6254 Whitsett Avenue

North Hollywood, CA 91606

$1,475,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $289 / sqft

1956

calendar_month Built

Property Description

INVESTMENT HIGHLIGHTS: Marketing Package attached under Docs. Six (6) Large Units Located on Desirable Whitsett Avenue in North Hollywood; Apartments Average 848 square feet of Space; Current Cap Rate equal to 5.06%; Unit Mix of Two 2 Bd/1Ba and Four 1 Bd/1Ba Apartments; No Seismic Retrofit Needed; Per Apartments.com : "As of April 2024, the average rent in North Hollywood, CA is $1,875 per month. This is 24% higher than the national average rent price of $1,514/month, making NorthHollywood one of the most expensive cities in the US. When you rent an apartment in North Hollywood, you can expect to pay about $1,735 per month for a studio, $1,875 for a one-bedroom apartment, and around $2,414 for a two-bedroom apartment."

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 6254 Whitsett Avenue
City North Hollywood
State CA
Zip 91606
County Los Angeles
Listing Agent Jeanette Monfared DRE#00765098
Courtesy Of Marcus & Millichap
MLS 24386893
List Price $1,475,000
Status Pending
Type Residential Income
Structure Size N/A
Lot Size 6,751
Year Built 1956
DOM 15

Exterior Information

Maps

Listing information courtesy of: Jeanette Monfared, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of May 16th, 2024 at 4:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.