6308 Coldwater Canyon Ave is a Valley Glen multifamily investment property in a consistently high-demand rental market. This well-maintained apartment building features a desirable unit mix that appeals to a wide range of tenants seeking convenient Valley living.
Valley Glen Multifamily Investment Property Unit Mix
The property features a desirable unit mix of four (4) 1-bed/1-bath units and two (2) 2-bed/1-bath units. This mix appeals to a wide range of tenants seeking convenient Valley living. In addition, the functional layout and unit configuration provide solid in-place income with potential for future upside through rental growth or interior upgrades.
On-Site Parking and Laundry Amenities
The property offers essential amenities that support long-term tenant retention, including on-site parking and on-site laundry. Additionally, individual gas and electric metering allows for reduced owner expenses and operational efficiency.
NoHo Arts District and Nearby Dining
Ideally situated just minutes from the NoHo Arts District, tenants enjoy close proximity to dining, entertainment, and nightlife. As a result, the property appeals to tenants seeking a walkable, amenity-rich lifestyle.
Freeway Access and Local Demand Drivers
Tenants benefit from quick access to CA-170 and CA-101 freeways for easy commuting throughout Los Angeles. In addition, the location is further enhanced by nearby demand drivers such as Los Angeles Valley College, the Van Nuys Courthouse, and an abundance of shopping, public transit, and neighborhood services.
Why This Valley Glen Multifamily Investment Property Works
Overall, this Valley Glen asset offers investors a compelling blend of location, unit mix, and fundamentals in one of the San Fernando Valley's most resilient rental submarkets.
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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
6 Units
5,999 SF/Lot
LAR3 Zoning
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