6926 Morella Avenue, Property Listing: MLS® #MB24069695

THIS IS THE ONE 5 UNITS-FULLY STABILIZED: 6926 Morella Ave - Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2021. Consisting of three buildings, this modern complex offers unparalleled amenities and convenience for tenants. Every unit boasts the pinnacle of comfort with central air conditioning and heating, ensuring year-round comfort. The inclusion of inside laundry facilities, along with essential appliances such as refrigerators, stoves, and dishwashers, enhances the living experience for residents. Additionally, there is plenty of parking for all units with a combination of attached 1 car garages and surface parking lot spaces. Each unit offers a generous layout with a combination of four- & three-bedroom units, accommodating various tenant needs and preferences. Whether it's families seeking spacious living or professionals desiring roomy accommodations, these units cater to a diverse range of renters. With its modern amenities, thoughtful design, and full occupancy, this investment property presents a compelling opportunity for investors looking to capitalize on a thriving rental market at a true 6.47 cap rate. Don't miss out on the chance to secure a lucrative investment in the ultra-hot NOHO neighborhood. Make this property your 1031 exchange transaction.

6926 Morella Avenue, Property Listing: MLS® #MB24069695 Close
Page Summary
NEW
  • MLS® #: MB24069695
  • 6926 Morella Avenue
  • , CA 91605
  • $3,189,000
  • 0.18 Acres
  • Office: Century 21 Realty Masters

THIS IS THE ONE 5 UNITS-FULLY STABILIZED: 6926 Morella Ave - Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2021. Consisting of three buildings, this modern complex offers unparalleled amenities and convenience for tenants. Every unit boasts the pinnacle of comfort with central air conditioning and heating, ensuring year-round comfort. The inclusion of inside laundry facilities, along with essential appliances such as refrigerators, stoves, and dishwashers, enhances the living experience for residents. Additionally, there is plenty of parking for all units with a combination of attached 1 car garages and surface parking lot spaces. Each unit offers a generous layout with a combination of four- & three-bedroom units, accommodating various tenant needs and preferences. Whether it's families seeking spacious living or professionals desiring roomy accommodations, these units cater to a diverse range of renters. With its modern amenities, thoughtful design, and full occupancy, this investment property presents a compelling opportunity for investors looking to capitalize on a thriving rental market at a true 6.47 cap rate. Don't miss out on the chance to secure a lucrative investment in the ultra-hot NOHO neighborhood. Make this property your 1031 exchange transaction.

Supplemental Remarks

Essential Information

  • MLS® #MB24069695
  • Listing Price$3,189,000
  • Original Listing Price$3,189,000
  • Date ListedApril 8th, 2024
  • Days on Market1
  • Bathrooms0.00
  • Acres0.18
  • Lot Sq.Ft.7,904
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$30

Community Information

  • Address6926 Morella Avenue
  • AreaNORTH HOLLYWOOD (91605)
  • CountyLos Angeles
  • StateCA
  • Zip Code91605

Amenities

  • PoolN/K

Interior

  • # of Stories1

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on May 17th, 2024 at 12:10pm PDT.