10652 Whipple Street, North Hollywood, CA 91602

$6,995,000

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List Price
$6,995,000
Price Change
▼ $505,000 1784120248
Status
ACTIVE
MLS#
GD26039704
Year Built
2025
Lot Size
9,524
Acres
0.22
Lot Location
11-15 Units/Acre
Days on Market
140
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Three Or More Levels

Property Description

Exceptional investment opportunity in the highly desirable Toluca Lake neighborhood of North Hollywood. Brand-new 2025 multifamily property featuring 14-unit offers approximately 13,719 square feet of living space and features an excellent unit mix of nine 1-bedroom/1-bath units and five 2-bedroom/1-bath units. Designed with functionality and tenant appeal in mind, the property boasts spacious and thoughtfully designed floorplans, private balconies, and in-unit washer and dryer for added convenience. Eleven units include attached garage parking, a rare and highly attractive amenity in this prime rental market. Located in the sought-after Toluca Lake area, the property benefits from strong rental demand, close proximity to major studios, dining, shopping, and convenient freeway access. This is a turnkey opportunity ideal for investors seeking stable income in one of North Hollywood's most desirable and centrally located neighborhoods.

Additional Information

Appliances
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
11
Sewer
Public Sewer
Water
Public
Interior Features
High Ceilings, Open Floorplan, Recessed Lighting
Attached Structure
Attached
Number Of Units Total
14
Gross Scheduled Income
$432,000
Operating Expense
150802

Listing courtesy of Listing Agent: Raffi Soualian (raffi@jhhre.com) from Listing Office: JohnHart Real Estate.

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Calculator source: Real Geeks

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.