$1,585,000
$100K PRICE DROP

7107 Coldwater Canyon Ave Los Angeles, CA 91605

Valley Glen Neighborhood

Estimated payment $10,221/month

Total Views 2,398
3 Beds
2 Baths
4,504 Sq Ft
$352 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Quartz Countertops
  • Double Pane Windows
  • Ulysses S. Grant Senior High School Rated A-
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

PRICE IMPROVEMENT! Rare Investment Opportunity On Coldwater Canyon Avenue—Strong Income with Expansion Upside.
Unlock the full potential of this 6-unit multi-family property. With four renovated units already commanding top market rents, this income-generating gem is an ideal acquisition for both seasoned investors and first-time multifamily buyers who are looking to transition from SFR rentals. The unit mix of four 2 bed/1 bath and two 1 bed/1bath is ideal with each unit having 1 covered parking space. All units have separate gas and electricity meters. Strategically positioned just west of the CA 170 freeway, this property benefits from exceptional connectivity to major employment hubs, high visibility, and as a result consistently enjoys strong tenant demand. Most importantly, there is value-add potential with the possibility of adding 1-2 new units as the adjacent owner is already doing (confirm with the city), bringing 2 two bedrooms units to market rent after tenant turnover, plus the opportunity to double the parking, and thereby maximize cash flow by leasing extra parking spaces, & renting out storage closets. Whether you’re scaling a growing portfolio or stepping for the first time into multi-family ownership , this well-maintained, high-demand asset is an opportunity that shouldn’t be missed. Property sales along the Coldwater Canyon corridor are few and far between. Contact the listing agent for Offering Memorandum, also attached.

Listing Agent

Jose Pascual

Escala Realty Group Brokerage Phone: 805-587-1983 License #01365963 Listed on: 05/24/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 6,912 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Block Wall Fence
  • Chain Link Fence
  • Density is 6-10 Units/Acre

Home Design

  • Contemporary Architecture
  • Apartment
  • Raised Foundation
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 4,504 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Quartz Countertops

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 20721
  • Assessor Parcel Number 2327018066
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Electric Expense $3,515
  • Gardener Expense $2,840
  • Insurance Expense $5,601
  • Maintenance Expense $3,000
  • Other Expense $2,754
  • Trash Expense $3,741
  • Water Sewer Expense $6,000
  • New Taxes Expense $21,062
  • Operating Expense $46,399
  • Gross Income $122,808
  • Net Operating Income $99,232

Property Details

Home Type

Multi-Family

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.08
  • Price Per Unit: 264167
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 6000.00
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2840.00
  • Parcel Number: 2327018066
  • Year Built: 1958
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, Quartz Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 351.91
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Range Hood
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3741.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6912.00
  • Lot Size Acres: 0.1587

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 3515.00
  • Gross Income: 122808.00
  • Gross Multiplier: 12.90
  • Gross Operating Income: 120352.00
  • Gross Scheduled Income: 122808.00
  • Insurance Expense: 5601.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6912.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 99232.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number Wall A C: 6
  • Operating Expense: 25246.00
  • Other Expense: 2754.00
  • Other Expense Description: GAS
  • Rent Control: Yes
  • Total Actual Rent: 10234.00
  • Total Expenses: 46399.00
  • Vacancy Allowance: 2456
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 21062.00
  • Tax Census Tract: 1234.20
  • Tax Lot: 12
  • Tax Tract Number: 20721

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $1,585,000 -5.9% $352 / Sq Ft
05/24/2025 05/24/25 For Sale $1,685,000 -- $374 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Similar Homes in the area

  • 936 S Lucerne Blvd, Los Angeles, CA 90019

    $1,150,000

    • 2 Beds
    • 2 Baths
    • 1,876 Sq Ft
    • 936 S Lucerne Blvd
    • Los Angeles, CA

    SELLER IS FIRM ON PRICE: Located in the desirable Windsor Village/Hancock Park neighborhood which is renowned for its rich history and architectural charm, making this prime location! ~This Spanish-Style Duplex on a beautiful Tree-Lined Street, offers a fantastic opportunity for owner-users and investors alike ~ Zoned R2-HPOZ ~The property features two side-by-side identical units, each with 1-

    Linda Roth Burrell Keller Williams Larchmont

    Section Image
  • 576 W 13th St, San Pedro, CA 90731

    $1,450,000

    • 2 Beds
    • 1 Bath
    • 4,664 Sq Ft
    • 576 W 13th St
    • San Pedro, CA

    Step into a rare opportunity to invest in the vibrant community of San Pedro with this well-maintained 6-unit apartment building at 576 W 13th St. Each unit offers efficiently designed two-bedroom, one-bath layouts, providing a balance of comfort and functionality. The property features tuck-under parking and has recently completed a soft-story retrofit, enhancing structural safety and ensuring

    L'mar Kojani Keller Williams Los Angeles

    Section Image
  • 14642 Vanowen St, Van Nuys, CA 91405

    $1,275,000

    • 1 Bed
    • 1 Bath
    • 4,032 Sq Ft
    • 14642 Vanowen St
    • Van Nuys, CA

    This property consists of 6 units located on two parcels. All units are one-bedroom, one-bathroom cottage/apartments featuring a small dining area. The cottages include attached one-car garages and hookups for washers and dryers. There is a potential for over a 40% increase in rental income, making these units highly desirable due to their style and location. The property requires low maintenance

    Kifah Azzuz MB Real Estate

    Section Image
  • 5238 Hermitage Ave, Valley Village, CA 91607

    $1,500,000

    • 1 Bed
    • 1,885 Sq Ft
    • 5238 Hermitage Ave
    • Valley Village, CA

    Outstanding Investment OPPORTUNITY!! 5238 Hermitage is a Multi-Family Triplex located in the highly desirable Valley Village Community. The property consists of (3) one bedroom, one bath units, each having use of a detached (3) car garage. This quaint property was built in 1951 and has a lot size of approximately 8,197 square feet with a total rentable space of 1,885. The site is level and the

    Melissa Rose MELISSA KAYE ROSE, BROKER

    Section Image
  • 11710 Hartsook St, Valley Village, CA 91607

    $1,190,000

    • 2 Beds
    • 2 Baths
    • 1,325 Sq Ft
    • 11710 Hartsook St
    • Valley Village, CA

    Attention Agents, Developers, and Investors:Presenting a newly remodeled duplex in the desirable Valley Village area. This charming property features 2 bedrooms, 2 bathrooms, and a thoughtfully designed office space. Recent upgrades include a brand-new roof and refreshed landscaping.Ideally located on a tranquil residential street, the property is surrounded by ongoing development, adding to its

    Melissa Zee Keller Williams Beverly Hills

    Section Image
  • 14830 Parthenia St, Panorama City, CA 91402

    $1,610,000

    • 1 Bed
    • 1 Bath
    • 4,724 Sq Ft
    • 14830 Parthenia St
    • Panorama City, CA

    Owner retiring priced to sell. Owner might carry financing with min of 25% to 30% down 3- to 5 years interest only at amazing rate Excellent to add one or two ADU and still have lots of parking.This 4,724 sq. ft. multifamily apartment building offers a compelling investment opportunity in the heart of Panorama City. Built in 1976,the property comprises 9 one-bedroom, one-bathroom

    Arthur Mangassarian Re/Max Tri-City Realty

    Section Image
  • 5335 Harmony Ave, Los Angeles, CA 91601

    $1,395,000

    • 1 Bed
    • 2 Baths
    • 2,297 Sq Ft
    • 5335 Harmony Ave
    • Los Angeles, CA

    We are proud to represent this 8 unit property in North Hollywood. The property was constructed in 1955. Its unit mix consists of (4) studio units and (4) 1+1 units. With a lot size of 7,514 square feet, the property has a total of 2,297 rentable square feet. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding

    Cindy Hill Equity Union

    Section Image
  • 10714 Sutter Ave, Pacoima, CA 91331

    $1,295,000

    • 2 Beds
    • 1 Bath
    • 4,960 Sq Ft
    • 10714 Sutter Ave
    • Pacoima, CA

    Located in the heart of Pacoima, 10714 Sutter Avenue is a well-positioned 8-unit apartment complex offering a strong value-add opportunity for investors. Built in 1961, the property consists entirely of (8) two-bedroom, one-bathroom units, totaling approximately +/-4,960 square feet of rentable space on a +/-7,102 square foot lot. The building is subject to Los Angeles' Rent Stabilization

    Casey Picard Keller Williams Realty

    Section Image
  • 2951 Park Center Dr, Los Angeles, CA 90068

    $1,150,000

    • 2 Beds
    • 2 Baths
    • 1,383 Sq Ft
    • 2951 Park Center Dr
    • Los Angeles, CA

    2951 Park Center Dr is a rare Hollywood Hills duplex hitting the market for the first time in 20 years. Ideally located near Laurel Canyon, the Hollywood Bowl, Universal Studios, and top dining and entertainment, this two-story property offers a VACANT 2BD/2BA upper unit and a 1BD/1BA lower unit perfect for an owner-user or investor. The 2,855 SF lot includes a garage with ADU potential,

    Nathan Shaolian Kidder Mathews of California, Inc.

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25115726

California Regional Multiple Listing Service (CRMLS)