6828 Morella Ave, North Hollywood, CA 91605
Image 2 for 6828 Morella Ave, North Hollywood, CA 91605
Image 3 for 6828 Morella Ave, North Hollywood, CA 91605
View Photos

6828 Morella Ave North Hollywood, CA 91605

$895,000
  • 6 Beds
  • 5 Baths
  • 3,108 Sq.Ft.
Pending
$895,000 Get Pre-Qualified

Map preview of 6828 Morella Ave, North Hollywood, CA 91605

Property Overview: 6828 Morella Ave North Hollywood, CA has 6 bedrooms, 5 bathrooms, 3,108 living square feet and 7,904 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 6828 Morella Ave in North Hollywood is Located just north of Vanowen Street between Lankershim and Laurel Canyon Blvd in North Hollywood. This great value adds opportunity in a redeveloping area of North Hollywood. This (5) Five Unit Apartment Building is comprised of a (1) Two Bedroom and (1) One Bath Single Family House and (4) Four (1) One Bedroom and (1) One Bath Units. The property has a tremendous rental upside. Additionally, the property is individually metered for gas and electricity. This central North Hollywood location is adjacent to Studio City, Burbank, and Toluca Lake and in close proximity to the Metro B Line (Red) North Hollywood station.

Listed by James Antonucci | BRE #01822661 | Keller Williams Realty-Studio City
Co-listed by Michael Pesci | BRE #01274379 | Keller Williams Studio City
Last checked: 11 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 70
Get a $3,356 Cash Reward New

Buy this home with Ardent Real Estate Group and get $3,356 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,904
HOA Dues
$0/mo
Year built
1938
Garage
7 Car
Property Type:
Apartment
Status
Pending
MLS#
SR24026743
City
North Hollywood
County
Los Angeles
Time on Site
77 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,772
  • Total Rent: $3,772
  • Pro Forma/Market Rent: $6,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,431
  • Total Rent: $1,431
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.17%
  • Gross Rent Multiplier: 14.06
  • Gross Scheduled Income: $63,636
  • Net Operating Income: $37,291
  • Gross Operating Income: $61,727
  • Vacancy Allowance: $1,909
  • Laundry Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: $24,436
  • Electric: $777
  • Gas/Fuel: $777
  • Trash: $0
  • Gardener: $1,500
  • Insurance: $2,331
  • Maintenance: $11,875
  • Professional Management: $0
  • Water/Sewer: $777

Open Houses for 6828 Morella Ave

No upcoming open houses

Schedule Tour
Loading...

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 6828 Morella Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 2321019016
  • Year Built Source: Other
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Laurel Canyon Blvd and Lankershim Blvd just North of Vanowen Street
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local North Hollywood Agent

Loading...

Sale History for 6828 Morella Ave

Last sold for $830,000 on May 1st, 2017
  • April, 2024

  • Apr 16, 2024

    Date

    Pending

    CRMLS: SR24026743

    $895,000

    Price

  • Feb 6, 2024

    Date

    Active

    CRMLS: SR24026743

    $949,000

    Price

  • October, 2023

  • Oct 1, 2023

    Date

    Expired

    CRMLS: SR23120670

    $1,150,000

    Price

  • Jul 6, 2023

    Date

    Active

    CRMLS: SR23120670

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    7,901 Lot sq ft. The 5-unit mix consists of (1) 2bd/1bth units, (4) 1bd/1bth units, 3,108 Bldg Sq Ft per assessor records, separately metered for tenant paid electric and gas. The building also offers newer exterior paint recently repair/maintained deck and stair, maintained roof and installed right fence, driveway parking spaces, This central North Hollywood location is adjacent to Studio City, Burbank, and Toluca Lake and in close proximity to the Metro B Line (Red) North Hollywood station and just minutes from the 170 and 101 freeways providing short easy access to Hollywood, Downtown LA, Pasadena surrounded by the studios and entertainment industry, Burbank airport, Universal Studios, as well as the North Hollywood Arts District and West shopping center.

  • May, 2023

  • May 1, 2023

    Date

    Expired

    CRMLS: SR22215091

    $1,149,000

    Price

  • Oct 4, 2022

    Date

    Active

    CRMLS: SR22215091

    $1,149,000

    Price

  • Listing provided courtesy of CRMLS

    6828 Morella Ave in North Hollywood is Located just north of Vanowen Street between Lankershim and Laurel Canyon Blvd in North Hollywood. This great value adds opportunity in a redeveloping area of North Hollywood. This (5) Five Unit Apartment Building is comprised of a (1) Two Bedroom and (1) One Bath Single Family House and (4) Four (1) One Bedroom and (1) One Bath Units. The property has a tremendous rental upside. Additionally, the property is individually metered for gas and electricity.

  • September, 2022

  • Sep 15, 2022

    Date

    Canceled

    CRMLS: SR22076011

    $1,050,000

    Price

  • Apr 14, 2022

    Date

    Active

    CRMLS: SR22076011

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

    6828 Morella Ave in North Hollywood is Located just north of Vanowen Street between Lankershim and Laurel Canyon Blvd in North Hollywood. This great value add opportunity is situated in a redeveloping area of North Hollywood. This (5) Five Unit Apartment Building is comprised of a (2) Two Bedroom and (1) One Bath Single Family House and (4) Four (1) One Bedroom and (1) One Bath Units. The property has tremendous rental upside. Additionally, the property is individually metered for gas and electricity.

  • May, 2017

  • May 1, 2017

    Date

    Sold (Public Records)

    Public Records

    $830,000

    Price

Show More

Tax History for 6828 Morella Ave

Assessed Value (2020): $883,577
Year Land Value Improved Value Assessed Value
2020 $530,604 $352,973 $883,577

Home Value Compared to the Market

This property vs the competition

6828 Morella Ave is listed 3.24% lower than the median list price for the city of North Hollywood which has a median list price of $925,000. The median price per/sqft for North Hollywood is $584 and this home is listed at $287.97 per/sqft which puts the price per square foot 50.69% lower than the median price per square foot for the city of North Hollywood.

About 6828 Morella Ave

Detailed summary of property

6828 Morella Ave is a apartment located in North Hollywood, CA 91605 and is currently in escrow to be sold. This apartment offers 6 bedrooms, 5 bathrooms, roughly 3,108 living square feet, and sits on an approximately 7,904 square foot lot. 6828 Morella Ave was first listed on ArdentRealEstateGroup.com on February 6, 2024. The homeowner is currently asking $895,000 and was originally asking $949,000. The median priced home in North Hollywood is $925,000 with a median price per square foot of $584. Based on Ardent Real Estate Group's North Hollywood Market Data, this home is listed 3.24% lower than the median priced home. Local competing homes currently for sale include 2049 S Burnside Ave, 1936 S West View St and 2419 S Palm Grove Ave. While the average home in North Hollywood, CA is selling in 89 days, 6828 Morella Ave has a days on market of 70 days. There are currently 128 homes for sale in the North Hollywood real estate market and 100 of them are single family homes while 22 of them are condos and 6 are townhomes. For more information on this home for sale at 6828 Morella Ave North Hollywood, CA 91605 contact Ardent Real Estate Group and we will put you in touch with one of our North Hollywood agents.

Public Facts for 6828 Morella Ave

Public county record property details
Beds
6
Baths
5
Year built
1938
Sq. Ft.
3,108
Lot Size
7,901
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
108
APN
2321-019-016

The source for these homes facts are from public records.

91605 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$808,000
Median List Price/Sq.Ft.
$534
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$491
Total Inventory
45
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (33.33%), FHA (16.67%), VA (0%), Cash (25%), Other (16.67%)

Tour This Home


Buy with Ardent Real Estate Group and save $3,356.

Image Description
Contact Jon
North Hollywood Agent

Call, Text or Message
Get a $3,356 Cash Reward New

Buy this home with Ardent Real Estate Group and get $3,356 back.

Call/Text (714) 706-1823

Related Resources to 6828 Morella Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.