Listing courtesy of Listing Agent: Troy Lucero Jr. (troy.lucero@equityunion.com) from Listing Office: Equity Union.
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.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.