1912 Whitley Avenue, Los Angeles, CA, 90068

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$5,250,000
17 Days On Site

1912 Whitley Avenue
Los Angeles, CA 90068

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
14,433
SqFt
$364
/SqFt
1988
Built
County:
Los Angeles
Listed by Paul Darrow of Paul Darrow pdarrow@walkerdunlop.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1912 Whitley Avenue1912 Whitley Avenue1912 Whitley Avenue1912 Whitley Avenue
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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.

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Listing Snapshot
Price 
$5,250,000
Days On Site 
17 Days
Bedrooms 
N/A
Inside Area (SqFt) 
14,433 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1845 Acres
Year Built 
1988
MLS® Number 
26991477
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.1845
Additional Property Use 
Multi-Family
Building Features 
Elevators
Number Of Stories 
4
Parking Spaces 
22
Security 
Fire Sprinkler SystemGated CommunityKey Card EntrySmoke Detector(s)
Special Circumstances 
Standard
SqFt Total 
14433
Zoning 
R4-1VL
Interior Features
Cooling 
Heating 
Central
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Stucco
Lot Features 
Back YardGentle SlopingSprinklers In FrontLandscaped
Community Features
Community Features 
Gated
MLS Area 
C03 - Sunset Strip - Hollywood Hills West


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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