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 12.10 GRM, with potential for increased returns. Situated in the rapidly developing southeast region of North Hollywood, it offers convenient access to NoHo, Burbank, and Studio City, 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: Secure parking, central heat, room refrigerated air, In-house laundry (landlord owned).
MLS #
CRSR25185222
MLS Source
California Regional MLS
Days on Site
4
Cooling
Window/Wall Unit
Heating
Central Forced Air
Garage/Parking
Assigned Spaces, Carport, Common Parking Area, Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Edgar Koenig
Ed Koenig IRE
License #: 00831815
Phone: –
Co-Listing Agent
Verzhine Gina Uzunyan
License #: 00984953
Phone: (818) 521-8088
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 17 | – |
6242 Vineland Ave is a Residential Income in North Hollywood, CA 91606. This – square foot property sits on a 13,258 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,400,000 and was built in 1989.
This address can also be written as 6242 Vineland Ave, North Hollywood, CA 91606.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 17, 2025. For the most current information, please contact Edgar Koenig