Exceptional investment opportunity in the highly desirable Toluca Lake neighborhood of North Hollywood.
Brand-new 2025 multifamily property featuring 14-unit offers approximately 13,719 square feet of living space and features an excellent unit mix of nine 1-bedroom/1-bath units and five 2-bedroom/1-bath units. Designed with functionality and tenant appeal in mind, the property boasts spacious and thoughtfully designed floorplans, private balconies, and in-unit washer and dryer for added convenience.
Eleven units include attached garage parking, a rare and highly attractive amenity in this prime rental market. Located in the sought-after Toluca Lake area, the property benefits from strong rental demand, close proximity to major studios, dining, shopping, and convenient freeway access. This is a turnkey opportunity ideal for investors seeking stable income in one of North Hollywood's most desirable and centrally located neighborhoods.
For sale
Listed by: JohnHart Real Estate • Raffi Soualian • Contact: 818-464-5819
Price cut: $505K (7/14)
$6,995,000
10652 Whipple St, North Hollywood, CA 91602
19beds
14baths
13,719sqft
:
Get pre-qualified$46,078/mo
Mixed Use
Built in 2025
-- sqft lot
$-- Zestimate®
$510/sqft
$-- HOA
What's special
- 134 days |
- 172 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Raffi Soualian DRE #01887303 818-464-5819,
JohnHart Real Estate,
Taline Soualian DRE #01937721 818-246-1099,
JohnHart Real Estate
Source: CRMLS,MLS#: GD26039704
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 19
- Bathrooms: 14
Rooms
- Room types: Kitchen, Laundry, Living Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
- Laundry: Inside, Laundry Closet
Features
- High Ceilings, Open Floorplan, Recessed Lighting
- Flooring: Laminate
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 13,719
- Total interior livable area: 13,719 sqft
Video & virtual tour
Property
Parking
- Total spaces: 11
- Parking features: Garage
- Garage spaces: 11
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Front Door
- Pool features: None
Lot
- Size: 9,524 Square Feet
- Features: 11-15 Units/Acre
Details
- Parcel number: 2423023023
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: North Hollywood
Financial & listing details
- Price per square foot: $510/sqft
- Tax assessed value: $110,965
- Annual tax amount: $1,720
- Date on market: 3/11/2026
- Cumulative days on market: 135 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Tenant pays: Cable TV, Electricity, Gas, Sewer, Water
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
$2,541/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $6,995,000-6.7%$510/sqft |
Source:  CRMLS #GD26039704 Report a problem | ||
| 5/13/2026 | Price change | $7,500,000-4.9%$547/sqft |
Source: CRMLS #GD26039704 Report a problem | ||
| 3/12/2026 | Listed for sale | $7,888,888$575/sqft |
Source: CRMLS #GD26039704 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,720 +5% | $110,965 +2% |
| 2024 | $1,638 +11.9% | $108,790 +2% |
| 2023 | $1,464 +4.6% | $106,657 +2% |
| 2022 | $1,399 +1% | $104,566 +2% |
| 2021 | $1,385 -38% | $102,516 -30% |
| 2020 | $2,235 | $146,471 +2% |
| 2019 | $2,235 +10.8% | $143,600 +2% |
| 2018 | $2,017 | $140,785 +2% |
| 2017 | $2,017 +2.1% | $138,025 +2% |
| 2016 | $1,976 +3.8% | $135,320 +1.5% |
| 2015 | $1,903 -0.2% | $133,288 +2% |
| 2014 | $1,908 | $130,678 +2.5% |
| 2012 | -- | $127,539 +2% |
| 2011 | -- | $125,039 +0.8% |
| 2010 | -- | $124,105 -0.2% |
| 2009 | -- | $124,401 +2% |
| 2008 | -- | $121,963 +2% |
| 2007 | -- | $119,573 +2% |
| 2006 | -- | $117,229 |
| 2005 | -- | $117,229 +4% |
| 2004 | -- | $112,678 +1.9% |
| 2003 | -- | $110,614 +2% |
| 2002 | -- | $108,446 +4% |
| 2000 | -- | $104,237 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Toluca Lake
Nearby schools
GreatSchools rating
- 7/10Rio Vista Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Walter Reed Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10East Valley Senior High SchoolGrades: 9-12Distance: 1.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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