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

Bedrooms

4

Building size

2,168 sqft

Lot size

7,039 sqft

Year built

1948

Stories

1

Status

Active

Days on market

1

MLS #

248869423

About this property

The property offers investors an attractive combination of existing supplemental income, recent capital improvements, and future value-add potential. The property features four residential units, including one remodeled unit, providing an investor with an immediate renovated component while maintaining an opportunity to improve additional units through future turnover. A new roof was installed in 2025, and the property also features full copper plumbing, helping to significantly reduce near-term capital expenditure requirements. The property also benefits from supplemental income generated through on-site laundry and storage rooms. Situated near the intersection of Victory Boulevard and Whitsett Avenue, the property benefits from convenient access to major transportation corridors, including the 101, 170, and 5 Freeways. The property's location provides residents with easy access to employment centers, shopping, dining, entertainment, and other amenities throughout the San Fernando Valley and greater Los Angeles. With multiple existing income streams, recent improvements, and substantial rental upside, the property presents an attractive opportunity for owners seeking a well-located multifamily asset.

Location

6621 Whitsett Avenue

North Hollywood, Los Angeles, CA, 91606