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Back 6819 Laurel Canyon Boulevard
Off Market

6819 Laurel Canyon Boulevard

Los Angeles CA 91605

35
36
37
17466 sq. ft.
14555 sq. ft.
Other
Last sold for $3,820,000
Kenny StevensKenny Stevens, last sold this property on 09 June 2025 after 96 days on market.

Overview

Located in the heart of North Hollywood, 6819 Laurel Canyon Blvd. presents a rare 20-unit investment opportunity with significant rental upside and no local rent control restrictions. Built in 1982, this courtyard-style complex allows for annual rental increases of 5% + CPI (currently 8.9%). Offered at $225,000 per unit and $258 per square foot, the property is priced as a high-potential value-add investment. With 60% rental upside, investors can achieve a stabilized 9.45% CAP rate and a 7.78 GRM, based on market-rate renovated units in the area. The unit mix consists of (16) two-bedroom, two-bath units, (3) one-bedroom units, and (1) studio. Beyond the strong in-place income and rental upside, 6819 Laurel Canyon sits on a large 14,555 SF lot, offering the opportunity to add ADUs for even greater cash flow potential (buyer to verify). The property also features subterranean parking for approx. 37 vehicles, a new roof, and a new water heater, minimizing future capital expenditures. Situated just north of Vanowen St. and 2.5 miles from the NoHo Arts District, the property is positioned in one of the most dynamic and evolving submarkets in LA. North Hollywood has seen an influx of investment, including the transformative 15-acre NoHo Metro Station redevelopment, adding 1,500 new residential units, office space, retail, and hospitality, further elevating the area's desirability and rental demand.

Features

35 bedrooms
36 bathrooms
37 carspaces
17466 sq. ft. floor area
14555 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 35 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 6819 Laurel Canyon Boulevard

2025
Sold
$3,820,000
09 Jun 2025 by Kenny Stevens, of Compass

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 35 bedroom other properties in Los Angeles

Nearby agents

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