6207 Whitsett Avenue
North Hollywood, CA 91606
MLS #17227720

Income
  • 8units
  • 3,278sq ft
$1,795,000
Est. P&I payment: $6855.68/mo
6207 Whitsett Avenue, North Hollywood, CA 91606
  • 6207 Whitsett Avenue, North Hollywood, CA 91606 Photo 1
  • 6207 Whitsett Avenue, North Hollywood, CA 91606 Photo 2
  • 6207 Whitsett Avenue, North Hollywood, CA 91606 Photo 3
  • 6207 Whitsett Avenue, North Hollywood, CA 91606 Photo 4
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Description for 6207 Whitsett Avenue, North Hollywood, CA 91606
Increased Income - 14.68 GRM on current in-place rents -- 8 units, built in 1983* Not subject to rent control laws* New roof in 2014* All copper plumbing* All studio units with gas fireplaces* Four units at the front of the building have a balcony or patio* Large gated parking area at rear of property with alley access* Storage lockers on site* On-site laundry facility that produces additional income* Large separate garage that is rented for $400 per month* Not Subject to Soft Story Retrofit
MLS #17227720
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My Notes for MLS #17227720

General Features

  • Number Of Buildings: 1
  • Number Of Units Total: 8
  • Year Built: 1983
  • Zoning: LAR1
  • Improvements Amount: 629,455
  • Land Value: 487,320

Exterior Features

  • Stories Total: 2
  • Lot Size SqFt: 6,227
  • Lot Size Units: Square Feet

Utility Features

  • Laundry YN: 1
  • Laundry Features: See Remarks

Financial Features

  • CapRate: 4.39
  • Net Operating Income: 78,784
  • Price Per SqFt: 547.59
  • Total Expenses: 40,004
  • Gross Multiplier: 14.68
  • Gross Operating Income: 122,280

Miscellaneous Features

  • Building Area Total: 3,278
  • Days On Market: 197
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 197

Location

 
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Directions to 6207 Whitsett Avenue, North Hollywood, CA 91606
On Whitsett Avenue south of Victory Boulevard
Listing information for 6207 Whitsett Avenue, North Hollywood, CA 91606 was graciously provided by our friends at the listing brokerage, Matthews Retail Group, Inc. and by listing agent Harrington David DRE# 01320460

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Last Updated 01/21/2018 at 6:08am
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