North Hollywood, CA 91606,6050 Whitsett AVE
North Hollywood, CA 91606,6050 Whitsett AVE
North Hollywood, CA 91606,6050 Whitsett AVE
North Hollywood, CA 91606,6050 Whitsett AVE
North Hollywood, CA 91606,6050 Whitsett AVE
North Hollywood, CA 91606,6050 Whitsett AVE
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$4,595,000

Est.Price: ?

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Est. payment /mo

23 Beds

22 Baths

15,326 SqFt


SOLD DATE : 04/26/2022

Key Details

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 15,326 sqft

Price per Sqft $290

MLS Listing ID 21109753

Sold Date 04/26/22

Bedrooms 23

HOA Y/N No

Year Built 1962

Lot Size 0.438 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area Vg - Valley Glen

Zoning LAR3

Interior

Fireplace No

Exterior

Parking Features Assigned

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 2333010065

Special Listing Condition Standard

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CRMLS – RECore
Listed by Roderick 'Rick' Raymundo Marcus & Millichap
Bought with Roderick 'Rick' Raymundo Marcus & Millichap
John Herkenrath

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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