6635 Wilkinson Avenue Active Save Request In-Person Tour Request Virtual Tour
North Hollywood (los Angeles),CA 91606
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 14,285 sqft
Price per Sqft $269
MLS Listing ID CRSB25197224
HOA Y/N No
Year Built 1960
Lot Size 0.382 Acres
Acres 0.38
Property Sub-Type Other
Property Description
Motivated market Seller! Bring all offers. 6635 Wilkinson Avenue presents a great opportunity to acquire a 17-unit multifamily property in the highly desirable Valley Glen pocket of North Hollywood, one of the most stable rental submarkets in the San Fernando Valley. The property offers a balanced and versatile unit mix—including 6 one-bedroom units, 8 two-bedroom units, and additional layouts ranging from studios to spacious three-bedroom residences—catering to a wide spectrum of renter demand. With a conservative 43% expense ratio (no broker math) and a true in-place cap rate of 5.34%, the asset delivers strong and reliable cash flow, making it both an attractive cash-flowing investment and a long-term hold. Located along the newly repaved Whitsett Avenue, the asset sits within a quiet, residential neighborhood that still benefits from its proximity to major employment and cultural centers. Just minutes away, the NoHo Arts District offers a vibrant collection of theaters, dining, and creative studios, while the nearby Metro B/G Line station at North Hollywood provides direct transit access to Hollywood, Downtown LA, and beyond. Within walking distance, tenants also have access to local parks, recreational fields, and community amenities, further enhancing the property’s r
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Laundry Other
Building
Lot Description Level
New Construction No
Others
Tax ID 2333002042