DIANNE SPEAKER

<!-- Facebook Pixel Code -->
<script>
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,'script',
'https://connect.facebook.net/en_US/fbevents.js');
fbq('init', '399349207608427');
fbq('track', 'PageView');
</script>
<noscript><img height="1" width="1" style="display:none"
src="https://www.facebook.com/tr?id=399349207608427&ev=PageView&noscript=1"
/></noscript>
<!-- End Facebook Pixel Code -->

DIANNE SPEAKER

COLDWELL BANKER TOWN & COUNTRY

300 E.STATE STREET STE 502 REDLANDS CA 92373

DIANNE SPEAKER
300 E.STATE STREET STE 502 REDLANDS CA { 92373
(909) 553-1924

Please log out to access consumer Login\Registration

34.176933 -118.36373
  1. Search Nearby Homes

5851 Whitnall Highway NORTH HOLLYWOOD, CA 91601

327181516 34.176933 -118.36373 124 /listing/327181516-150133632/5851-whitnall-highway-north-hollywood-ca-91601 False 0 1300000.0 4888 105 8 7 23233027 False
  • $1,300,000
  • 8 bd
  • 7 ba
  • 4,888 sqft
  • 0.12 lot
  • Est payment $6978.68/mo
1 / 7
NORTH HOLLYWOOD CA Property Listing Photo
1 / 7
NORTH HOLLYWOOD CA Property Listing Photo
1 / 7
NORTH HOLLYWOOD CA Property Listing Photo
1 / 7
NORTH HOLLYWOOD CA Property Listing Photo
1 / 7
NORTH HOLLYWOOD CA Property Listing Photo
1 / 7
NORTH HOLLYWOOD CA Property Listing Photo
1 / 7
NORTH HOLLYWOOD CA Property Listing Photo
DIANNE SPEAKER
DIANNE SPEAKER
(909) 553-1924
300 E.STATE STREET STE 502 REDLANDS CA 92373

Request More Info

Property Information

  1. 8 Beds
  2. 7 Baths
  3. 4,888 Sq. Ft.
  4. 0.12 Lot

Multi-Family in North Hollywood

This is an opportunity to acquire 5851 Whitnall Hwy, a 7-unit value add opportunity located in North Hollywood. Built in 1962, 5851 Whitnall Hwy offers a subsequent owner with a resilient in place cash flow with substantial upside potential as current rents are approximately 45% below market. An astute investor will unlock this potential through strategic interior and exterior community enhancements as there is a high demand for product in the North Hollywood Submarket. 5851 Whitnall is has been well maintained by current ownership and various improvements have been made to the building throughout ownership. However, the unit interiors are either in near-original condition or have been modestly upgraded, affording the subsequent owner the opportunity to strategically reposition the unit interiors upon natural turnover or through a more aggressive management approach. The building is situated on a 5,110 square foot parcel and is comprised of one two story building with soft story tuck under parking. The property features a unique unit mix comprised of (5) one-bedroom/one-bathroom units measuring approximately 650 square feet and (2) two-bedroom/ one-bathroom units measuring just over 800 square feet.

Courtesy Of Elliot Hassan, DRE#01481211, NorthMarq Realty Services, Inc.

Main Features

  • Listing Status: Active
  • Year Built: 1962
  • County: LOS ANGELES
  • Units: 7
  • Zoning: LAR3
  • MLS Number:23233027

Additional Features

  • Building Square Feet:
    • 4888
  • New Construction:
    • N
  • Parking:
    • Assigned
  • Heating:
    • WallFurnace
  • Number of Buildings:
    • 1
  • Gross Income:
    • 85720
  • Net Operating Income:
    • 46945
  • HOA:
    • N
  • Special Conditions:
    • Standard
  • Cap Rate:
    • 3.61
  • DOM:
    • 14
  • Listing Service:
    • FullService
  • Listing Type:
    • SellerReserved
  • Listing Key:
    • 1032439521
  • Parcel Number:
    • 2415015008
  • Public Document Count:
    • 0
  • Quarter Bath:
    • 0
  • Three Quarter Bath:
    • 0
Neighborhood info courtesy of Homes.com © 2023

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

Request More Info

34.176933 -118.36373
  1. Search Nearby Homes

5851 Whitnall Highway NORTH HOLLYWOOD, CA 91601

327181516 34.176933 -118.36373 124 /listing/327181516-150133632/5851-whitnall-highway-north-hollywood-ca-91601 False 0 1300000.0 4888 105 8 7 23233027 False
  • $1,300,000
  • 8 bd
  • 7 ba
  • 4,888 sqft
  • 0.12 lot
  • Est payment $6978.68/mo