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$1,050,000
Est. payment /mo
4 Beds
6 Baths
3,520 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $298
MLS Listing ID 25575737
Bedrooms 4
HOA Y/N No
Year Built 1953
Lot Size 5,005 Sqft
Property Description
5919 Whitnall Highway is a 6-unit value-add multifamily investment located in the heart of North Hollywood. Built in 1953, the property sits on a 5,004 square foot lot and features a desirable unit mix of two (2) studios and four (4) one-bedroom, one-bathroom units in a two-story garden-style walk-up building. A detached structure at the rear of the lot provides four covered parking spaces. While the property has been well maintained by long-term ownership, the interiors remain largely in original condition or have seen only modest updates. This presents a compelling opportunity for a new owner to implement a strategic renovation plan for both the unit interiors and exterior facade. With in-place rents approximately 38% below market, 5919 Whitnall Highway offers significant potential for income growth through unit turnover and repositioning. The property benefits from stable current cash flow paired with substantial long-term upside.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2415013010
Special Listing Condition Standard
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Listed by Elliot Hassan NorthMarq Realty Services, Inc.
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