6254 Whitsett, North Hollywood, CA 91406
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
6254 Whitsett,Valley Glen, CA 91406
$1,425,000
- - Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jeanette monfared
Office: marcus & millichap818-212-2700
MLS#:26874537
Source:CRMLS
Price summary
- Price:$1,425,000
About this home
Desirable Valley Glen with Owner's Unit featuring Large Private Enclosed Patio. In-Place Cash Flow: $120,665 in gross income with a 5.65% cap rate, providing steady initial yield for a 6-unit San Fernando Valley asset. Property Features: Detached carport parking (6 spaces) and on-site laundry facilities. Rental Upside Strategy: 30%+ rent growth to reach full market potential. ADU Potential: With LAR3 zoning and a 6,751 sq. ft. lot, converting detached carport structures or garages into an Accessory Dwelling Unit (ADU) could add an immediate 7th revenue stream. Appreciation DriversPrime Location: Minutes from the NoHo Arts District and NOHO West retail plaza, driving strong tenant demand from young professionals and entertainment industry workers. Transit & Access: Proximity to the North Hollywood B Line (Red) Metro station and major Valley thoroughfares positions the asset well for long-term infill land value growth.
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Home facts
- Year built:1956
- Listing ID #:26874537
- Added:4 day(s) ago
- Updated:August 24, 2026 at 11:05 AM
Rooms and interior
- Total bathrooms:6
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1956
- Lot area:0.15 Acres
- Exterior Features:Enclosed
- Levels:2 Story
Finances and disclosures
- Price:$1,425,000
Parking
- Total parking spaces:6
- Parking description:Detached Carport
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