Sold

Closed

6050 Whitsett Avenue

North Hollywood CA, 91606

$4,450,000


$290.36 per sqft

Sold

Closed

23 Beds

22 Baths

15,326 sqft

Residential

Built in 1962

The two-story building sits mere blocks from the brand new NoHo West mixed-use development, which features over 570,000 square feet of retail, entertainment, residential, and office space. Major tenants at the site include Trader Joe's, LA Fitness, Regal Cinemas, and Starbucks. Available for the first time in nearly 43 years, the property features large floorplans, with the 16 units comprised of approximately 15,326 square feet. The current owner has completed all seismic retrofit repairs (Buyer to verify), saving the new investor a substantial amount in capital improvement costs. The laundry facilities on-site are owned by the landlord, allowing a new owner to enjoy an additional income stream. Located near the intersection of Whitsett Avenue and Oxnard Street, the property allows tenants convenient access to the 170 Freeway. The NoHo Arts District, Ventura Boulevard, and Universal CityWalk are all within a short drive, affording tenants numerous dining, entertainment, and retail options. The property sits between two emerging employment centers, as large-scale new developments and offices continue to come online in Warner Center, while studios and entertainment campuses have been expanding in Burbank and Glendale.

21109753

MLS ID

December 3, 2021

Listed

October 2, 2024

Updated

Map

6050 Whitsett Avenue
North Hollywood CA, 91606

Interior Features

Total Stories

2


Bedrooms

23


Total Bathrooms

22


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.44 Acres

Other Property Details

Area Name

VG - Valley Glen


Days on Market

96


Garage

No


Parking

Assigned


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by Roderick 'Rick' Raymundo, Marcus & Millichap, CA DRE 01357019

Listing Contact: 213-943-1855 

Based on information from the CRISNet MLS as of 10/2/2024, 3:15 AM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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