6254 Whitsett Avenue North Hollywood, CA ^$ 1,475,000

6254 Whitsett Avenue

^$ 1,475,000

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6254 Whitsett Avenue

North Hollywood, CA, 91606

^$ 1,475,000

Bedrooms8 Baths6.0 Sq 5,088

Monthly Estimate*

^$ 10,303

Listed by Marcus & Millichap

6254 Whitsett Avenue, North Hollywood, CA 91606 - Image 1

6254 Whitsett Avenue, North Hollywood, CA 91606 - Image 2

6254 Whitsett Avenue, North Hollywood, CA 91606 - Image 3

6254 Whitsett Avenue, North Hollywood, CA 91606 - Image 4

6254 Whitsett Avenue, North Hollywood, CA 91606 - Image 5

6254 Whitsett Avenue, North Hollywood, CA 91606 - Image 6

6254 Whitsett Avenue, North Hollywood, CA 91606 - Image 7

Multi-Family Home for sale in North Hollywood, CA

for $1,475,000 with 8 bedrooms and 6 full baths. This 5,088 square foot home was built in 1956 on a lot size of 0.155.

INVESTMENT HIGHLIGHTS: Marketing Package attached under Docs. Six (6) Large Units Located on Desirable Whitsett Avenue in North Hollywood; Apartments Average 848 square feet of Space; Current Cap Rate equal to 5.06%; Unit Mix of Two 2 Bd/1Ba and Four 1 Bd/1Ba Apartments; No Seismic Retrofit Needed; Per Apartments.com : "As of April 2024, the average rent in North Hollywood, CA is $1,875 per month. This is 24% higher than the national average rent price of $1,514/month, making NorthHollywood one of the most expensive cities in the US. When you rent an apartment in North Hollywood, you can expect to pay about $1,735 per month for a studio, $1,875 for a one-bedroom apartment, and around $2,414 for a two-bedroom apartment."

Multi-Family Pending

Price

^$ 1,475,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.155

Year Built

1956

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

24386893

Days on Market

Features

General

Heating WallFurnace

Cooling WallWindowUnits

Zoning LAR3

Year Built 1956

Stories 2

Levels Two

Gross Income 114031.0

County Los Angeles

Net Operating Income 74638.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions West of Laurel Canyon South of Victory Boulevard.

City North Hollywood

View Y/N N

Senior Community Y/N N

Total Units 6

MLS Area VG - Valley Glen

Lot Size Square Feet 6751.0

Private Pool N

Waterfront Y/N N

Carport Y/N Y

Street Name Whitsett

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 15

Standard Status Pending

Cap Rate 5.06

Exterior

Parking Features DetachedCarport

Total Parking 6.0

Lot Size Area 6751.0

Number of Buildings 1

Spa N

Building Area Total 5088.0

Lot Size Acres 0.155

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Laundry Features LaundryRoom

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 6

Internal Only

Street Number 1 6254

* Excluded Features

List By

Marcus & Millichap

Broker

(818) 212-2752

Phone

Affordability Calculator

$10,303

Per Month

Monthly Principal & Interest: $10,303
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$2,887,298

Percent of Sale Price 96%

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
5/2/2024	$1,475,000		Listed Price

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6254 Whitsett Avenue, North Hollywood, CA, 91606 is a Multi-Family Home for sale at $1,475,000 with 5,088 sqft and a lot size of 0.155. 6254 Whitsett Avenue has 8 bedrooms, 6.0 baths, and was built in 1956. The property's zip code is 91606 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 5/17/2024. 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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6254 Whitsett Avenue

Multi-Family Home for sale in North Hollywood, CA

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