• 5965 Whitnall Highway North Hollywood, CA 91601

  • $1,000,000
  • 0
    Bed(s)
  • 0
    Baths
  • 2,392
    Sq Ft
  • 5079
    Sqft
  • Listed By: Anie Mayelian, Keller Williams Realty Calabasas, DRE #00778825
  • Source: CRMLS

We are pleased to present a 4 unit value add investment opportunity near Oxnard and Vineland in North Hollywood with approximately 34% rental upside! Excellent unit mix of two 2 bedroom / 1 bath units and 2 one bedroom / 1 bath units. The well-maintained building features a brand new roof, new windows, and in-unit improvements such as granite countertops, remodeled bathrooms, and updated flooring. Uncovered parking in the front of the building with 4 parking spaces which may be converted to ADUs for additional rental income. Minutes away from the new NoHo West Shopping Center, NoHo Arts District, Burbank Airport, and the numerous restaurants, theaters, and art galleries on Lankershim Boulevard, the property is in a booming rental market, making it a solid investment opportunity.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1065261525 1 1 1 0
2 1065261525 1 1 1 0
3 1065261525 1 2 1 0
4 1065261525 1 2 1 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1954

Building Area Total: 2,392

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1166

Lot Size Source: Assessor

Lot Size Square Feet: 5079

Listing Price Information

Original List Price: 1,000,000

Listing Contract Date: 2024-04-04

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 2415012027

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Pending

Source Neighborhood: NHO - North Hollywood

Postal Code Plus 4: 1421

Directions: Oxnard St & Vineland Ave

Zoning: LAC2

Source Property Type: Residential Income

Area: NHO - North Hollywood

Property SubType: Quadruplex

Building and Construction

Property Age: 70

Common Walls: 1 Common Wall

Structure Type: Quadruplex

Year Built Source: Assessor

Entry Level: 1

Entry Location: Whitnall Hwy

Property Attached: Yes

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10835 Magnolia Boulevard, North Hollywood, CA,91601 $3,500,000 -- -- 3,200 5510 Sqft
5620 Cartwright Avenue, North Hollywood, CA,91601 $1,100,000 5 4 2,408 8871 Sqft
5421 Denny Avenue, North Hollywood, CA,91601 $1,200,000 2 1 776 5581 Sqft
5739 N Canvas Court, North Hollywood, CA,91601 $1,020,000 3 3 1,912 1114 Sqft
5731 N Canvas Court, North Hollywood, CA,91601 $1,149,000 3 3 1,891 1617 Sqft
11304 Tiara, North Hollywood, CA,91601 $1,595,000 5 2.5 4,117 7001 Sqft
5735 N Canvas Court, North Hollywood, CA,91601 $999,000 3 3 1,912 1114 Sqft
5611 Fulcher Avenue, North Hollywood, CA,91601 $4,600,000 23 -- 12,598 14030 Sqft
4825 Craner Avenue, North Hollywood, CA,91601 $1,025,000 3 3 1,681 933 Sqft
5617 Denny Avenue, North Hollywood, CA,91601 $1,349,800 5 4 1,802 7430 Sqft

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ByOwner last updated this listing 05/10/2024 @ 17:37

MLS: SR24066611
LISTED BY: Anie Mayelian, Keller Williams Realty Calabasas
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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