North Hollywood, CA 91605,7045 WHITSETT AVE
North Hollywood, CA 91605,7045 WHITSETT AVE
North Hollywood, CA 91605,7045 WHITSETT AVE
4
$1,425,000
$1,460,000
2.4%
Est.Price: ?

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10 BD
7 BA
4,958 SqFt

7045 WHITSETT AVE North Hollywood, CA 91605

Est. payment /mo
SOLD DATE : 09/16/2020

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Key Details

Sold Price $1,425,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,958 sqft

Price per Sqft $287

MLS Listing ID 20-589582

Sold Date 09/16/20

Bedrooms 10

Year Built 1956

Lot Size 7,913 Sqft

Acres 0.1817

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Wall Unit(s)

Equipment Range/Oven

Laundry Community

Exterior

Parking Features Gated

Garage Spaces 3.0

Pool None

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by James Capital Advisors, Inc.
Bought with James Capital Advisors, Inc.

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Julia Kim

Julia Kim

Broker Associate | License ID: 01904440

+1(213) 344-7110

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