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6926 Morella Ave, North Hollywood (los Angeles), CA, 91605
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6926 Morella Ave North Hollywood (los Angeles), CA, 91605

$3,189,000 Commercial for sale Other

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 y
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Property details

8,057 sqft interior area
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Other
Land area
7,904 sqft (0.18 acres)
Days on Verhouse
38
Address
6926 Morella Ave, North Hollywood (los Angeles), CA, 91605
City of California
North Hollywood (los Angeles)
County
Los Angeles
Year Built
2021
District
Listing

Nearby major retailers

Costco
Trader Joe's
Lowe's
Walmart Supercenter
ALDI
Toyota
Walmart Neighborhood Market
T-Mobile
Whole Foods Market
Aldi
Wholesale: 2
Supermarket: 8
Do it yourself: 1
Car: 1
Car repair: 1
Mobile phone: 2
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Interior Features

Garage & Parking
Int Access From Garage, Other

Listed by

Xio Sandoval, CENTURY 21 REALTY MASTERS
Name
Xio Sandoval
License number
01308913
Brokerage company
CENTURY 21 REALTY MASTERS
MLS #
CRMB24069695

Payment calculator

Calculate your monthly payments
Mortgage
$9,791
Taxes
$0
HOA dues
$0
$9,791 per month
Mortgage
$637,800 / 20%
2.28%
30 years
Your amount $9,791 / month

Lot details

TMK #2321016017
Parcel nr.
2321016017

91605 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
—
no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 91605

43%
Families with children
National average: 39%
41%
Non family households
597,352
Population
$84,514
Average Income

Age & gender

Median age 36 years
More info

Commute types

83% commute by car
More info

Education level

21% have high school education
More info

Number of employees

1% work in construction
More info

Vehicles available

41% have 1 vehicle
More info

Vehicles by gender

41% have 1 vehicle
More info

Housing market insights for

$1.17m
Neighborhood average
sales price*
$969.17k
Neighborhood median
sales price*
543
Number
of sales*

Housing type

36% are single detacheds
More info

Rooms

37% of the houses have 4 or 5 rooms
More info

Bedrooms

56% have 2 or 3 bedrooms
More info

Owners vs Renters

66% are renters
More info
13.33 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing Apr 8, 2024
Date Event Price $/sqft Source
Apr 8, 2024 New Listing $3,189,000 0 MLS #CRMB24069695

Taxes of 6926 Morella Ave, North Hollywood (los Angeles), CA, 91605

LARD zoning / MLS #CRMB24069695
Zoning
LARD

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Frequently Asked Questions about 6926 Morella Ave

What is 6926 Morella Ave?

6926 Morella Ave is a Commercial/Industrial propertywith 8,057 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

6926 Morella Ave, North Hollywood (los Angeles), CA, 91605.

What comparable properties are nearby?

Comparable nearby commercial properties include 6827 Radford Ave, 11925 Vanowen St, 6871 Beck Ave, 6628 Lankershim Blvd, 6711 Tujunga Ave, 7245 Bakman Ave.

Based on information from the bridgeMLS as of 05-15-2024. 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.

Listing last updated on: Apr 09, 2024
Verhouse Last checked less than a minute ago


The closest grocery stores are Ralphs, 0.55 miles away and Target, 1.19 miles away.
The 91605 zip area has a population of 597,352, and 43% of the families have children. The median age is 36.01 years and 83% commute by car. The most popular housing type is "single detached" and 66% is renter.
Commercial For sale $3.19m 6926 Morella Ave, North Hollywood (los Angeles), CA, 91605 Save House Remove from Saved