint in a high-demand rental market. While positioned slightly above the $1,495,323 Fair Market Value, the property delivers immediate cash flow from six fully occupied units. Featuring a Condition Rating of 4, the 1961 structure offers significant Value-Add Potential to capture market-rate rents through interior modernization. Its strategic location near Burbank Airport and top-rated schools like Theodore Roosevelt Elementary (9/10) and North Hollywood Senior High (8/10) ensures long-term desirability. This is a prime acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6651 Beck 6 Subject | $1,599,999* List Price | 0 | 0 | 6,052 | $247 | - |
A 6417 Troost Avenue Sold | $1,465,000 | 0 | 0 | 5,004 | $293 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this multi-unit property is well-maintained and fully functional but shows clear signs of age. The kitchens and bathrooms feature dated cabinetry, laminate countertops, and older white appliances. While the units appear move-in ready for tenants, they lack modern renovations, and the overall aesthetic reflects periodic maintenance rather than a recent comprehensive update.
Elementary School: Theodore Roosevelt Elementary School (9/10).
The property is a fully occupied six-unit apartment building, providing investors with immediate cash flow and a stable, income-producing asset from the moment of acquisition.
With current rents below market rates, there is a substantial opportunity to increase the Net Operating Income (NOI) and property valuation by adjusting leases to reflect the thriving North Hollywood market.
Constructed in 1961, the property may require higher ongoing maintenance costs or capital expenditures for system upgrades compared to more modern residential income assets.
With six units situated on a 6,753 square foot lot, there is limited potential for additional site amenities or expansive outdoor common areas for tenants.
Prime North Hollywood Investment Opportunity! Looking for a solid real estate investment? This fully rented **six-unit apartment building** offers immediate cash flow with the potential to **increase rent to market rates**. Excellent location near **shopping centers, major freeways, and the Burbank airport** - perfect for tenants seeking convenience. Stable, income-producing property with **growth potential**. Ideal for investors looking to expand their portfolio in a thriving North Hollywood market. Don't miss out on this opportunity to secure a high-demand property in a prime area! Contact us today to schedule a private showing and start maximizing your investment.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 6,052 | 2,954 | 80% |
| Lot Size | 6,753 | 7,500 | 40% |
| Price | $1.60M | $1.10M | 80% |
| Price per sq ft | $264 | $330 | 20% |
| Built year | 1961 | 1961 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 169 | 20% |
Mar 6, 2026
$1,599,999
Initial Listing
Sep 10, 2002
$425,000
Public Record
Dec 12, 2001
$310,000
Public Record
Oct 1, 1996
$190,000
Public Record