NOT LISTED FOR SALE

7133 Whitsett Ave Unit 4 North Hollywood, CA 91605

North Hollywood Neighborhood
3 Beds
2 Baths
4,353 Sq Ft
6,187 Sq Ft Lot

Last Sold May 20, 2022

Last sale price $1,500,000 $345 Per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • 4-minute walk to Valley Plaza Sports Complex
  • Ulysses S. Grant Senior High School Rated A-

About This Home

As of May 2022

7133 Whitsett Ave North Hollywood. Located on a major thoroughfare between Vanowen Street and Sherman Way. This (6) Six Unit apartment building is comprised of (2) Two (1) One Bedroom and (1) One Bath Units and (4) Four (2) Two Bedroom and (1) One Bath Units. The building is located in a High Demand Rental Location. It has on-site parking and a laundry room to which a washer and dryers can be added. The GRM is 14.96 and 4.08% CAP. The property is individually Metered for Gas and Electrical.

Last Agent to Sell the Property

James Antonucci

Keller Williams Realty-Studio City License #01822661 Listed on: 01/27/2022

Keller Williams Realty-Studio City

Last Buyer's Agent

Grayr Andreasyan

Coldwell Banker Hallmark Realty License #01377323

Coldwell Banker Hallmark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,187 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 4,353 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 15420
  • Assessor Parcel Number 2324034002
  • $1,039 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Fuel Expense $2,400
  • Insurance Expense $1,741
  • Trash Expense $2,160
  • Water Sewer Expense $2,400
  • New Taxes Expense $19,363
  • Operating Expense $37,324
  • Gross Income $100,451
  • Net Operating Income $63,127

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • CapRate: 4.08
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2324034002
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 344.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2160.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6187.00
  • Lot Size Acres: 0.1420

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2400.00
  • Fuel Expense: 2400.00
  • Gross Income: 100451.00
  • Gross Multiplier: 14.96
  • Gross Operating Income: 100451.00
  • Gross Scheduled Income: 103557.00
  • Insurance Expense: 1741.00
  • Lot Size Area: 6187.0000 Square Feet
  • Net Operating Income: 63127.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 37324.00
  • Operating Expense Percent: 36.00
  • Rent Control: Yes
  • Total Expenses: 37324.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 19363.00
  • Tax Census Tract: 1233.04
  • Tax Lot: 2
  • Tax Tract Number: 15420
  • TaxOtherAnnualAssessmentAmount: 1039.00

Range of Values:

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Sold Price
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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 List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $1,500,000 -3.2% $345 / Sq Ft
01/27/2022 01/27/22 For Sale $1,549,000 -- $356 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James Antonucci

    Seller's Agent in 2022

    James Antonucci

    Keller Williams Realty-Studio City

    (818) 432-1647

    16 in this area

    76 Total Sales

    James Antonucci
    Section Image

  • G

    Buyer's Agent in 2022

    Grayr Andreasyan

    Coldwell Banker Hallmark Realty

    (818) 790-8300

    1 in this area

    1 Total Sale

    Grayr Andreasyan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22016685

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County North Hollywood 91605 North Hollywood

7133 Whitsett Ave Unit 4, North Hollywood, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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