$1,425,000
$1,460,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
7045 WHITSETT AVE North Hollywood, CA 91605
10 Beds
7 Baths
4,958 SqFt
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,958 sqft
Price per Sqft $287
MLS Listing ID 20-589582
Sold Date 09/16/20
Bedrooms 10
Year Built 1956
Lot Size 7,913 Sqft
Acres 0.1817
Property Sub-Type Multi-Family
Property Description
Strong North Hollywood Location - The subject property is located at 7045 Whitsett Ave, about two blocks north of Vanowen St, across from the Whitsett Sports Field in North Hollywood. Excellent Unit Mix - 2 & 3 Bedroom Units - The subject property consist of (2) 1 Bed / 1 Bath, (3) 2 Bed / 1 Bath & (1) 3 Bed / 2 Bath. Rental Upside - The subject property has the opportunity to grow the net operating income with approximately 19% in rental upside. Two Units Have Recent Renovations - Unit 3 & Unit 5 have been recently renovated with new kitchen cabinets, new flooring, new paint, bathroom fixtures, and appliances. Solid In-Place Income - The property provides a 4.20% cap on the in-place income.
Location
State CA
County Los Angeles
Area North Hollywood
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Other
Cooling Wall Unit(s)
Equipment Range/Oven
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 3.0
Pool None
Building
Story 2
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with James Capital Advisors, Inc.





