$ 4,850,000
-
$4,850,000
Price -
15
Bed -
15
Bath -
14,433
SqFt -
0.18
Acre
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About the Listing X83970 - C146101
Walker & Dunlop Investment Sales, Inc. (WDIS), as exclusive advisor, is pleased to present 1912 Whitley Avenue, a compelling opportunity to acquire a 15-unit, RSO-exempt multifamily community in Whitley Heights, a historic Hollywood Hills neighborhood with median home values above $1.8 million, strategically positioned between Hollywood and Universal City. The Property is offered at $5,250,000 and sits roughly 42% below the cost to build or renovate a comparable asset, creating a significant barrier to new competition at comparable rental rates. With California's $750 million film tax credit supporting a 53% year-over-year increase in approved productions, Hollywood's recovery should drive above-average rental demand and appreciation for 1912 Whitley over the investment horizon.**Please fill out the Confidentiality Agreement and email the listing agent the executed document to gain access to the OM.
Listing Highlights for 1912 Whitley Ave
Interior Details
- Bedrooms: 15
- Bathrooms: 15 Full
- Appliances:
- Air Cond: Air Conditioning
- Heating: Central
- Fireplaces:
- Floor:
- Basement:
- Other: Elevator
- Water:
Exterior Details
- Lot Description: Gated Community
- Garage Capacity: N/A
- Parking Spaces: 22
- Zoning: [Q]R4-1VL
- Roof:
- Others:
- Sewer:
- Parking Features: Assigned,Covered Parking,Electric Vehicle Charging Station(s),Garage,Gated Underground,Private,Private Garage,Tandem
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1912 Whitley Ave Los Angeles, CA 90068
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