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.
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