5851 Whitnall Hy,
North Hollywood, CA 91601
已成交 成交價: $122萬 成交日期: 2023年08月18日
卧室: 8 浴室: / 其他類型
房屋信息

其他類型

4888平方英呎
(454平方米)

5110 平方英呎
(475平方米)

1962 年

2

7 停車位

暖: WL

地產編號: 23233027
所處郡縣: LA
面積單價:$255.73/sq.ft ($2,753 / 平方米)
車位類型:AS
房屋簡介

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.

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