5919 Whitnall Hwy Pending Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91601
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $283
MLS Listing ID 25575737
Bedrooms 4
Year Built 1953
Lot Size 5,007 Sqft
Property Sub-Type Multi-Family
Property Description
5919 Whitnall Highway is a 6-unit value-add multifamily investment located in the heart of North Hollywood. Built in 1953, the property sits on a 5,004 square foot lot and features a desirable unit mix of two (2) studios and four (4) one-bedroom, one-bathroom units in a two-story garden-style walk-up building. A detached structure at the rear of the lot provides four covered parking spaces. While the property has been well maintained by long-term ownership, the interiors remain largely in original condition or have seen only modest updates. This presents a compelling opportunity for a new owner to implement a strategic renovation plan for both the unit interiors and exterior facade. With in-place rents approximately 38% below market, 5919 Whitnall Highway offers significant potential for income growth through unit turnover and repositioning. The property benefits from stable current cash flow paired with substantial long-term upside.
Location
State CA
County Los Angeles
Area North Hollywood
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment None
Exterior
Parking Features Detached
Garage Spaces 4.0
Building
Story 2
Others
Special Listing Condition Standard