5965 Whitnall Highway North Hollywood, CA ^$ 1,000,000

5965 Whitnall Highway

^$ 1,000,000

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5965 Whitnall Highway

North Hollywood, CA, 91601

^$ 1,000,000

Bedrooms6 Baths4.0 Sq 2,392

Monthly Estimate*

^$ 6,985

Listed by Keller Williams Realty Calabasas

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 1

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 2

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 3

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 4

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 5

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 6

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 7

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 8

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 9

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 10

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 11

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 12

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 13

5965 Whitnall Highway, North Hollywood, CA 91601 - Image 14

Multi-Family Home for sale in North Hollywood, CA

for $1,000,000 with 6 bedrooms and 4 full baths. This 2,392 square foot home was built in 1954 on a lot size of 0.1166.

We are pleased to present a 4 unit value add investment opportunity near Oxnard and Vineland in North Hollywood with approximately 34% rental upside! Excellent unit mix of two 2 bedroom / 1 bath units and 2 one bedroom / 1 bath units. The well-maintained building features a brand new roof, new windows, and in-unit improvements such as granite countertops, remodeled bathrooms, and updated flooring. Uncovered parking in the front of the building with 4 parking spaces which may be converted to ADUs for additional rental income. Minutes away from the new NoHo West Shopping Center, NoHo Arts District, Burbank Airport, and the numerous restaurants, theaters, and art galleries on Lankershim Boulevard, the property is in a booming rental market, making it a solid investment opportunity.

Multi-Family Active

Price

^$ 1,000,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1166

Year Built

1954

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

SR24066611

Days on Market

Features

General

Sewer PublicSewer

Zoning LAC2

Garage Spaces 0.0

Pool Features None

Year Built 1954

Stories 2

Levels Two

Property SubType Quadruplex

Gross Income 73805.0

Community Features Curbs Park StormDrains StreetLights Sidewalks

County Los Angeles

Net Operating Income 51425.0

Operating Expense 20165.0

Insurance Expense 2000.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions Oxnard St & Vineland Ave

City North Hollywood

Entry Location Whitnall Hwy

View Y/N N

Senior Community Y/N N

Open Parking Spaces 4.0

Total Units 4

MLS Area NHO - North Hollywood

Lot Size Square Feet 5079.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 4

Street Name Whitnall

Listing Terms Cash CashtoNewLoan Conventional FHA

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 2185.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 12

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Year Built Source Assessor

Tax Lot 16

Total Actual Rent 73675.0

Property Sub Type Additional Quadruplex

Taxes 12500.0

Cap Rate 5.1

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 4.0

Lot Size Area 5079.0

Number of Buildings 1

Spa N

Building Area Total 2392.0

Lot Size Acres 0.1166

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Highway

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 5965

* Excluded Features

List By

Keller Williams Realty Calabasas

Broker

(818) 657-6500

Phone

Affordability Calculator

$6,985

Per Month

Monthly Principal & Interest: $6,985
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in North Hollywood, CA

Average List Price ^$2,902,403

Percent of Sale Price 190%

About North Hollywood, CA

158,455 Population

0% Since 2002

^$0 Median Income

0 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2024	$1,000,000		Listed Price

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5965 Whitnall Highway, North Hollywood, CA, 91601 is a Multi-Family Home for sale at $1,000,000 with 2,392 sqft and a lot size of 0.1166. 5965 Whitnall Highway has 6 bedrooms, 4.0 baths, and was built in 1954. The property's zip code is 91601 which is in North Hollywood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5965 Whitnall Highway

Multi-Family Home for sale in North Hollywood, CA

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