5919 Whitnall Hwy North Hollywood, CA 91601
Value-add six-unit apartment building in prime North Hollywood location.
Lot size:
0.11 AcresProperty Features for 5919 Whitnall Hwy
General Information
- Lot size
- 0.11 Acres
Building Details
- Year built
- 1953
Source: NorthMarq Realty Services, Inc.
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
North Hollywood Multifamily Investment Opportunity
Located in North Hollywood, 5919 Whitnall Highway is a 6-unit multifamily investment property. Constructed in 1953, the two-story garden-style walk-up building is situated on a 5,004 square foot lot. The unit mix includes two studios and four one-bedroom, one-bathroom units. A detached structure at the rear of the lot provides four covered parking spaces. The interiors are largely in original condition or have seen only modest updates, presenting an opportunity for renovation of both the unit interiors and exterior facade. With in-place rents approximately 38% below market, 5919 Whitnall Highway offers potential for income growth through unit turnover and repositioning. The property benefits from current cash flow paired with long-term upside.
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- North Hollywood
- County
- Los Angeles
- State
- California
- Longitude
- -118.3650183
- Latitude
- 34.1781787
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FAQs
What type of property is this?
Apartment building - Value-add six-unit apartment building in prime North Hollywood location.
Where is this apartment building located?
The property is located at 5919 Whitnall Hwy North Hollywood, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: - Significant income growth potential with in-place rents approximately 38% below market.; - Value-add opportunity through strategic renovation of unit interiors and exterior facade.; - Stable current cash flow paired with substantial long-term upside.