6651 Beck Avenue, Hollywood, California 91606, Hollywood, 91606 - bed, bath

6651 Beck Avenue, Hollywood, California 91606 home-pic-0
ACTIVE$1,785,000
6651 Beck Avenue, Hollywood, California 91606
0Bed
0Bath
6,052Sqft
6,753Lot
Year Built
1961
Close
-
List price
$1.78M
Original List price
$1.83M
Price/Sqft
$295
HOA
-
Days on market
-
Sold On
-
MLS number
OC25233673
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,6 Pros.

Prime North Hollywood Investment Opportunity! Looking for a solid real estate investment? This fully rented **six-unit apartment building** offers immediate cash flow with the potential to **increase rent to market rates**. Excellent location near **shopping centers, major freeways, and the airport** - perfect for tenants seeking convenience. Stable, income-producing property with **growth potential**. Ideal for investors looking to expand their portfolio in a thriving North Hollywood market. Don't miss out on this opportunity to secure a high-demand property in a prime area! Contact us today to schedule a private showing and start maximizing your investment.

Nearby schools

5/10
Fair Avenue Elementary School
Public,K-50.6mi
5/10
Victory Boulevard Elementary School
Public,K-50.7mi
5/10
Bellingham Elementary School
Public,K-50.9mi
4/10
Camellia Avenue Elementary School
Public,K-50.9mi
3/10
Maurice Sendak Elementary School
Public,K-50.9mi
4/10
Oxnard Street Elementary School
Public,K-51.2mi
2/10
Julie Korenstein Elementary School
Public,K-5 & ungraded1.4mi
6/10
John B. Monlux Elementary School
Public,K-51.7mi
7/10
Burbank Boulevard Elementary School
Public,K-51.7mi
5/10
Strathern Street Elementary School
Public,K-51.8mi
6/10
Lankershim Elementary School
Public,K-51.9mi
8/10
Providencia Elementary School
Public,K-52.2mi
8/10
Bret Harte Elementary School
Public,K-52.3mi
7/10
Toluca Lake Elementary School
Public,K-52.6mi
9/10
Theodore Roosevelt Elementary School
Public,K-52.9mi
7/10
Rio Vista Elementary School
Public,K-53.2mi
4/10
Roy Romer Middle School
Public,6-80.8mi
6/10
Luther Burbank Middle School
Public,6-82.0mi
6/10
Walter Reed Middle School
Public,6-82.7mi
5/10
David Starr Jordan Middle School
Public,6-84.2mi
6/10
Arroyo Seco Museum Science
Public,K-812.0mi
5/10
Sun Valley Engineering And Technology Magnet
Public,6-120.9mi
3/10
East Valley Senior High School
Public,9-121.7mi
8/10
North Hollywood Senior High School
Public,9-121.8mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,7-122.1mi
6/10
Ulysses S. Grant Senior High School
Public,9-122.1mi
6/10
John H. Francis Polytechnic
Public,9-122.4mi
7/10
Burroughs High School
Public,9-123.6mi
8/10
Burbank High School
Public,9-123.9mi

Price History

Date
Event
Price
11/26/25
Price Change
$1,785,000-2.7%
10/06/25
Listing
$1,835,000
Condition Rating
Poor

Built in 1961, this property is over 60 years old. The listing explicitly states 'potential to increase rent to market rates' and the AI analysis highlights 'potential for significant deferred maintenance' and 'lack of unit condition details,' strongly implying the units, including kitchens and bathrooms, are outdated and require substantial rehabilitation to meet current market standards. The exterior images also show a dated appearance and general wear, consistent with a property that has not undergone major renovations in decades. While currently rented, significant investment is needed to bring it to a competitive condition.
Pros & Cons

Pros

Great Schools: Elementary School: Theodore Roosevelt Elementary School (9/10).
Immediate Cash Flow: The property is a fully rented six-unit apartment building, offering immediate and stable cash flow for an investor from day one.
Significant Rent Upside: There is clear potential to increase current rents to market rates, which can substantially boost the property's future income and overall return on investment.
Prime North Hollywood Location: Strategically located near shopping centers, major freeways, and the airport, ensuring high tenant demand and convenience, which are key drivers for rental property value.
Multi-Unit Investment: As a six-unit building, it provides diversified income streams, reducing the risk associated with single-tenant vacancies and offering economies of scale in property management.
Recent Price Adjustment: The property has seen a recent price reduction from $1.835M to $1.785M, potentially indicating increased value for buyers or motivated sellers.

Cons

Property Age and Potential Deferred Maintenance: Built in 1961, the property is over 60 years old, which may imply aging infrastructure, systems (plumbing, electrical, HVAC), and potential for significant deferred maintenance or capital expenditures.
Lack of Unit Condition Details: The description does not provide any information regarding the current condition or recent renovations of the individual units, suggesting they may be dated and require substantial investment to achieve top market rents.
Limited Financial Transparency: Crucial investment details such as current rent rolls, operating expenses, and cap rate are not provided, making it difficult for potential buyers to conduct a thorough financial analysis without further inquiry.

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