6254 Whitsett Avenue, North Hollywood, CA 91606
- $1,375,000
- 8
- BD
- 6
- BA
- 5,088
- SqFt
List Agent Jeanette Monfared () 818-212-2752 Marcus & Millichap; CoList () Courtesy of Selling Office: Marcus & Millichap, Jeanette Monfared - Selling Agent DRE# and Courtesy of Listing Office Marcus & Millichap, Jeanette Monfared - Agent DRE#
- Sold Price
- $1,375,000
- List Price
- $1,475,000
- Closing Date
- Jul 09, 2024
- Status
- CLOSED
- MLS#
- 24386893
- Year Built
- 1956
- Bedrooms
- 8
- Bathrooms
- 6
- Living Sq. Ft
- 5,088
- Lot Size
- 6,751
- Days on Market
- 14
- Property Type
- Multifamily
- Stories
- Two Levels
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."
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Additional Information
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
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