Investment Opportunity: Three Separate Homes on One Lot in North Hollywood
Rare chance to own three separate homes on one lot, each with its own address and private yard. Main house has been updated and currently rented for $3,800/month. Second unit is a modern 2-bed, 2-bath generating $2,800/month. Third unit is a charming 1-bed, 1-bath with its own driveway and porch bringing in $1,800/month. Well-maintained property with impressive rental income and ideal for multi-generational living.
- Price
- $1,399,000
- Bed
- 6
- Bath
- 4
- Sq ft
- 2,324
6410 Goodland Ave North Hollywood, CA 91606
Listing Courtesy Of: Coldwell Banker Hallmark, Dijamco, Kevin, 01472137
MLS #: GD25048209IT
Property Type: Single Family
Year Built: 1947
Status: Active
City: North Hollywood
Days on Market: 9
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
Roofing
- Shingle
Cooling
- Central
Heating
- Central
Fireplace
- None
Laundry
- Dryer
- Dryer Included
- Gas Dryer Hookup
- In Closet
- Inside
- Laundry Closet Stacked
- Other
- Stackable W/D Hookup
- Washer
- Washer Hookup
- Washer Included
What's Special About This Home
Welcome to this unique property in North Hollywood offering a rare investment opportunity.
This single family property features three separate homes on one lot, perfect for investors or owner-occupants looking for additional rental income.
Each unit has its own address and is individually metered, providing privacy and convenience.
The main house, built in 1947 and boasting 936 square feet, has been updated with new flooring and offers 3 bedrooms and 1 bath.
Currently rented for $3,800/month, this home is a great source of steady income.
The second unit, built in 2018 and spanning 830 square feet, is a modern 2-bed, 2-bath home generating $2,800/month in rental income.
The third unit is a charming 1-bed, 1-bath ADU with its own driveway and spacious porch, bringing in an additional $1,800/month.
Altogether, this well-maintained property brings in an impressive $8,400/month in rental income, delivering a strong 5.57% CAP rate - an incredible opportunity for investors seeking solid returns.
With a new roof and great condition, this property is also ideal for multi-generational living.
Located near schools, parks, and shopping, this Valley Glen gem is not to be missed.
