5919 Whitnall Hwy, North Hollywood, CA 91601 - View 1
5919 Whitnall Hwy, North Hollywood, CA 91601 - View 2
5919 Whitnall Hwy, North Hollywood, CA 91601 - View 3
5919 Whitnall Hwy, North Hollywood, CA 91601 - View 4

5919 Whitnall Hwy, North Hollywood, CA 91601

List Price: $1,050,000On Market FlagOn market
Aug 7, 20253,520 sqft4 beds6 baths
Listed by: Elliot Hassan
License #: 01481211
Phone #: 310-488-7226
NorthMarq Realty Services, Inc.
Source:
CRMLS Logo
MLS #: 25575737

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$23,685

TurboHome Estimated Value

$1,314,500

$373 sqft

High Valuation
$1,380,225
$392/sqft
Normal Valuation
$1,314,500
$373/sqft
Low Valuation
$1,248,775
$355/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$373/sqft$1,314,500

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