For Sale

Listed by Akash Saini from Keller Williams Realty-Studio City

Source: San Diego MLS #SR26231148

6727 Camellia Avenue, Los Angeles, CA, 91606

$999,000

3
2
6750 sq. ft.

MultiFam

•

30+ days on the market

What's around 6727 Camellia Avenue

About this property

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. Together, the two contiguous parcels create approximately 13,500 SF of landnearly one-third of an acrewith block-to-block frontage from Beck Avenue to Camellia 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.

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