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$1,249,000
4 Beds ⋅ 3 Baths ⋅ 26876045 MLS
Welcome to 6514 & 6512 Coldwater Canyon Ave, a unique gated property in the heart of Valley Village featuring two distinct addresses, a primary residence, and a fully permitted ADU. With approximately $116,400 in annual income according to the Seller, the property presents an attractive opportunity for investors seeking an income-producing asset with immediate potential and long-term upside. Both residences are separately gated and accessed independently, creating a sense of privacy and allowing each space to function as its own private home. The configuration is well suited for long-term tenants, an owner-user, or a combination of personal occupancy and rental income. Each residence also enjoys its own private backyard complete with a Jacuzzi tub, adding to the overall comfort and desirability of the property. The main home features an open-concept layout, generously sized kitchen with center island, updated bathrooms, and inviting living areas. The ADU offers a thoughtfully designed interior with a designer kitchen, spacious bedroom suite, barn-door accents, walk-in closet, private bathroom, and in-unit laundry, while the main residence also has dedicated laundry facilities for added convenience. The property will be delivered vacant, giving the next owner the flexibility to establish current market rents, create a stabilized rental operation, or utilize one or both residences for personal living. The Owner is also willing to assist with tenant placement to help facilitate a smooth transition toward stabilization if needed. A gated rear driveway provides secure parking and further enhances the property's privacy. With its separate living spaces, strong income potential, low-maintenance appeal, and flexible ownership options, this is an exceptional opportunity for an investor or Owner-user looking for a well-positioned property in one of Valley Village's desirable locations. Seller is motivated!

6514 Coldwater Canyon Ave, Los Angeles

Courtesy of Christie's International Real Estate SoCal, Joshua Morrow - CA DRE#01720454

$899,000
2 Beds ⋅ 1 Baths ⋅ 26864523 MLS
Well-loved Welby Way Mid-Century seeks its 3rd-ever Owner. This special spot melds frozen-in-time charm with thoughtful updates, including paid-off solar, elastomeric "cool roof," newer Anderson windows, newer AC & water heater, and drought-friendly landscaping. Other features include 2 nicely sized bedrooms, a great room that truly lives up to its moniker, a covered patio that acts as a second living room, and a backyard oasis that is home to all kinds of trees, from banana to mandarin to olive, avocado and more! Sellers are relocating out of state and hence have to let go of this wonderful home that has brought them so much joy. Must see to fully appreciate. Sellers plan to keep the vintage stove, but will credit Buyer toward a stove of their choice. Solar offsets power costs by $2600/year.

13138 Welby Way, Los Angeles

Courtesy of Gold Star Realty - Encino, Amanda Leigh Weier - CA DRE#01338736

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.