Properties
North Hollywood, CA 91606 6731 Whitsett Avenue
$2,000,000
38 more
Presented By: Richard Caley with Coastal Equities California Real Estate Brokers; 562-357-5544
Baths • 1
SQFT • 7,674
Home Details
This is an exclusive opportunity to acquire 6731 Whitset, a multi-family building comprised of four 2 BD/1 BA units and six 1 BD/1BA units and ideally located in the heart of North Hollywood, CA. With excellent proximity to shopping, entertainment districts, and restaurants, this community is an attractive destination for vacations, business trips, and urban young professionals. The property has been owned by the same family since 1989. Four of the units have been recently remodeled. The landings and staircases were rebuilt in 2025. The other units have been renovated as tenants have moved out. The building was tented for termites and wood repairs, completed in July 2024. A new Boiler was installed in February 2025, and the railings were modified to conform with Insurance Company guidelines in 2026. There are 6 covered and 5 uncovered parking spaces with a gated alley entrance to the parking area. The parking area was resurfaced in 2026. Units are individually metered for gas and electricity.
Presented By: Richard Caley with Coastal Equities California Real Estate Brokers; 562-357-5544
Interior Features for 6731 Whitsett Avenue
Other Interior Features
Air Conditioning Y/NNo
Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 6731 Whitsett Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.5
Carport Spaces6
Carport Y/NYes
CityNorth Hollywood
Community FeaturesSidewalks
CoolingNone
CountyLos Angeles
Current FinancingFannie Mae
DirectionsExit Victory Blvd West, Turn North on Whitset Ave. Property will be on the left hand side.
Entry Location1
Garage Spaces
Garage Y/NNo
Gross Income1399
HOANo
HOA Fee$
Insurance Expense7371
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan
Lot Size Square Feet11172
Lot Size UnitsSquare Feet
MLS AreaNHO - North Hollywood
Net Operating Income115845
New ConstructionNo
Number Of Units Total10
Number of Units Leased10
Open Parking Spaces5
Operating Expense73464
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityNORTH HOLLYWOOD
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count2
Tax Lot4
Tenant PaysElectricity, Gas
Total Actual Rent189309
Trash Expense2833
Water Sewer Expense13383
Year Built1957
Year Built SourceAssessor
Exterior for 6731 Whitsett Avenue
Building Area Total7674
Lot FeaturesNear Public Transit
Lot Size Acres0.2565
Lot Size Area11172
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters1
Private PoolNo
Total Parking11
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
