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6054 Farmdale Ave
For Sale $1,100,000 ($230.66 per Sq Ft)
$1,100,000 ($230.66 per Sq Ft)
- 6 Units
- 4,769 Sq Ft
- 7,443 Sq Ft
- Unknown Cap Rate
Description
6054 Farmdale Avenue offers an opportunity to acquire a well-located six-unit apartment building in North Hollywood, one of the San Fernando Valley's most active rental submarkets. The property consists of a unit mix of two one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units, catering to strong and consistent tenant demand in the area. The property presents a compelling value-add opportunity with approximately 46% upside in rents. The asset is located close to the NoHo West development, further enhancing tenant demand and long-term rental growth prospects. Located just minutes from major employment centers, retail corridors, and transit access, 6054 Farmdale Avenue benefits from North Hollywood's continued growth and renter appeal. This is an ideal opportunity for investors seeking hands-on value creation with long-term upside.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,100,000 |
| Property Type | Multi-Family |
| Usable Sqft | 4,769 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1957 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2338001001 |
| MLS # | 26654679 |
| Property ID | 322612277 |
| Lot Sqft | 7,443 |
| Zoning | LAR3 |
| Total Units | 6 |
| Days on Market | 18 |
| Original List Price | $1,100,000 |
| Date Updated | February 28, 2026 |
| Date Created | February 20, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.00 | $1,214 | $3,700 |
| Unit #2 | 2 | 1.00 | $1,496 | $8,600 |
| Gross Income (Yr) | $ 96,654 |
| Operating Expenses | $ 52,111 |
| Net Income (Yr) | $ 44,543 |
Listing Provided By
Adam Feldman an agent of . Lic #02090792
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Robert Crawford
REAL ESTATE AGENT