Value Add Opportunity | Below Market Rents 5905 Whitnall Hwy 8 Unit Apartment Building $1,595,000 ($199,375/Unit) 5.35% Cap Rate North Hollywood, CA 91601

The LAAA Team of Marcus & Millichap is pleased to present 5905 Whitnall Highway, an eight-unit multifamily investment opportunity located in the heart of North Hollywood. This offering provides investors with an attractive entry point into one of the San Fernando Valley’s most dynamic rental submarkets, characterized by strong tenant demand, limited new supply, and long-term rental growth drivers. The property’s diversified unit mix, infill location, and in-place rents that are well below current market levels position the asset for both stable cash flow and meaningful upside through operational efficiencies and rent mark-to-market strategies.

The subject property is an eight-unit multifamily asset improved with a well-balanced mix of unit types, including one studio ADU, four onebedroom/ one-bath units, two two-bedroom/one-bath units, and one two-bedroom/two-bath unit. Constructed in 1961, the building encompasses approximately 5,008 square feet of living area on a roughly 4,905-square-foot lot and is zoned LAR3, allowing for increased density and long-term redevelopment optionality. The diverse floorplan composition appeals to a broad tenant base while below-market in-place rents provide a clear value-add opportunity through interior upgrades, improved management, and natural tenant turnover.

Situated in North Hollywood, the property benefits from proximity to major employment centers, transit corridors, and lifestyle amenities that continue to drive renter demand. The neighborhood is anchored by access to the NoHo Arts District, major thoroughfares including the 170 and 101 Freeways, and a wide array of retail, dining, and entertainment options. This infill location, combined with the area’s ongoing revitalization and strong demographic fundamentals, supports sustained rental demand and positions 5905 Whitnall Highway as a compelling long-term hold in a supply-constrained, high-demand Los Angeles submarket.