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5887 Whitnall Hwy
North Hollywood, CA 91601
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Attractive Unit Mix - consisting of 4 studios, 3 one-bedroom, and 1 two-bedroom unit
- Strong North Hollywood Location - near the NoHo Arts District, Metro stations, dining, retail, and major employment hubs
- Excellent Access & On-Site Parking - Easy ingress and egress with ample parking.
- 100% occupied
Executive Summary
5887 Whitnall Hwy is located in the heart of North Hollywood,
a highly sought-after Los Angeles submarket known for its
strong rental demand, transit accessibility, and ongoing
redevelopment. The property is situated just minutes from
the NoHo Arts District, a vibrant hub featuring theaters,
restaurants, cafes, nightlife, and creative office space. Priced at only $165,000 per unit this offering is prime for the astute multifamily investor to add value and hold, long term.
a highly sought-after Los Angeles submarket known for its
strong rental demand, transit accessibility, and ongoing
redevelopment. The property is situated just minutes from
the NoHo Arts District, a vibrant hub featuring theaters,
restaurants, cafes, nightlife, and creative office space. Priced at only $165,000 per unit this offering is prime for the astute multifamily investor to add value and hold, long term.
Property Facts
| Price Per Unit | $165,444 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 4,837 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1962 |
| Apartment Style | Low-Rise | Parking Ratio | 1.45/1,000 SF |
| Building Class | C | ||
| Zoning | LAR3 - Limited Multiple Residence | ||
| Price Per Unit | $165,444 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,837 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | LAR3 - Limited Multiple Residence |
Amenities
Unit Amenities
- Oven
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | - |
Property Taxes
| Parcel Number | 2415-015-001 | Improvements Assessment | $477,543 |
| Land Assessment | $848,966 | Total Assessment | $1,326,509 |
Property Taxes
Parcel Number
2415-015-001
Land Assessment
$848,966
Improvements Assessment
$477,543
Total Assessment
$1,326,509
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