Five-Unit Residential Income
For Sale
Contact for pricing
Pending
6716 Whitsett Ave, Los Angeles, CA 91606
Five-unit multifamily asset with some remodeled units and current 100% rent collection.
Property SizeContact for details
Days on Market144
Property Features for 6716 Whitsett Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Cap Rate
4.49%
Multifamily Units
5
Listing Agency:
Marcus & Millichap - Encino
Listed By:
Janette Monfared · License #CA 00765098
Source:
Crexi
Added: Apr 12
Changed: Aug 16
Last Checked: Aug 30 at 7:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
The offering is a five-unit residential income property in Los Angeles. The building includes some remodeled units, and the units are described as large and bright, averaging 923 square feet. The current operating performance in the materials reflects 100% rent collection, and it is noted that there are no seismic retrofit expenses associated with the property. The offering also cites a current cap rate of 4.49%.
The asset is located on Whitsett Avenue in North Hollywood.
The materials describe the opportunity as having value-add potential, including the ability to increase rents post-Covid through an allowable pass-through amount for retrofit correction.
The asset is located on Whitsett Avenue in North Hollywood.
The materials describe the opportunity as having value-add potential, including the ability to increase rents post-Covid through an allowable pass-through amount for retrofit correction.
Key Highlights
- 5‑unit multifamily asset on Whitsett Avenue in North Hollywood
- Current cap rate of 4.49%
- Some remodeled units
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
2,016
Businesses Nearby
Explore this area
Business Placement
Demographics for 91606, CA
43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily asset with some remodeled units and current 100% rent collection.
Where is this apartment building located?
The property is located at 6716 Whitsett Ave Los Angeles, CA.
What are key features of this property?
This property features: 5‑unit multifamily asset on Whitsett Avenue in North Hollywood; Current cap rate of 4.49%; Some remodeled units
