6853 AGNES AVE North Hollywood, CA 91605

6853 and 6928 Agnes Avenue provide investors a great opportunity to acquire ownership of two separate 6-unit buildings located in a strong rental pocket of North Hollywood. Built in 2000 and 2004 the subject properties fall under statewide rent control which allows for 5% + CPI rental increases annually. Both properties have 30% upside in rental income. 6928 Agnes Avenue has had a vacant, non-conforming unit become a legal and conforming unit. 6853 Agnes Avenue currently has a non-conforming unit vacant which a new owner can covert to a legal and conforming unit. Both properties feature strong unit mixes, with open parking areas and laundry rooms. Must be purchased as a portfolio with 6928 Agnes Avenue, not available individually. This property has 1 vacant non-conforming 2-bedroom, 1-bathroom unit.