6926 Morella Avenue

North Hollywood, CA 91605

$3,189,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $395 / sqft

2021

calendar_month Built

Property Description

THIS IS THE ONE 5 UNITS-FULLY STABILIZED: 6926 Morella Ave - Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2021. Consisting of three buildings, 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. Additionally, there is plenty of parking for all units with a combination of attached 1 car garages and surface parking lot spaces. Each unit offers a generous layout with a combination of four- & three-bedroom units, 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 at a true 6.47 cap rate. Don't miss out on the chance to secure a lucrative investment in the ultra-hot NOHO neighborhood. Make this property your 1031 exchange transaction.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 6926 Morella Avenue
City North Hollywood
State CA
Zip 91605
County Los Angeles
Listing Agent XIO SANDOVAL DRE#01308913
Courtesy Of CENTURY 21 REALTY MASTERS
MLS MB24069695
List Price $3,189,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 7,904
Year Built 2021
DOM 2

Exterior Information

Maps

Listing information courtesy of: XIO SANDOVAL, CENTURY 21 REALTY MASTERS . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 9th, 2024 at 12:47 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.