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For SaleLuxury

$2,395,000

6,015 sqft$398/sqft58 days on market

5631 Whitnall Highway

Los Angeles, CA 91601

· 8% down, 7% APR, 30yr fixed

12

Beds

14

Baths

6,015

Square feet

2021

Built

Listing narrative

Description

The Highlight Group of Equity Union Commercial, as the exclusive listing agent, is pleased to present the opportunity to acquire 5631 Whitnall Hwy., a condo quality four-unit multifamily investment property located in the North Hollywood neighborhood of Los Angeles. Built in 2021, the 6,015 square foot property sits on a 5,000 square-foot lot and is arranged as two buildings addressed 5631, 5631, 5633 and 5633.All four homes are three-bedroom plans averaging 1,504 square feet. Because the improvements were completed in 2021, the property is currently exempt from the Los Angeles Rent Stabilization Ordinance and from the statewide cap on new construction, and one of the four units is vacant and available to lease at market today. UNIT DETAILS: Units 5631 and 5631 are 3Bed+3.5Bath plans. Units 5633 and 5633 are 3Bed+3Bath plans. Across 6,015 square feet of building area the four homes average 1,504 square feet, materially larger than the surrounding rental stock and closer in scale to a small single-family home. Kitchens are finished with stainless steel appliance packages, including gas range/oven, refrigerator, microwave, and dishwasher, complemented by premium hardwood cabinetry and white tile backsplashes. Bedrooms are generously sized and include walk-in closets with built-in shelving for added storage. Bathrooms feature glass sliding shower doors, oversized vanities, and white tile finishes that create a spa-like feel. Each unit is further enhanced by a private two-car garage, central A/C and heating, in-unit laundry, recessed lighting, neutral-toned hardwood flooring, and a private balcony with neighborhood views. This combination of unit quality and functionality positions the property to command premium rents and attract long-term, quality tenants.

Listing agent (MLS): Troy Lucero Jr. · Listing brokerage (MLS): Equity Union

Property Details

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Price

$2,395,000

Beds

12 bd

Type

House

Home Size

6,015 sqft

Baths

14

Lot Size

0.11 acres

Year

2021

Status

For Sale

Days on Market

58

$ / Sqft

$398

· 8% down, 7% APR, 30yr fixed
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Courtesy of Equity Union