Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

6

Building size

5,278 sqft

Lot size

7,680 sqft

Year built

1957

Stories

2

Garage spaces

6

Pool

None

Status

Active

Days on market

56

MLS #

245339486

About this property

Six-unit multifamily investment opportunity in North Hollywood offering significant rental upside and two vacant units. Unit mix consists of (2) 1 bedroom 1 bath units, (2) 2 bedroom 1 bath units and (2) 3 bedroom 2 bath units. The building contains approximately 5,278 square feet and is situated on an approximately 7,635-square-foot lot, with each unit separately metered for gas and electricity. Recent improvements include new interior and exterior electrical panels and a new garage carport roof. The property is conveniently located near the 170, 101, and 5 freeways. Two vacant units and potential to increase rents, the property presents an attractive opportunity for an investor seeking immediate leasing flexibility and long-term value creation. Information has been obtained from sources believed to be reliable; however, no representations or warranties, expressed or implied, are made regarding its accuracy. Square footage, lot size, unit details, and property age are approximate, and the buyer is responsible for independently verifying all information.

Location

6925 Whitsett

North Hollywood, Los Angeles, CA, 91605