Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

6514 Coldwater Canyon Avenue

Valley Village, CA, 91606

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$1,349,999

MLS: SR26053054

Beds

4

Baths

3

Sq Ft

1,746

Lot

0.18 ac

Year Built

1947

MLS #

SR26053054

Days on Market

31

Listed

Mar 12, 2026

Description

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 $117,000 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.

Location

Valley Village, Los Angeles County, CA 91606

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Listed by: Emily Rose · Compass

Payment estimate

$9,678

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $135,000 · Loan: $1,214,999

%
Principal & Interest
$7,465
Property tax (1.25%)
$1,406
Homeowners insurance
$300
Mortgage insurance
$506
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Valley Village home with as little as 3.5% down using an FHA loan — roughly $47,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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