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Additional details
$ 1,595,000
Est. payment | /mo
10 Beds
9 Baths
5,008 SqFt
$ 1,595,000
Est. payment | /mo
10 Beds
9 Baths
5,008 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,008 sqft
Price per Sqft $318
MLS Listing ID 26638843
Bedrooms 10
HOA Y/N No
Year Built 1961
Lot Size 4,904 Sqft
Property Description
The LAAA Team of Marcus & Millichap is pleased to present 5905 Whitnall Highway, an eight-unit multifamily investment opportunity located in the heart of North Hollywood. This offering provides investors with an attractive entry point into one of the San Fernando Valley's most dynamic rental submarkets, characterized by strong tenant demand, limited new supply, and long-term rental growth drivers. The property's diversified unit mix, infill location, and in-place rents that are well below current market levels position the asset for both stable cash flow and meaningful upside through operational efficiencies and rent mark-to-market strategies.The subject property is an eight-unit multifamily asset improved with a well-balanced mix of unit types, including one studio ADU, four onebedroom/ one-bath units, two two-bedroom/one-bath units, and one two-bedroom/two-bath unit. Constructed in 1961, the building encompasses approximately 5,008 square feet of living area on a roughly 4,905-square-foot lot and is zoned LAR3, allowing for increased density and long-term redevelopment optionality. The diverse floorplan composition appeals to a broad tenant base while below-market in-place rents provide a clear value-add opportunity through interior upgrades, improved management, and natural tenant turnover. Situated in North Hollywood, the property benefits from proximity to major employment centers, transit corridors, and lifestyle amenities that continue to drive renter demand. The neighborhood is anchored by access to the NoHo Arts District, major thoroughfares including the 170 and 101 Freeways, and a wide array of retail, dining, and entertainment options. This infill location, combined with the area's ongoing revitalization and strong demographic fundamentals, supports sustained rental demand and positions 5905 Whitnall Highway as a compelling long-term hold in a supply-constrained, high-demand Los Angeles submarket.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features Public
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2415013013
Special Listing Condition Standard
Listed by Filip Niculete Marcus & Millichap