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5665 Whitnall Highway, North Hollywood, CA, 91601
Mixed-Use Income Property with Parking

5665 Whitnall Highway North Hollywood, CA 91601

For Sale
$1,720,000

Mixed-use building featuring three residential units and two commercial units with ample on-site parking.

Property Size5,440 SF
Price / SF$316.18
Days on Market78

Property Features for 5665 Whitnall Highway

General Information

Standard status
Active
Size
5,440 SF
Property subtype
Commercial Sale / Mixed Use

Building Details

Year Built
1984
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Listed By: Eugenia Hernandez · License #00861063
Source: Compass
Added: May 7 Changed: Jul 21 Last Checked: Jul 23 at 10:46AM

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 BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate


Investment Insights

Based on property information with market context.

This mixed-use income property includes three residential units and two commercial units within the same building. The offering also provides ample parking on site, supporting day-to-day tenant and customer access.

The property is located in North Hollywood, CA, and is currently occupied by tenants. Please do not disturb tenants.

For buyers looking for a combined residential and commercial setup, the layout provides separate unit types under one ownership, with parking available for the building.

Key Highlights

  • Mixed‑use building with 3 residential units and 2 commercial units
  • Year built 1984
  • Ample on‑site parking

Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $195.8k $36.00
− Vacancy −$19.6k −$3.60
EGI $176.3k $32.40
− OpEx −$66.1k −$12.15
NOI $110.2k $20.25
5,440 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$1.57M
$1.38M – $1.84M (±1% cap)
NOI $110,160 @ 7.0% cap · market cap 6.40%
Second Best
Multifamily LT 5
$1.36M
$1.19M – $1.58M (±1% cap)
NOI $95,002 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$2.91M
$2.55M – $3.40M (±1% cap)
NOI $203,879 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

EZ Name Change Law Firm Nationwide Legal Network Law Firm Paul Diaz Insurance ... Insurance Agency Farmers Insurance - Paul ... Insurance Agency LJR Computer Services (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Butcher (Bike/Boat/Book/etc) Store Supermarket (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Tanning Salon (Bike/Boat/Book/etc) Store Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Mixed-use building featuring three residential units and two commercial units with ample on-site parking.
Where is this triplex located?
The property is located at 5665 Whitnall Highway North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,720,000.
What are key features of this property?
This property features: Mixed‑use building with 3 residential units and 2 commercial units; Year built 1984; Ample on‑site parking
More about this property
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