Mixed-Use Income Property with
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
(818) 841-0330
Listed By:
Eugenia Hernandez · License #00861063
(818) 841-0330
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.
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
NOI $110,160 @ 7.0% cap · market cap 6.40%
Second Best
Multifamily LT 5
$1.36M
$1.19M – $1.58M
NOI $95,002 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$2.91M
$2.55M – $3.40M
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
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