5319 Whitsett Ave - Apartments FOR SALE


Valley Village, CA 91607
$1,795,000 USD
818-481-1602
5319 Whitsett Ave, Valley Village, CA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/30
null | 4.67% Cap Rate

5319 Whitsett Ave
Valley Village, CA 91607


HIGHLIGHTS

  • Excellent Valley Village Neighborhood
  • High Demand Rental Area
  • Atrractive CAP Rate

OVERVIEW

This rare Valley Village Apartment Complex is a fantastic investment opportunity in an excellent neighborhood. Whitsett Apartments is a charming, 6-unit apartment building located minutes from Studio City and North Hollywood in the neighborhood of Valley Village. This garden-style property was built in 1953. It is comprised of 5,383 sf on an 8,808 sf lot. It consists of four, 1-bedroom, 1-bath units and two, 2 bedroom, 1 bath units. Units range in size from 770 sf to 1,100 sf. There is parking for 6 cars and a laundry room. The is a private grass yard behind the garage - perfect for pet walking. Whitsett Apartments is minutes from both the 101 and 170 Freeways, with Chandler Boulevard to the north, Magnolia Avenue to the south, Coldwater Canyon Avenue to the west and Laurel Canyon Boulevard to the east. The complex is close to many shops and restaurants and a short drive to Ventura Boulevard. Adjacent to Studio City and centrally located close to schools, parks, malls and other retailers. One unit is vacant and available for preview. Do not disturb tenants.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$284 USD /SF

# OF UNITS

6

PRICE/UNIT

$299,167

CAP RATE

4.67%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,774 SF

ZONING

LAR3

APN/PARCEL ID

2346-013-024

ASK ABOUT THIS PROPERTY

Susanna NagyKW CommercialMore Info
818-481-1602

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Susanna NagyKW CommercialMore Info
818-481-1602

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.