North Hollywood, CA 91601,5965 Whitnall Highway
North Hollywood, CA 91601,5965 Whitnall Highway
North Hollywood, CA 91601,5965 Whitnall Highway
$1,000,000
Est. payment /mo
$1,000,000
Est.Price: ?

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6 Beds
4 Baths
5,079 Sqft Lot
SOLD DATE : 05/22/2024

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR24066611

Sold Date 05/22/24

Bedrooms 6

HOA Y/N No

Lot Size 5,079 Sqft

Property Description

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.
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.

Location

State CA

County Los Angeles

Area North Hollywood (91601)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $32

Acceptable Financing Cash, Conventional, FHA

Space Rent $2,179

Listing Terms Cash, Conventional, FHA

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Anie Mayelian • Keller Williams Realty Calabasas
Bought with Aleen Mayelian • Keller Williams Realty Calabasas
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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