10641 Whipple ST

NORTH HOLLYWOOD, CA, 91602

$2,100,000

$650 per ft²
$2,100,000
$650 per ft²
Active
Active
 - For Sale
carpenters-square
3,227 ft²
property_type
Multi-family
calendar
Built 1941
We are pleased to present 10641 Whipple Street, a rare fourplex in Toluca Lake that is ready to close now. This property is an excellent opportunity for 1031 exchange buyers. This easy to manage fourplex contains a unit mix of three 1 bedroom/1 bathroom units and one 2 bedroom/1 bathroom unit spanning 3,227 square feet of living space, situated on 7,165 square foot lot. The lot is zoned LAR3, which is highly desirable in Los Angeles. Additionally, the property has a detached garage for four cars. Impeccably remodeled and well maintained, this property boasts excellent rental income for the area and a 3.6% cap rate. Other notable upgrades include stainless steel kitchen appliances, in unit washer and dryer, in unit air conditioning, modernized kitchens, high quality finishes, spacious floorplans, new electrical service, new attic insulation, and new exterior paint. The property is separately metered for gas and electric. It is ultra-low maintenance and extreme desirability amongst renters. There is also the room to expand and add a 2000+ sqft 2-unit ADU on the property. No soft-story retrofitting required. The neighborhood is extremely accessible for tenants. It provides easy access to major freeways (170/101/134 freeways), Metro stations within walking distance, and major roadways like Lankershim, Ventura and Magnolia. Just south are Netflix, Universal, Warner Bros., and other major entertainment and business centers for residents. This is an excellent property in a prime Los Angeles neighborhood with a great return.
MLS® ID:
PW22080490MR
Listed:
4/19/22
Updated:
5/23/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
In Closet
Fireplace
None
Cooling
Electric
Heating
Floor Furnace, Natural Gas

Exterior/Building Features

Lot Size
7,165 ft² lot
Architectural Style
Traditional
Roof
Composition
Sewer
Public Sewer

Other Property Details

HOA Amenities
Assoc Barbecue, Outdoor Cooking Area
Attached Garage
Yes
Garage Spaces
4
Parking
Garage
Parking Total
5.0
View
Y
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Zoning
LAR3

 

Courtesy of Mike Chacon, City Light Realty

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ken Sisson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/23/22

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