Multifamily
For Sale
$1,395,000
6925 Whitsett, North Hollywood, CA 91605
Constructed in 1957, this multifamily property is located in North Hollywood.
Property Size5,278 SF
Days on Market90
Property Features for 6925 Whitsett
General Information
Standard status
Active
Size
5,278 SF
Property subtype
Apartment
Building Details
Building Size
5,278 SF
Year Built
1957
Listing Agency:
PWR Properties
Listed By:
Norair Aprahamian · License #01874887
(818) 624-3383
Source:
Archetyperealty
Added: Jul 29
Changed: Oct 26
Last Checked: Oct 24 at 11:45PM
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 PWR Properties
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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
Estimated NOI and Cap Rate
NOI / Yr
$84,927
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,698,540
$1.7M
Cap Rate 7%
$1,213,243
$1.2M
Cap Rate 9%
$943,633
$943.6K
Market Conditions
NOI Build-Up for 5,278 SF
Gross rent
$167.8K $31.80/SF
− Vacancy
−$13.4K −$2.54/SF
EGI
$154.4K $29.26/SF
− OpEx
−$69.5K −$13.17/SF
NOI
$84.9K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,698,540
Cap Rate 7%
$1,213,243
Cap Rate 9%
$943,633
Alternative Uses
Best Use
Apartment 5plus
$1.21M
$1.06M – $1.42M
NOI $84,927 @ 7.0% cap · market cap 6.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.83M
$2.47M – $3.30M
NOI $197,807 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,703
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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 $1,395,000.
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
