6727 Camellia Avenue

North Hollywood, CA 91606

$1,050,000
Price
4
Beds
3
Baths
1,850 Sq. Ft.
$568 / Sq. Ft.
1,850
Sq. Ft.
$568
per Sq. Ft.

Description

Situated on a 6,546 square foot lot, the building contains two one-bedroom units and one two-bedroom unit, spanning a total of 1,850 square feet. The property is not on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new investor from otherwise costly repairs. Being listed for sale along with the adjacent property at 6726 Beck Avenue could allow an investor to control two parcels that span block-to-block and cover approximately 13,297 square feet...Situated on a 6,546 square foot lot, the building contains two one-bedroom units and one two-bedroom unit, spanning a total of 1,850 square feet. The property is not on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new investor from otherwise costly repairs. Being listed for sale along with the adjacent property at 6726 Beck Avenue could allow an investor to control two parcels that span block-to-block and cover approximately 13,297 square feet of land. Both parcels are situated within a Tier 1 TOC zone, and a new owner may be able to boost revenue substantially by adding ADUs to the lot. The property features full copper plumbing and the owner has maintained the property well, including the installation of a brand new roof in 2021. New window screens, exterior lighting, and security cameras were added recently as well. The on-site laundry facilities offer a supplemental income stream to a new investor. With its solid pipeline of recent and upcoming development projects, North Hollywood has benefited from a strong influx of capital. The new NoHo West mixed-use development features a Trader Joe's, Nordstrom Rack, Regal Cinema, LA Fitness, and several other shops and restaurants as its accompanying 644-unit multifamily development moves forward through construction. A proposed $1 billion mixed-use campus, dubbed District NoHo and featuring approximately 22 million square feet of retail, restaurant, office, and residential space could come online just south of the property.
  1. Listed by Roderick 'Rick' Raymundo • DRE #01357019 • Brokerage DRE #01238010 • Marcus & Millichap

Property Details for 6727 Camellia Avenue

Zoning
LARD1.5
Parcel Number
2320016017
Total Units
3.0
Living Area
1850
Source Living Area
Vendor Enhanced
Area
North Hollywood (NHO)
Vacancy Rate
0
Lot Size Area
6546
LISTING UPDATED: 12/03/2024 12:01 AM

Property Details for 6727 Camellia Avenue

StatusActive
MLS #24-467069
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.15 AC / 6,546 SF
CountyLos Angeles County

Building Information for 6727 Camellia Avenue

Stories1Residences-Year Built1956Building Size-Lot Size0.15 AC / 6,546 SF

Property Information for 6727 Camellia Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Residential
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $58,372
  • Net Operating Income: $33,411.00
  • Gross Income: $59,064
  • Gross Rent Multiplier: $17.46
  • Total Annual Expense: 24961
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.155
  • Lot Size Square Feet: 6546
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 0
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-25-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,434.00
  • Unit Actual Rent: $2,868.00
  • Unit Projected Rent: $3,950.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,054.00
  • Unit Actual Rent: $2,054.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $32,248.00
  • Assessed Improvement Percent: 50.18
  • Assessed Land Value: $32,018.00
  • Assessed Land Percent: 49.82
  • Assessed Total Value: $64,266.00

Property History for 6727 Camellia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6727 Camellia Avenue

Taxable ValueLand$32,658Additions$33,252Total$65,910
Tax Record2024$1,271 ($106 / month)
Home Facts
Total Finished SqFt1,850 SqFtAbove Grade Finished SqFt1,850 SqFtLot Size6,750 SqFtStyleTriplexYear Built1956ZoningLARD2CountyLOS ANGELESAPN2320-016-017

Schools near 6727 Camellia Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Fair Avenue Elementary School
PublicK to 5

Roy Romer Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

ISANA Cardinal Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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6727 Camellia Avenue is a multi-family home for sale in North Hollywood, CA 91606. This property was listed for sale on November 25, 2024 by Marcus & Millichap, it's currently listed at $1,050,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Fair Avenue Elementary School, Roy Romer Middle School and North Hollywood Senior High School. 6727 Camellia Avenue is a 4-bed, 3-bath, 1,850 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Roderick 'Rick' Raymundo, DRE #01357019

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.