6923 Ben Avenue, North Hollywood, California 91605, North Hollywood, 91605 - bed, bath

6923 Ben Avenue, North Hollywood, California 91605 home-pic-0

6923 Ben Avenue

North Hollywood, California 91605

ACTIVE UNDER CONTRACT
CONDITION: FAIR
0Beds
0Baths
6,532Sq Ft
7,939Lot Size

Property Price

LIST PRICE$1,499,950

SUMMARY

Analysis of 6923 Ben Avenue, North Hollywood, California 91605 is currently available with a list price of $1,499,950. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1961, this 7-unit multifamily property is functional and occupied but shows signs of age consistent with its era. The listing highlights 'upside potential through interior renovations,' indicating that kitchens, bathrooms, and flooring are likely outdated and require modernization. While the property features individual water meters and is well-maintained enough for stable cash flow, the reliance on wall heating and the lack of recent comprehensive renovations place it in the fair category.

PROSSTRENGTHS & OPPORTUNITIES

  • Operational Efficiency

    The inclusion of individual water meters and on-site laundry facilities significantly reduces owner utility overhead while enhancing tenant convenience and management ease.

  • Value-Add Potential

    This 7-unit asset offers substantial upside through interior renovations and rental repositioning, allowing investors to capture higher market rents in a high-demand area.

  • Strategic Connectivity

    With a Walk Score of 75 and close proximity to the Burbank Airport and Metro lines, the property is perfectly positioned to attract a consistent pool of commuters and local professionals.

CONSRISKS & DEFICIENCIES

  • Aging Infrastructure

    Constructed in 1961, the property likely requires significant capital expenditure for system upgrades and modernization to address deferred maintenance and remain competitive.

  • Market Positioning

    A recent price reduction of $150,000 and its current 'Active Under Contract' status suggest initial overpricing or potential hurdles discovered during the due diligence process.

About 6923 Ben Avenue

Rare Investor Opportunity - 7-unit in North Hollywood! An exceptional investment opportunity in the heart of North Hollywood, this well-located seven-unit multifamily property offers strong fundamentals and long-term upside. The two-story building encompasses approximately 6,532 square feet of rentable space and sits on a generous lot of nearly 8,000 square feet, providing an attractive density profile for the area. The property units feature air conditioning, wall heating, and individual water meters, enhancing tenant comfort and operational efficiency. Residents benefit from shared on-site laundry facilities and ample off-street parking, adding to the property’s overall desirability and ease of management. Ideally situated with a Walk Score of approximately 75, the property offers convenient access to neighborhood retail, dining, entertainment, and public transportation, including nearby Metro lines. Its close proximity to Burbank–Bob Hope Airport and major employment centers further strengthens tenant demand. This asset presents an excellent opportunity for investors seeking stable cash flow with meaningful upside potential through interior renovations, rental repositioning, or long-term appreciation in a high-demand rental market. Offered at today’s market price. Serious and qualified inquiries only.”

Property Details

Public Facts

Property Type
Mixed Use
Year Built
1961
Lot Size
7,939 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
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Built year1961-
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Pricing History

Listed for Sale

Dec 11, 2025

$1,499,950

Initial Listing

Price Change

Jul 15, 2025

$1,650,000

Initial Listing

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