6320 N. Beck Avenue is a recently constructed 12-unit apartment building. The property is located off Victory Blvd in the desirable neighborhood of North Hollywood. The building consists of all two-bedroom / two-bathroom units which average approximately 1,059 sq. ft. each. The property is being marketed with very attractive assumable financing. The asset is not currently subject to Los Angeles Rent Stabilization or Statewide Rent Control due to year built. Key features include modern finishes (granite countertops, porcelain tiles, shaker cabinets, wood plank floors), stainless steel appliances and washer and dryers in each unit. Each unit is individually metered for gas and electric and the building is master metered for water. Tenants benefit from tankless water heaters that can be found on each unit's balcony. The property has 24 parking spaces with secure controlled entry. In addition, the building offers security entry with intercom network. 6320 N Beck Avenue is conveniently located ner shopping, dining, and public transportation. The building lies just over a mile from the Red Line and provides easy access to the 170, 5, and 101 freeways. The property is situated in proximity to the NOHO Arts District, Burbank Airport, University City, Victory-Vineland Recreation Center, Valley Plaza Park and North Hollywood Park.

Jack Baboudjian represented the Buyer in this transaction.