6613 Irvine Ave , North Hollywood, CA 91606
$1,950,000
Est. Payment: $10,328.48/mo
16 Bed
9 Bath
6430 Sqft
Status: Active | Days on site: 1
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CLW-X7901312 - CLW-C146034,SR207070081
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House Description

Excellent investment opportunity in North Hollywood featuring a well-maintained 7-unit multifamily property with a desirable unit mix of five 2-bedroom/1-bath units and two spacious 3-bedroom/2-bath units. One of the 2-bedroom units has been completely remodeled and is currently achieving a market rent of $2,500 per month, providing a strong indication of the property's rental potential. The property benefits from very low maintenance and operating costs, making it an attractive opportunity for investors seeking stable income with additional upside potential. Ownership has also completed several significant improvements, including a brand-new second-story walkway, repaired and improved second-floor railings, refreshed exterior paint, replacement of the sewer line beneath the property, and an upgraded water heater with a recirculation pump designed to improve efficiency and hot-water delivery throughout the building. The property has also undergone required retrofit compliance work. Units 2, 3, 6, and 7 have been upgraded with hardwood flooring. Adding to the property's operating efficiency, tenants are individually responsible for their trash service, which is incorporated into their respective utility billing rather than being carried as a building expense.With its strong unit mix, low maintenance costs, recent capital improvements, and demonstrated ability to achieve attractive market rents, this property presents a compelling opportunity for both long-term investors and 1031 exchange buyers.

Highlights

Listed by Artin Hovsepian , 818-601-6101 and Luis Ardiano , 818-815-8150 The Agency , 747-977-3250. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1961

County

Los Angeles

Area

NHO - North Hollywood

Listing ID

26991427

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:16
  • Bathrooms:9
  • Full Bathrooms:0
Appliances:Gas Range, Washer
Floor:Wood

Exterior Features

Lot:No Land Lease
Garage Capacity:9
Zoning:LARD1.5
Others:
  • Additional:Stucco, 2+ Total Units
Sewer:Other
Parking Features:Driveway
Principal Interest
$10,328
Taxes
$1,243

Home Price

$1,950,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$390,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,328.48

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,328.48 $1,243.13 $0.00 $11,571.60
Yearly $123,941.74 $14,917.50 $0.00 $138,859.24
Total $3,718,252.28 $447,525.00 $0.00 $4,165,777.28

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (North Hollywood, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T13:02:28.000Z

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