4-Bedroom ResidentialIncome — 5919 Whitnall Highway, North Hollywood, CA
$999,000
5919 Whitnall Highway, North Hollywood, CA
About this property
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.
Property details
Location
5919 Whitnall Highway • North Hollywood, CA 91601
Listed by
Elliot Hassan · NorthMarq Realty Services, Inc.