Description
Live in one unit while renting out the others! This exceptional income property embodies the perfect blend of profitability, potential, and a rare chance to acquire two adjacent lots. Conveniently located near NoHo West, Universal Studios Hollywood, and so much more 6727 Camellia Ave is a triplex on a 6,750 SqFt lot zoned RD1.5, 3 units: (2) one bedroom/one bathroom units and (1) two bedrooms/one bathroom. Expand your horizons by acquiring adjacent property 6726 Beck Ave (APN: 2320016007) 4 units on a 6,750 SqFt lot zoned RD2, a combined lot totaling 13,500 SqFt (over a quarter of an acre of land) allowing room to add and/or expand generating additional income. Properties combined comprise of 7 units with separate gas & electric meters, a private yard, on site laundry, and 2 assigned tandem parking spaces. All units are currently occupied by reliable month-to-month tenants ensuring immediate and consistent cash flow minimizing vacancy risk for the new owner. Note: The sale of this property is contingent upon selling the adjacent property to the same buyer(s) or closing on the same date if separate buyers.
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4BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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1,850SQFT
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$676$/SQFT
School Ratings & Info
Description
Live in one unit while renting out the others! This exceptional income property embodies the perfect blend of profitability, potential, and a rare chance to acquire two adjacent lots. Conveniently located near NoHo West, Universal Studios Hollywood, and so much more 6727 Camellia Ave is a triplex on a 6,750 SqFt lot zoned RD1.5, 3 units: (2) one bedroom/one bathroom units and (1) two bedrooms/one bathroom. Expand your horizons by acquiring adjacent property 6726 Beck Ave (APN: 2320016007) 4 units on a 6,750 SqFt lot zoned RD2, a combined lot totaling 13,500 SqFt (over a quarter of an acre of land) allowing room to add and/or expand generating additional income. Properties combined comprise of 7 units with separate gas & electric meters, a private yard, on site laundry, and 2 assigned tandem parking spaces. All units are currently occupied by reliable month-to-month tenants ensuring immediate and consistent cash flow minimizing vacancy risk for the new owner. Note: The sale of this property is contingent upon selling the adjacent property to the same buyer(s) or closing on the same date if separate buyers.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-30T00:31:05.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.