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5919 Whitnall Hwy
North Hollywood, CA 91601
Multifamily Property For Sale
·
6 Units
Investment Highlights
- THE OPPORTUNITY: 5919 Whitnall Highway is a 6 Unit- Value-add opportunity located in North Hollywood.
- SURROUNDED BY RENT DRIVERS: 5919 Whitnall Highway is located minutes away from NOHO Arts District and is surrounded by renowned nightlife and dining.
- UPSIDE IN RENTAL INCOME: By implementing an extensive interior and exterior plan a buyer can capture a 38% Loss-to-lease on in-place rents.
- POTENTIAL FOR ADU ADDITION: Garage spaces ideal for ADU conversion. Buyer to verify
Property Facts
| No. Units | 6 | Building Size | 3,520 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | B | Parking Ratio | 1.13/1,000 SF |
| Lot Size | 0.11 AC | ||
| Zoning | LAR3 - Limited Density Multiple Residence | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 3,520 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | LAR3 - Limited Density Multiple Residence |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $1,352 | 500 |
| 1+1 | 4 | $1,000 | 630 |
Property Taxes
| Parcel Number | 2415-013-010 | Improvements Assessment | $491,960 |
| Land Assessment | $327,970 | Total Assessment | $819,930 |
Property Taxes
Parcel Number
2415-013-010
Land Assessment
$327,970
Improvements Assessment
$491,960
Total Assessment
$819,930
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