6925 Whitsett Ave - Apartments FOR SALE


North Hollywood, CA 91605
$1,495,000 USD
818-624-3383
6925 Whitsett Ave, North Hollywood, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/3
null | 6.11% Cap Rate

6925 Whitsett Ave
North Hollywood, CA 91605


OVERVIEW

Six-unit multifamily investment opportunity in North Hollywood offering significant rental upside and two vacant units. Unit mix consists of (2) 1 bedroom 1 bath units, (2) 2 bedroom 1 bath units and (2) 3 bedroom 2 bath units. The building contains approximately 5,278 square feet and is situated on an approximately 7,635-square-foot lot, with each unit separately metered for gas and electricity. Recent improvements include new interior and exterior electrical panels and a new garage carport roof. The property is conveniently located near the 170, 101, and 5 freeways. Two vacant units and potential to increase rents, the property presents an attractive opportunity for an investor seeking immediate leasing flexibility and long-term value creation. Information has been obtained from sources believed to be reliable; however, no representations or warranties, expressed or implied, are made regarding its accuracy. Square footage, lot size, unit details, and property age are approximate, and the buyer is responsible for independently verifying all information.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$283 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,167

CAP RATE

6.11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,706 SF

ZONING

LAR3

APN/PARCEL ID

2324-030-036

ASK ABOUT THIS PROPERTY

Nick AprahamianPWR Property Group IncMore Info
818-624-3383

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Nick AprahamianPWR Property Group IncMore Info
818-624-3383

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