6860 Gentry Ave, North Hollywood, CA 91605

4 Unit Apartment Building | $2,599,000 ($649,750/Unit) | 6.08% Cap Rate | North Hollywood, CA 91605

Asking Price $2,599,000

Property Type
Multifamily
Square Feet
6,329 SF

Listing Contacts

Lena Ghezel

Property Overview

Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2022 and fully occupied. Consisting of two buildings, each housing two units, this modern complex offers unparalleled amenities and convenience for tenants.Every unit boasts the pinnacle of comfort with central air conditioning and heating, ensuring year-round comfort. The inclusion of inside laundry facilities, along with essential appliances such as refrigerators, stoves, and dishwashers, enhances the living experience for residents.Moreover, this property is equipped with solar panels, showcasing a commitment to sustainability while potentially reducing operational costs. Additionally, the rear structure features an expansive 8-car carport, providing ample parking space for tenants.Each unit offers a generous layout with four bedrooms and three bathrooms, accommodating various tenant needs and preferences. Whether it's families seeking spacious living or professionals desiring roomy accommodations, these units cater to a diverse range of renters.With its modern amenities, thoughtful design, and full occupancy, this investment property presents a compelling opportunity for investors looking to capitalize on a thriving rental market. Don't miss out on the chance to secure a lucrative investment in this prime real estate asset.

Property Details

Class
B
Year Built
2022
Stories
1
Lot Size (sq. ft)
6,970 SF
Units
4

Highlights

  • In close proximity to highway 170
  • 20-minute drive to the Hollywood Burbank Airport

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
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