6923 Ben Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 0 bed, 0 bath
Loading property details...
North Hollywood, California 91605
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.
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'upside potential through interior renovations,' indicating that kitchens, bathrooms, and flooring are likely outdated and require modernization.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.
The inclusion of individual water meters and on-site laundry facilities significantly reduces owner utility overhead while enhancing tenant convenience and management ease.
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.
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.
Constructed in 1961, the property likely requires significant capital expenditure for system upgrades and modernization to address deferred maintenance and remain competitive.
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.
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.”
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1961 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Dec 11, 2025
$1,499,950
Initial Listing
Jul 15, 2025
$1,650,000
Initial Listing