1912 Whitley AVE, Los Angeles, CA 90068
1912 Whitley AVE, Los Angeles, CA 90068
1912 Whitley AVE, Los Angeles, CA 90068
1912 Whitley AVE, Los Angeles, CA 90068
1912 Whitley AVE, Los Angeles, CA 90068
1912 Whitley AVE, Los Angeles, CA 90068
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Krista McClelland

Krista McClelland

+1(619) 455-2006
$ 4,850,000
Est. payment | /mo

15 Beds

15 Baths

14,433 SqFt

Save
$ 4,850,000
Est. payment | /mo
Save

15 Beds

15 Baths

14,433 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 14,433 sqft

Price per Sqft $336

MLS Listing ID 26101725

Bedrooms 15

HOA Y/N No

Year Built 1988

Lot Size 8,036 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C03 - Sunset Strip - Hollywood Hills West

Zoning [Q]R4-1VL

Interior

Interior Features Elevator

Heating Central

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Laundry Common Area

Exterior

Parking Features Assigned, Covered, Garage, Private, Tandem

Total Parking Spaces 22

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5575005010

Security Features Security Gate,Key Card Entry

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Paul Darrow Paul Darrow #01700955
Krista McClelland

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 455-2006

kristasellssandiego@gmail.com

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1912 Whitley AVE