6054 Farmdale Avenue

Prime North Hollywood Location: Situated in the heart of North Hollywood, offering excellent access to entertainment, dining, shopping, and transit in one of LA’s most vibrant and up-and-coming neighborhoods.
Minutes from NoHo West: Just minutes from NoHo West, the area’s premier mixed-use destination featuring retail, restaurants, entertainment, and residential—driving strong tenant demand and rental growth potential.
Built in 1957: Classic mid-century construction with timeless charm and solid bones, providing a stable foundation for value-add improvements or repositioning.
Unit Mix: (2) 1-bedroom / 1-bath units + (4) 2-bedroom / 1-bath units — a balanced, renter-friendly configuration appealing to young professionals, small families, and long-term residents.
46% Rental Upside: Significant value-add opportunity with in-place rents 46% below current market rates, allowing for substantial NOI growth through strategic rent optimization upon turnover or renovations.
Residential Neighborhood Setting: Quiet, residential neighborhood location offering tenants a peaceful living environment while still providing convenient proximity to NoHo’s urban amenities and job centers.

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