
7107 Coldwater Canyon Ave Los Angeles, CA 91605
Valley Glen NeighborhoodEstimated payment $10,221/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25115726

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