6254 Whitsett Avenue, North Hollywood, CA 91606
Property
Sold July 2024
Listing Agent: Jeanette Monfared (DRE #00765098) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Jeanette Monfared · Marcus & Millichap · MLS #24386893 · Source: CRMLS
About this property
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."
Listing description from the July 2024 sale, as reported to CRMLS.
Sale history