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6242 Vineland Avenue North Hollywood, CA $ 5,195,000
6242 Vineland Avenue
$ 5,195,000
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6242 Vineland Avenue

North Hollywood, CA, 91606
$ 5,195,000
Baths2.0 Sq 14,352

Monthly Estimate*

$ 32,410

Listed by Ed Koenig IRE
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Studio

Multi-Family Home for sale in North Hollywood, CA

for $5,195,000 with 2 full baths. This 14,352 square foot home was built in 1989 on a lot size of 0.3044.

VINELAND 19: This investment property, constructed in 1989 and exempt from LA City rent control, is presented at a 5.5 CAP rate and a 11.82 GRM, with potential for increased returns. Situated in the rapidly developing southeast region of North Hollywood, it offers convenient access to NoHo, NoHo West, Burbank, Studio City, Hollywood, DTLA, as well as nearby shopping, dining, and entertainment venues. The Transit Oriented Community (TOC) Tier 3 designation provides tenants with easy access to public transportation. This well-maintained asset represents a valuable addition to any portfolio, with recent upgrades including a new roof installed in 2022. PLEASE NOTE: All one-bedroom units are spacious singles with a partition wall converting them into a traditional spacious one-bedroom layouts. Unit Mix 2 bachelor units (affordable), 14 Singles, 3 two bedroom and two baths. Other Highlights: Gated & access controlled property, combination of open & covered parking, central heat, room refrigerated air, In-house laundry (landlord owned and generating income).

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Multi-Family Active

Price

$ 5,195,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3044

Year Built

1989

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

SR25185222

Days on Market

126

Features
General
Sewer Public Sewer
Heating Central
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Zoning LARD1.5
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1989
Tenant Pays Electricity Gas
Levels Three Or More
Property Subtype Apartment
Gross Income 439644
Community Features Sidewalks
County Los Angeles
Net Operating Income 284976
Operating Expense 161268
Insurance Expense 11500
New Construction 0
Property Type Residential Income
HOA 0
MaintenanceExpense 5000
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions South of Victory Blvd. and West of Cahuenga
City North Hollywood
Entry Location 1
Senior Community Y/N 0
Number Of Units Total 19
MLS Area NHO - North Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 13258
Carport Y/N 1
Number of Units Leased 17
Listing Terms Cash Cash to New Loan Submit
Spa Features None
Property Attached Y/N 1
Land Lease Y/N 0
Fuel Expense 3675
Trash Expense 8578
Water Sewer Expense 18237
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 101
Total Actual Rent 31887
Property Sub Type Additional Apartment
Cap Rate 5.5
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Interior
Fireplace Features None
Total Stories 3
Common Walls 2+ Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 0
Laundry Features Common Area
Entry Level 3
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Exterior
Parking Features Assigned Carport On Site Uncovered
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 13258
Number of Buildings 1
Spa 0
Building Area Total 14352
Lot Size Acres 0.3044
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 19
Number of Separate Electric Meters 19
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* Excluded Features
List By
Ed Koenig Ire

Broker

ed@edkoenig.com

Email

Affordability Calculator

$32,410
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,410
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$5,195,000 Listed Price

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6242 Vineland Avenue, North Hollywood, CA, 91606 is a Multi-Family Home for sale at $5,195,000 with 14,352 sqft and a lot size of 0.3044. 6242 Vineland Avenue is a studio with 2.0 baths and was built in 1989. The property's zip code is 91606 which is in North Hollywood, CA