Five-Unit Mixed-Use
For Sale
$1,625,000
5665 Whitnall, North Hollywood, CA 91601
Commercial and residential spaces share one building with on-site parking.
Property Size5,440 SF
Days on Market131
Property Features for 5665 Whitnall
General Information
Standard status
Active
Size
5,440 SF
Property subtype
Mixed Use
Additional Details
Multifamily Units
3
Building Details
Building Size
5,440 SF
Year Built
1984
Buildings
1
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Listed By:
Eugenia Hernandez · License #00861063
(818) 841-0330
Source:
Truthrealty
Added: Jun 3
Changed: Oct 10
Last Checked: Oct 10 at 1:40AM
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 property contains five units, including two commercial spaces and three residential units. The building was constructed in 1984 and includes on-site parking for occupants and visitors.
Located at 5665 Whitnall in North Hollywood, the property combines commercial and residential occupancy within a single building. Its unit mix provides a straightforward basis for mixed-use ownership and operations.
Located at 5665 Whitnall in North Hollywood, the property combines commercial and residential occupancy within a single building. Its unit mix provides a straightforward basis for mixed-use ownership and operations.
Key Highlights
- Two commercial units and three residential units
- Five total units within one mixed‑use building
- Constructed in 1984
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,160
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,203,200
$2.2M
Cap Rate 7%
$1,573,714
$1.6M
Cap Rate 9%
$1,224,000
$1.2M
Market Conditions
NOI Build-Up for 5,440 SF
Gross rent
$195.8K $36.00/SF
− Vacancy
−$19.6K −$3.60/SF
EGI
$176.3K $32.40/SF
− OpEx
−$66.1K −$12.15/SF
NOI
$110.2K $20.25/SF
Area
Los Angeles County, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,203,200
Cap Rate 7%
$1,573,714
Cap Rate 9%
$1,224,000
Alternative Uses
Best Use
Mixed Use
$1.57M
$1.38M – $1.84M
NOI $110,160 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$1.25M
$1.09M – $1.46M
NOI $87,534 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$2.91M
$2.55M – $3.40M
NOI $203,879 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,995
Businesses Nearby
Explore this area
Business Placement
Demographics for 91601, CA
39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial and residential spaces share one building with on-site parking.
Where is this mixed-use property located?
The property is located at 5665 Whitnall North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Two commercial units and three residential units; Five total units within one mixed‑use building; Constructed in 1984
