6716 Whitsett Ave

North Hollywood, CA, 91606

$1,365,000

$295 per ft²
$1,365,000
$295 per ft²
Pending
Pending
 - For Sale
beds
8 Beds
baths
6 Baths
carpenters-square
4,616 ft²
property_type
Multi-family
calendar
Built 1958
Seismic Retrofit Completed; Two Units Fully Remodeled; Additional income from Pass-through of Capital Improvements to Tenants Post Covid; Desirable North Hollywood Location; Unit Mix Consists of Three 2 Bedroom ( one and two baths) and Two 1 bedroom units; 5 On-Site Parking Spaces; 100% Rent Collection; The property offers a current Cap rate of 4.8%. Rents can be increased post- Covid by the allowable pass-through amount for the retrofit correction. Units are large and bright and average 923 square feet of space. First Floor apartments each have a generously sized private patio and upstairs units have large balconies and a private deck. The convenient location of this asset represent a Value-Add opportunity that is well suited for strong returns over the term of the investment.
MLS ID:
21-783690
Listed:
9/13/21
Updated:
10/22/21
Coldwell Banker Realty
Barry Dantagnan

Interior Features

Kitchen Appliances
Built-Ins
Total Bedrooms
8
Total Bathrooms
6
Cooling
Wall/Window

Exterior/Building Features

Lot Size
7,199 ft² lot

Other Property Details

Attached Garage
Yes
Parking
Carport Attached
Parking Total
5.0
County
Los Angeles
Total Stories
2
Zoning
LAR3

Property History

Date
Event
Price
Value
10/8/21
Pending
-
-

 

Courtesy of Jeanette Monfared, Marcus & Millichap

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barry Dantagnan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2021 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/22/21

Coldwell Banker Realty
Barry Dantagnan
Contact Agent