# 6926 Morella Ave, North Hollywood, CA 91605 > **TL;DR:** 17bd/21ba residential multi family, $3,195,000 ($403/sqft), built 2021, 7,932 sqft. > A/C, 1-car garage. Est. $17,088/mo. Listed 51 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $3,195,000 | | Price/sqft | $403 | | Bedrooms | 17 | | Bathrooms | 21 full | | Square Feet | 7,932 | | Year Built | 2021 | | Lot Size | 7,906 sqft (0.18 acres) | | Stories | 3 | | Garage | 1-car | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 51 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $16,156 | | Estimated Insurance | $932 | | **Total** | **$17,088** | ## Key Amenities - A/C - 1-car garage ## Property Highlights - Built in 2021 - 0.18 acre lot - 3 stories - 12 parking spaces ## Description ### Agent Description Recently Built, Fully Leased Income Property, NO Lease-Up required | Non-RSO | No Rent Control. A rare find for investors who want proven year-over-year cash flow, not construction risk. 6926 Morella Avenue is a recently completed, 100%-leased 5-unit property generating $227,988 in current annual income, already stabilized from day one. Unlike a vacant new-construction building that may still require months of marketing, screening, and lease-up before stabilization, this property is cash-flowing now, with rents already within ~3% of market. Built for Minimal Landlord Involvement: Every unit is separately metered for utilities; tenants pay their own electric, gas, and water. Landlord responsibility is limited to property tax, insurance, and minimal gardening, made even lighter by pavers, concrete hardscape, and drought-tolerant landscaping throughout the nearly 8,000 SF lot. This is about as close to a hands-off operating expense structure as ground-up construction gets. Non-RSO, No Rent Control, SB 8 Exempt. As recently constructed housing, the property falls outside LA's Rent Stabilization Ordinance and carries no affordable-housing covenant restrictions, full rental rate freedom, with none of the entanglements that come with older buildings, covenant-encumbered affordable housing, or RSO-covered buildings. Three detached buildings, including one fully standalone unit, sit on an oversized ~8,000 SF lot with ample on-site parking, a genuine differentiator in an infill submarket where many comparable properties offer little or none. Units are townhouse-style with multiple private balconies and patios throughout. Ideal for 1031 exchange buyers who want documented, in-place income rather than a speculative lease-up; cost segregation buyers drawn to the high depreciable basis of new construction; and professionals and business owners who want a low-touch, low-opex asset in one of the San Fernando Valley's most in-demand rental submarkets, minutes from Universal Studios, Warner Bros., and the NoHo Arts District. ## Location - **Address:** 6926 Morella Ave, North Hollywood, CA 91605 - **County:** Los Angeles - **Coordinates:** 34.196659, -118.38969 - **Google Maps:** https://www.google.com/maps?q=34.196659,-118.38969 ## Listing Agent - **Name:** Cesar Leyva · **License:** 01490664 - **Brokerage:** Beverly and Company, Inc. - **Broker Phone:** (818) 342-4160 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/6926-Morella-Ave_North-Hollywood_CA_91605_M17397-85949?f=listhub&s=CLAWCA&m=26986171&c=propsimple) ## Photos ![6926 Morella Ave - Photo 1](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2733769359r.jpg) ![6926 Morella Ave - Photo 2](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2994277319r.jpg) ![6926 Morella Ave - Photo 3](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f1288328667r.jpg) ![6926 Morella Ave - Photo 4](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f1392048300r.jpg) ![6926 Morella Ave - Photo 5](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3696222939r.jpg) ![6926 Morella Ave - Photo 6](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2316208760r.jpg) ![6926 Morella Ave - Photo 7](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2585967929r.jpg) ![6926 Morella Ave - Photo 8](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f1189717623r.jpg) ![6926 Morella Ave - Photo 9](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3519141502r.jpg) ![6926 Morella Ave - Photo 10](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f618900497r.jpg) ![6926 Morella Ave - Photo 11](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f1325753352r.jpg) ![6926 Morella Ave - Photo 12](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f1665333826r.jpg) ![6926 Morella Ave - Photo 13](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2102165017r.jpg) ![6926 Morella Ave - Photo 14](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3615239359r.jpg) ![6926 Morella Ave - Photo 15](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f1624388466r.jpg) ![6926 Morella Ave - Photo 16](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2448681720r.jpg) ![6926 Morella Ave - Photo 17](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2073069124r.jpg) ![6926 Morella Ave - Photo 18](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f299934553r.jpg) ![6926 Morella Ave - Photo 19](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f78037977r.jpg) ![6926 Morella Ave - Photo 20](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3170923798r.jpg) ![6926 Morella Ave - Photo 21](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2846491079r.jpg) ![6926 Morella Ave - Photo 22](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3987087450r.jpg) ![6926 Morella Ave - Photo 23](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f1103875071r.jpg) ![6926 Morella Ave - Photo 24](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3391325515r.jpg) ![6926 Morella Ave - Photo 25](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2244973405r.jpg) ![6926 Morella Ave - Photo 26](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3784747407r.jpg) ![6926 Morella Ave - Photo 27](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3891341678r.jpg) ![6926 Morella Ave - Photo 28](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3736145953r.jpg) ![6926 Morella Ave - Photo 29](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3005131075r.jpg) ![6926 Morella Ave - Photo 30](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3298411852r.jpg) ![6926 Morella Ave - Photo 31](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f173378860r.jpg) ![6926 Morella Ave - Photo 32](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f1878748385r.jpg) ![6926 Morella Ave - Photo 33](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3526937272r.jpg) ![6926 Morella Ave - Photo 34](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3653762331r.jpg) ![6926 Morella Ave - Photo 35](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f971018583r.jpg) ![6926 Morella Ave - Photo 36](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f1083896034r.jpg) ![6926 Morella Ave - Photo 37](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f1758622923r.jpg) ![6926 Morella Ave - Photo 38](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3554754571r.jpg) ![6926 Morella Ave - Photo 39](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2767204419r.jpg) ![6926 Morella Ave - Photo 40](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f4137806913r.jpg) ![6926 Morella Ave - Photo 41](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2571092098r.jpg) ![6926 Morella Ave - Photo 42](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f3807022159r.jpg) ![6926 Morella Ave - Photo 43](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2643985499r.jpg) ![6926 Morella Ave - Photo 44](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f651754602r.jpg) ![6926 Morella Ave - Photo 45](http://lh.rdcpix.com/4be30c3126d34ca198f43d25eca5ec9dl-f2180021405r.jpg) --- **MLS#:** 26986171 | **Updated:** 2026-10-22 **Source:** listhub *Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/6926-morella-ave-north-hollywood-ca-91605-603b0b616fd440bcae1f3f401fee5122) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/6926-morella-ave-north-hollywood-ca-91605-603b0b616fd440bcae1f3f401fee5122#listing", "url": "https://www.propertysimple.ai/listing/6926-morella-ave-north-hollywood-ca-91605-603b0b616fd440bcae1f3f401fee5122", "name": "6926 Morella Ave, North Hollywood, CA 91605", "description": "Recently Built, Fully Leased Income Property, NO Lease-Up required | Non-RSO | No Rent Control. A rare find for investors who want proven year-over-year cash flow, not construction risk. 6926 Morella Avenue is a recently completed, 100%-leased 5-unit property generating $227,988 in current annual income, already stabilized from day one. Unlike a vacant new-construction building that may still require months of marketing, screening, and lease-up before stabilization, this property is cash-flowing now, with rents already within ~3% of market. Built for Minimal Landlord Involvement: Every unit is separately metered for utilities; tenants pay their own electric, gas, and water. Landlord responsibility is limited to property tax, insurance, and minimal gardening, made even lighter by pavers, concrete hardscape, and drought-tolerant landscaping throughout the nearly 8,000 SF lot. This is about as close to a hands-off operating expense structure as ground-up construction gets. Non-RSO, No Rent Control, SB 8 Exempt. As recently constructed housing, the property falls outside LA's Rent Stabilization Ordinance and carries no affordable-housing covenant restrictions, full rental rate freedom, with none of the entanglements that come with older buildings, covenant-encumbered affordable housing, or RSO-covered buildings. Three detached buildings, including one fully standalone unit, sit on an oversized ~8,000 SF lot with ample on-site parking, a genuine differentiator in an infill submarket where many comparable properties offer little or none. Units are townhouse-style with multiple private balconies and patios throughout. 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