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

Studio Baths0.0 Sq 5,088

Monthly Estimate*

^$ 9,803

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

Studio

Multi-Family Home for sale in North Hollywood, CA

for $1,475,000. This 5,088 square foot home was built in 1956 on a lot size of 0.16.

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

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

1956

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

0024386893

Features

General

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning LAR3

Year Built 1956

Levels Two

County Los Angeles

Net Operating Income 74638.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Pending

City North Hollywood

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area VG - Valley Glen

Lot Size Square Feet 6751.0

Street Name Whitsett

Standard Status Pending

Buyer Agent Compensation Type %

Exterior

Parking Features Detached Carport

Lot Size Area 6751.0

Building Area Total 5088.0

Lot Size Acres 0.16

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Avenue

Laundry Features Individual Room

Total Baths 0

* Excluded Features

List By

Jeanette Monfared

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$9,803

Per Month

Monthly Principal & Interest: $9,803
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% 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 ^$2,768,008

Percent of Sale Price 88%

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.

793437 Elementary School

793428 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 0.16. 6254 Whitsett Avenue is a studio with 0.0 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 6.99% 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/17/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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6254 Whitsett Avenue

Multi-Family Home for sale in North Hollywood, CA

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