Skip To Content
    Return to Previous Page

    7045 Whitsett Ave

    North Hollywood, CA 91605
    • $1,480,000
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: 20-589582
    $1,480,000
    • 10
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,958
      SQFT
    • $299
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    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.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-03T23:42:23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/106773821
    Print Image

    7045 Whitsett Ave North Hollywood, CA 91605

    • Price: $1,480,000
    • Status: Active
    • ID#: 20-589582
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,958
    SQFT
    $299
    $/SQFT
    1956
    Built
    Neighborhood:
    North Hollywood
    County:
    Los Angeles
    Area:
    North Hollywood
    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.
    Exterior Features

    Lot Size Area 7913 Other Structures None Parking Garage Gated Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Total Parking 3

    Interior Features

    Baths Total 7.00 Cooling Wall Unit(S) Equipment Range/Oven Heating Other Laundry Community

    Property Features

    Assessed Total Value 1040400 Gross Income 106938 Gross Operating Income 106938 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 62198.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 44740 Type Of Units 1+12+13+2 Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Elliot Hassan DRE#01481211 of James Capital Advisors, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-03T23:42:23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-589582-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-589582-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-589582-2.jpg
    Logo
    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355