$1,050,000

Estimated payment $6,761/month

Total Views 1,201
4 Beds
6 Baths
3,520 Sq Ft
$298 Price per Sq Ft

About This Home

5919 Whitnall Highway is a 6-unit value-add multifamily investment located in the heart of North Hollywood. Built in 1953, the property sits on a 5,004 square foot lot and features a desirable unit mix of two (2) studios and four (4) one-bedroom, one-bathroom units in a two-story garden-style walk-up building. A detached structure at the rear of the lot provides four covered parking spaces. While the property has been well maintained by long-term ownership, the interiors remain largely in original condition or have seen only modest updates. This presents a compelling opportunity for a new owner to implement a strategic renovation plan for both the unit interiors and exterior facade. With in-place rents approximately 38% below market, 5919 Whitnall Highway offers significant potential for income growth through unit turnover and repositioning. The property benefits from stable current cash flow paired with substantial long-term upside.

Listing Agent

Elliot Hassan

NorthMarq Realty Services, Inc. License #01481211 Listed on: 08/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,007 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units
  • Vacancy Allowance $2,446

Listing and Financial Details

  • Assessor Parcel Number 2415-013-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3520
  • Lot Acreage: 0.1149
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 298.30

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 482314
  • Assessed Land Percent: 40
  • Assessed Land Value: 321540
  • Total Assessed Value: 803854
  • Assessor Parcel Number: 2415-013-010
  • Lot Size Area: 5007

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.88
  • Number Of Units: 6
  • Total Annual Expense: 35566
  • Type Of Units: Income
  • Vacancy Allow: 2446
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: None

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $1,050,000 -- $298 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25575737

The MLS