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$5,195,000

  • For Sale
  • Active
  • Multi-Family
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VINELAND 19: This investment property, constructed in 1989 and exempt from LA City rent control, is presented at a 5.5 CAP rate and a 11.82 GRM, with potential for increased returns. Situated in the rapidly developing southeast region of North Hollywood, it offers convenient access to NoHo, NoHo West, Burbank, Studio City, Hollywood, DTLA, as well as nearby shopping, dining, and entertainment venues. The Transit Oriented Community (TOC) Tier 3 designation provides tenants with easy access to public transportation. This well-maintained asset represents a valuable addition to any portfolio, with recent upgrades including a new roof installed in 2022. PLEASE NOTE: All one-bedroom units are spacious singles with a partition wall converting them into a traditional spacious one-bedroom layouts. Unit Mix 2 bachelor units (affordable), 14 Singles, 3 two bedroom and two baths. Other Highlights: Gated & access controlled property, combination of open & covered parking, central heat, room refrigerated air, In-house laundry (landlord owned and generating income).

Full Property Details for 6242 Vineland Ave

General

  • Price: $5,195,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SR25185222
  • Updated: 9/29/2025
  • Days on Market: 155 days
  • Added to Site: 155 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: Assigned, Carport, On-Site, Uncovered
  • Parking: Assigned, Carport, On-Site, Uncovered

Location

  • Area: NHO - North Hollywood
  • County: Los Angeles
  • Development Name: NHO - North Hollywood
  • Driving Directions: South of Victory Blvd. and West of Cahuenga

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Gas Meters: 19
  • # Electric Meters: 19

Structural Information

  • Entry Location: 1
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 14,352
  • Year Built: 1989

Unit Information

Unit 1

  • Number of Units: 3
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 2
  • Total Bathrooms: 1

Unit 3

  • Number of Units: 12
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: See Remarks
  • Lot Size (Acres): 0.3044
  • Lot Size (Sq. Ft.): 13,258
  • Lot Size Source: Assessor
  • Zoning: LARD1.5
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $361.97
  • Price Per Unit: 273421

Listed by Ed Koenig IRE, Edgar Koenig and Koenig Properties, Verzhine "Gina" Uzunyan

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Listing agents

— 6242 Vineland Ave —

  • Edgar Koenig

    Ed Koenig IRE

  • Verzhine "Gina" Uzunyan

    Koenig Properties

818-755-8088

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 6242 Vineland Ave

School District:Los Angeles Unified School District
NameGradesDistance
Oxnard Street Elementary School
10912 Oxnard St., Los Angeles, CA 91606
K-50.4 mi
Sun Valley Engineering And Technology Magnet
7330 Bakman Ave., Los Angeles, CA 91352
6-81.4 mi
East Valley Senior High School
5525 Vineland Ave., Los Angeles, CA 91601
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6242 Vineland Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/29/2025
Price Reduced
$5,195,000
-3.8%
MLS
8/16/2025
Listed
$5,400,000
157.14%
MLS
11/06/2007
Sold
$2,100,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 6242 Vineland Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$35,045
3%
$2,763,478
4%
2023
$33,860
5%
$2,656,369
2%
2022
$32,335
1%
$2,604,384
2%
2021
$31,880
-1%
$2,553,419
1%
2020
$32,187
4%
$2,527,290
2%
2019
$30,955
1%
$2,472,736
2%
2018
$30,726
2%
$2,424,252
2%
2017
$30,037
3%
$2,376,719
2%
2016
$29,238
1%
$2,330,117
2%
2015
$28,825
-1%
$2,295,117
2%
2014
$29,016
—
$2,250,159
—
2013
$29,018
—
$2,239,991
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Ed Koenig IRE, Edgar Koenig and Koenig Properties, Verzhine "Gina" Uzunyan

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6242 Vineland Avenue, North Hollywood, CA 91606 (MLS# SR25185222) is a Multi-Family property with 19 units containing 0 bedrooms and 0 full bathrooms. 6242 Vineland Avenue is currently listed for $5,195,000 and was received on August 16, 2025. Want to learn more about 6242 Vineland Avenue? Do you have questions about finding other Multi-Family real estate for sale in North Hollywood? You can browse all North Hollywood real estate or contact a Coldwell Banker agent to request more information.

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