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$ 3,850,000
Est. payment | /mo
5 Beds
5 Baths
$ 3,850,000
Est. payment | /mo
5 Beds
5 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25197224
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Motivated market Seller! Bring all offers. 6635 Wilkinson Avenue presents a great opportunity to acquire a 17-unit multifamily property in the highly desirable Valley Glen pocket of North Hollywood, one of the most stable rental submarkets in the San Fernando Valley. The property offers a balanced and versatile unit mixincluding 6 one-bedroom units, 8 two-bedroom units, and additional layouts ranging from studios to spacious three-bedroom residencescatering to a wide spectrum of renter demand. With a conservative 43% expense ratio (no broker math) and a true in-place cap rate of 5.34%, the asset delivers strong and reliable cash flow, making it both an attractive cash-flowing investment and a long-term hold. Located along the newly repaved Whitsett Avenue, the asset sits within a quiet, residential neighborhood that still benefits from its proximity to major employment and cultural centers. Just minutes away, the NoHo Arts District offers a vibrant collection of theaters, dining, and creative studios, while the nearby Metro B/G Line station at North Hollywood provides direct transit access to Hollywood, Downtown LA, and beyond. Within walking distance, tenants also have access to local parks, recreational fields, and community amenities, further enhancing the propertys renter appeal.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Just south of Archwood St. & Whitsett Ave.
Interior
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 2333002042
Listed by Matthew Sillaman West Shores Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "