We are pleased to present a 4 unit value add investment opportunity near Oxnard and Vineland in North Hollywood with approximately 34% rental upside! Excellent unit mix of two 2 bedroom / 1 bath units and 2 one bedroom / 1 bath units. The well-maintained building features a brand new roof, new windows, and in-unit improvements such as granite countertops, remodeled bathrooms, and updated flooring. Uncovered parking in the front of the building with 4 parking spaces which may be converted to ADUs for additional rental income. Minutes away from the new NoHo West Shopping Center, NoHo Arts District, Burbank Airport, and the numerous restaurants, theaters, and art galleries on Lankershim Boulevard, the property is in a booming rental market, making it a solid investment opportunity.
Sold for $1,000,000
Listed by: Keller Williams Realty Calabasas • Anie Mayelian • 818-657-6500
Bought with: Keller Williams Realty Calabasas
$1,000,000
5965 Whitnall Hwy, North Hollywood, CA 91601
6beds
4baths
2,392sqft
Quadruplex
Built in 1954
-- sqft lot
$1,190,500 Zestimate®
$418/sqft
$2,965 Estimated rent
Home value
$1,190,500
$1.08M - $1.31M
$2,965/mo
Zestimate® history
Owner options
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$2,965/mo
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$2,965/mo
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$6,390/mo
Est. payment
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$6,390/mo
Est. payment
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List your homeWhat's special
Brand new roofUncovered parkingArt galleriesWell - maintained buildingNew windowsRemodeled bathroomsNumerous restaurants
Zillow last checked:
Listing updated:
Listed by:
Anie Mayelian DRE #00778825 818-657-6500,
Keller Williams Realty Calabasas,
Aleen Mayelian DRE #02198281,
Keller Williams Realty Calabasas
Bought with:
Aleen Mayelian, DRE #02198281
Keller Williams Realty Calabasas
Anie Mayelian, DRE #00778825
Keller Williams Realty Calabasas
Source: CRMLS,MLS#: SR24066611
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,392
- Total interior livable area: 2,392 sqft
Property
Parking
- Total spaces: 4
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Whitnall Hwy
- Pool features: None
Lot
- Size: 5,079 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 2415012027
- Zoning: LAC2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Park, Storm Drain(s), Street Lights, Sidewalks
Location
- Region: North Hollywood
Financial & listing details
- Price per square foot: $418/sqft
- Tax assessed value: $1,040,400
- Date on market: 4/4/2024
- Cumulative days on market: 11 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA
- Total actual rent: 73675
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2024 | Sold | $1,000,000$418/sqft |
Source:  CRMLS #SR24066611 Report a problem | ||
| 5/8/2024 | Pending sale | $1,000,000$418/sqft |
Source: CRMLS #SR24066611 Report a problem | ||
| 4/16/2024 | Contingent | $1,000,000$418/sqft |
Source: CRMLS #SR24066611 Report a problem | ||
| 4/4/2024 | Listed for sale | $1,000,000+640.7%$418/sqft |
Source: CRMLS #SR24066611 Report a problem | ||
| 5/28/1997 | Sold | $135,000+3.8%$56/sqft |
Source: Public Record Report a problem | ||
| 2/10/1997 | Sold | $130,000$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,040,400 +2% |
| 2025 | $12,548 +262.7% | $1,020,000 +299.3% |
| 2024 | $3,460 +1.8% | $255,454 +2% |
| 2023 | $3,399 +4.6% | $250,446 +2% |
| 2022 | $3,250 +1.6% | $245,536 +2% |
| 2021 | $3,199 -0.8% | $240,722 +1% |
| 2020 | $3,226 | $238,255 +2% |
| 2019 | $3,226 +6.6% | $233,585 +2% |
| 2018 | $3,027 | $229,006 +2% |
| 2017 | $3,027 +2.2% | $224,517 +2% |
| 2016 | $2,963 +3.2% | $220,116 +1.5% |
| 2015 | $2,872 +0.1% | $216,811 +2% |
| 2014 | $2,869 | $212,565 +2.5% |
| 2012 | -- | $207,457 +2% |
| 2011 | -- | $203,390 +0.8% |
| 2010 | -- | $201,870 -0.2% |
| 2009 | -- | $202,350 +2% |
| 2008 | -- | $198,384 +2% |
| 2007 | -- | $194,495 +2% |
| 2006 | -- | $190,682 |
| 2005 | -- | $190,682 +4% |
| 2004 | -- | $183,279 +1.9% |
| 2003 | -- | $179,921 +2% |
| 2002 | -- | $176,395 +4% |
| 2000 | -- | $169,547 |
Find assessor info on the county website
Neighborhood: North Hollywood
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Nearby schools
GreatSchools rating
- 6/10Oxnard Street Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Walter Reed Middle SchoolGrades: 6-8Distance: 2.1 mi
- 3/10East Valley Senior High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$1,190,500
Get a cash offer in 3 minutes
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Estimated market value
$1,190,500
- California
- Los Angeles County
- Los Angeles
- 91601
- North Hollywood
- 5965 Whitnall Hwy
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