Courtesy of: Akash Saini, Keller Williams Realty-Studio City, Akash@thecommercialbroker.com
Courtesy of: Akash Saini, Keller Williams Realty-Studio City, Akash@thecommercialbroker.com
$999,000
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3 bed
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2.00 Bath (2 Full)
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Lot: 0.16 Acres
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Triplex
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$999,000
6727 Camellia Avenue Rare North Hollywood triplex opportunity offered as part of a unique dual-parcel, block-to-block multifamily assemblage. 6727 Camellia Avenue consists of three units situated on an approximately 6, 750 SF lot with residential frontage on Camellia Avenue. The property is being offered at $999, 000 and is intended to be purchased concurrently with the adjoining 4-unit property located at 6726 & 6728 Beck Avenue, offered separately at $1, 299, 000. Combined, the two contiguous parcels offer 7 existing units on approximately 13, 500 SF of land with frontage on both Camellia Avenue and Beck Avenue. The assemblage offers multiple potential strategies for a future buyer, including continued multifamily ownership, owner-user potential, and possible ADU/development opportunities. The open area between the existing improvements may provide an opportunity for additional housing units, subject to buyer investigation and City approval. Property features include gated access, on-site laundry, security cameras, copper plumbing, a newer roof, separately metered utilities, and a majority of renovated units. The separate 3-unit and 4-unit parcel configuration may also provide buyers with additional residential financing options compared with acquiring a traditional 7-unit commercial multifamily property, subject to lender qualification and underwriting. Sale of this property is contingent upon the concurrent sale and closing of 6726 & 6728 Beck Avenue. Seller will not sell either parcel independently. Buyer to independently verify all rents, expenses, square footage, zoning, ADU/development potential, financing availability and property information.
Courtesy of: Akash Saini, Keller Williams Realty-Studio City, Akash@thecommercialbroker.com
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