For Sale
$3,240,000

6926 Morella Ave Los Angeles, CA 91605

Prime Los Angeles Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 2021-built commercial property in North Hollywood, CA (91605), presents a lucrative investment opportunity. Located at 6926 Morella Ave, this modern complex comprises three buildings offering unparalleled amenities. The property features a total of five fully stabilized units, each equipped with central air conditioning and heating, in-unit laundry facilities, and essential appliances (refrigerators, stoves, and dishwashers). Ample parking is available, including attached one-car garages and surface lot spaces. The units boast spacious layouts, with a mix of three- and four-bedroom configurations, catering to diverse tenant needs. Situated in the highly desirable NOHO neighborhood, this property is ideal for investors seeking a strong return in a thriving rental market. The asking price is $3,240,000. This property is suitable for a 1031 exchange transaction. The property consists of land and special purpose buildings. The property is zoned for commercial use. The location offers easy access to local amenities and transportation. This is a fully stabilized, turnkey investment opportunity.

Highlights

  • 2021-built, three-building commercial complex in North Hollywood, CA (91605) at 6926 Morella Ave.
  • Five fully stabilized units with central A/C & heat, in-unit laundry, and appliances.
  • Ample parking with attached garages and surface lots.
  • Spacious three- and four-bedroom units.
  • $3,240,000 asking price, suitable for a 1031 exchange.

Property Details for 6926 Morella Ave

Property type
Specialty properties, Land

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.1966503
Longitude
-118.3897123

FAQs

What type of property is this?
Specialty property - Prime Los Angeles Investment Opportunity
Where is the specialty property located?
The property is located at 6926 Morella Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,240,000.
What are key features of this property?
This property features: 2021-built, three-building commercial complex in North Hollywood, CA (91605) at 6926 Morella Ave.; Five fully stabilized units with central A/C & heat, in-unit laundry, and appliances.; Ample parking with attached garages and surface lots.
How can I contact the broker?
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6926 Morella Ave
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