PRICE IMPROVEMENT! Rare Investment Opportunity On Coldwater Canyon Avenue—Strong Income with Expansion Upside.
Unlock the full potential of this 6-unit multi-family property. With four renovated units already commanding top market rents, this income-generating gem is an ideal acquisition for both seasoned investors and first-time multifamily buyers who are looking to transition from SFR rentals. The unit mix of four 2 bed/1 bath and two 1 bed/1bath is ideal with each unit having 1 covered parking space. All units have separate gas and electricity meters. Strategically positioned just west of the CA 170 freeway, this property benefits from exceptional connectivity to major employment hubs, high visibility, and as a result consistently enjoys strong tenant demand. Most importantly, there is value-add potential with the possibility of adding 1-2 new units as the adjacent owner is already doing (confirm with the city), bringing 2 two bedrooms units to market rent after tenant turnover, plus the opportunity to double the parking, and thereby maximize cash flow by leasing extra parking spaces, & renting out storage closets. Whether you’re scaling a growing portfolio or stepping for the first time into multi-family ownership , this well-maintained, high-demand asset is an opportunity that shouldn’t be missed. Property sales along the Coldwater Canyon corridor are few and far between. Contact the listing agent for Offering Memorandum, also attached.
For sale
Listing Provided by:
Jose Pascual III DRE #01365963 805-587-1983,
Escala Realty Group
Price cut: $100K (7/23)
$1,585,000
7107 Coldwater Canyon Ave, North Hollywood, CA 91605
10beds
6baths
4,504sqft
Est.:
Multi Family
Built in 1958
-- sqft lot
$-- Zestimate®
$352/sqft
$-- HOA
What's special
Covered parking spaceRenovated units
- 75 days
- on Zillow |
- 135 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 04:12pm
Listing Provided by:
Jose Pascual III DRE #01365963 805-587-1983,
Escala Realty Group
Source: CRMLS,MLS#: SR25115726
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Oven, Gas Range, Range Hood
- Laundry: Common Area
Features
- Quartz Counters
- Flooring: Laminate, Tile, Vinyl
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,504
- Total interior livable area: 4,504 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport
- Carport spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Block,Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 6,912 Square Feet
- Features: 6-10 Units/Acre
Details
- Parcel number: 2327018066
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Unknown, Copper Plumbing
- Foundation: Raised
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1958
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Urban, Valley
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: North Hollywood
Financial & listing details
- Price per square foot: $352/sqft
- Date on market: 5/24/2025
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 10234
- Tenant pays: Cable TV, Electricity, Gas
- Loading
- Loading