Multifamily
New
For Sale
$1,495,000
6925 Whitsett, North Hollywood, CA 91605
Constructed in 1957, this multifamily property is located in North Hollywood.
Days on Market6
Property Features for 6925 Whitsett
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Residential Income
Net Operating Income
$91,388
Amenities
Sidewalks
Building Details
Building Size
5,278 SF
Year Built
1957
Buildings
1
Stories
2
Listing Agency:
(818) 624-3383
Listed By:
Norair Aprahamian
(818) 624-3383
Source:
Evrealestate
Added: Jul 29
Changed: Aug 2
Last Checked: Aug 3 at 4:20AM
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 Norair Aprahamian
Investment Insights
Based on property information with market context.
This multifamily property at 6925 Whitsett was constructed in 1957. The address is in North Hollywood, California, within Los Angeles County.
The property is situated on Whitsett between Sherman Way and Vanowen, providing a clearly identified position within the local street network.
The property is situated on Whitsett between Sherman Way and Vanowen, providing a clearly identified position within the local street network.
Key Highlights
- Constructed in 1957
- Located at 6925 Whitsett, North Hollywood, CA 91605
- Positioned on Whitsett between Sherman Way and Vanowen
Financial Insights For Apartment 5plus
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 | $167.8k | $31.80 |
| − Vacancy | −$13.4k | −$2.54 |
| EGI | $154.4k | $29.26 |
| − OpEx | −$69.5k | −$13.17 |
| NOI | $84.9k | $16.09 |
5,278 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.21M
$1.06M – $1.42M
NOI $84,927 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.83M
$2.47M – $3.30M
NOI $197,807 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,420
Businesses Nearby
Explore this area
Business Placement
Demographics for 91605, CA
54,341
Population
17,206
Households
3.2
Avg Household Size
36
Median Age
22%
College-Educated
71%
High-School Grad
5.4 sq mi
ZIP Area
10,063
Density / Sq Mi
$64,539
Median Household Income
$32,751
Median Earnings
$1,736
Median Rent
$729,900
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?
Multifamily property - Constructed in 1957, this multifamily property is located in North Hollywood.
Where is this multifamily property located?
The property is located at 6925 Whitsett North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Constructed in 1957; Located at 6925 Whitsett, North Hollywood, CA 91605; Positioned on Whitsett between Sherman Way and Vanowen
