5919 Whitnall Highway new

North Hollywood (los Angeles),CA 91601

$ 1050000

- Bed

0 Bath

3520 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,520 sqft

Price per Sqft $298

MLS Listing ID CL25575737

HOA Y/N No

Year Built 1953

Lot Size 5,007 Sqft

Acres 0.11

Property Sub-Type Other

Property Description

5919 Whitnall Highway is a 6-unit value-add multifamily investment located in the heart of North Hollywood. Built in 1953, the property sits on a 5,004 square foot lot and features a desirable unit mix of two (2) studios and four (4) one-bedroom, one-bathroom units in a two-story garden-style walk-up building. A detached structure at the rear of the lot provides four covered parking spaces. While the property has been well maintained by long-term ownership, the interiors remain largely in original condition or have seen only modest updates. This presents a compelling opportunity for a new owner to implement a strategic renovation plan for both the unit interiors and exterior facade. With in-place rents approximately 38% below market, 5919 Whitnall Highway offers significant potential for income growth through unit turnover and repositioning. The property benefits from stable current cash flow paired with substantial long-term upside.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 2415013010

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