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6254 Whitsett Avenue

Los Angeles CA 91606

6
6
6534 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

6 bathrooms
6 carspaces
6534 sq. ft. lot size
Other

Property history for 6254 Whitsett Avenue

2024
Sold
$1,375,000
09 Jul 2024 by Jeanette Monfared, of Marcus & Millichap

Happy sellers in Los Angeles

94%
94% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for other properties in Los Angeles

In the last 12 months, 9 other properties similar to 6254 Whitsett Avenue, have been sold.

This represents a 50% increase in other properties sales when compared to the previous 12 months.

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