Seller looking for a QUICK ESCROW! Welcome to 6514 & 6512 Coldwater Canyon Ave — a rare, gated income-producing property in Valley Village offering two separate addresses with a main residence and fully permitted ADU. Generating approximately $116,400 annually (per seller), this is a strong long-term, stabilized investment opportunity with immediate income potential and long-term upside.
Both residences are fully gated with separate entrances, offering privacy and independent living—ideal for long-term tenants or an owner-occupant who can live in one or both units while generating rental income. Each unit features its own private backyard with Jacuzzi tubs, enhancing comfort and appeal.
The main residence offers an open floor plan with a spacious kitchen and center island, updated bathrooms, and comfortable living spaces. The ADU includes a designer kitchen, large bedroom suite with barn doors, walk-in closet, private bathroom, and in-unit laundry. Each unit is designed with its own laundry for convenience and long-term functionality.
Delivered vacant, providing flexibility to establish market rents and create a stabilized income stream, or to configure for full or partial owner occupancy. Seller is willing to assist with tenant placement, supporting a smooth transition into a fully stabilized asset.
Additional features include a gated rear driveway with secure parking, enhancing privacy and security.
An ideal opportunity for investors or owner-users seeking a low-maintenance, income-producing property with strong fundamentals, reliable long-term rental income, and flexibility in a highly desirable Valley Village location.
Listed by Emily Rose
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License #01308620
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Compass
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818-355-9988
Last updated April 29, 2026
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Source: CRMLS #SR26061519
Listing Facts
TypeMulti-family
NeighborhoodGreater Valley Glen
Days on Prevu43
Amenities
Dishwasher
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
04/27/2026
Price Decreased
$1,299,900
04/06/2026
Price Increased
$1,349,999
03/20/2026
Listed by Compass
$1,249,988
Property Details for 6514 Coldwater Canyon
Association
Amenities
Community Features: Curbs, Hiking, Street Lights, Suburban, Sidewalks, Valley
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Property Condition: Updated/Remodeled, Turnkey
Roof: Composition, Shingle
Stories: 1
Stories Total: 1
Window Features: Drapes, Roller Shields
Year Built: 1947
Architectural Style: Traditional
Common Walls: 1 Common Wall
Construction Materials: Drywall, Stucco, Copper Plumbing
Entry Level: 1
Entry Location: 1
Exterior Features: Lighting, Rain Gutters
Features
Direction Faces: West
Fencing: Wood
Other Structures: Guest House Attached, Two On A Lot
Road Frontage Type: City Street
View: Neighborhood, Trees/Woods
Measurements
Building Area Total: 1,746
Building Area Units: Square Feet
Lot Features: Back Yard, Front Yard, Level, Rectangular Lot, Walkstreet
Lot Size Acres: 0.18
Lot Size Area: 8,042
Lot Size Source: Assessor
Lot Size Square Feet: 8,042
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $116,400.00
Operating Expense: $8,870.00
Taxes
Parcel Number: 2325030018
Interior
Features
Appliances: Dishwasher, Disposal, Gas Range, Tankless Water Heater
Flooring: Tile, Vinyl
Interior Features: High Ceilings, Utility Room, Walk-In Closet(s)
Spa Features: Above Ground, See Remarks
Spa: Yes
Other
Location
Tax Lot: 304
Parking
Parking
Garage Spaces: 2
Garage: Yes
Open Parking Spaces: 2
Parking Features: Electric Gate
Parking Total: 4
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Electric: Electricity - On Property, 220 Volts
Heating: Central
Has Heating: Yes
Laundry Features: Laundry Closet, Laundry Room
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Water Source: Private
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 6514 Coldwater Canyon.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 6514 Coldwater Canyon.
How does 6514 Coldwater Canyon compare to other multi-family homes in Greater Valley Glen?
This multi-family home is listed 25% below the average price for multi-family homes in Greater Valley Glen and has been on the market for 26 less days than the typical home in this area.
6514 Coldwater Canyon is a -bedroom multi-family home for sale in Valley Village CA 91606. On Prevu for 43 days at $1,299,900. This includes a recent price decrease of $50,099. This home is located in Greater Valley Glen. The median listing price for multi-family homes in this area is $1,249,000. The home offers dishwasher, air conditioning, and parking. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.