$7,500,000
-$388,88810652 Whipple Street, North Hollywood CA 91602
Multi-Family (14 Units)
Property type
86 days
On market
$547
Price per sqft
11 cars
Garage
2025
Year built
9,524 sqft
Lot size
Home highlights
Open Houses
Overview
Exceptional investment opportunity in the highly desirable Toluca Lake neighborhood of North Hollywood. Brand-new 2025 multifamily property featuring 14-unit offers approximately 13,719 square feet of living space and features an excellent unit mix of nine 1-bedroom/1-bath units and five 2-bedroom/1-bath units. Designed with functionality and tenant appeal in mind, the...
Listing provided by: Raffi Soualian DRE #01887303 818-246-1099, JohnHart Real Estate, Taline Soualian DRE #01937721 818-246-1099, JohnHart Real Estate
Listing updated: Jun 2, 2026 at 06:17pm.
Last checked: Jun 2, 2026 at 07:00pm
Source: CRMLS #GD26039704
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 1 | 1 | — | $17,850 | $17,850 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $2,750 | Unfurnished |
| 5 | 2 | 1 | — | $15,400 | $15,400 | $0 | Unfurnished |
# of Buildings: 1
# of Units Total: 14
Separate Electric Meters: 14
Separate Gas Meters: 14
Separate Water Meters: 14
Dishwasher: 14
Ranges: 14
Refrigerator: 14
Rent Control: Yes
Tenant Pays: Cable Tv, Electricity, Gas, Sewer, Water
Financial Snapshot
Gross Rent Multiplier
17.4x
List Price / Annual Gross Rent
Cap Rate
3.75%
NOI / List Price
Gross Scheduled Income: $432,000
Operating Expense: $150,802
Net Operating Income: $281,198
Annual Operating Expenses
Cable TV: $0
Electric: $5,520
Furniture Replacement: $0
Gardener: $0
Fuel: $0
Insurance: $10,971
Licenses: $6,840
Maintenance: $7,740
New Taxes: $98,611
Pest Control: $0
Pool: $0
Professional Management: $0
Supplies: $3,000
Trash: $17,160
Water / Sewer: $0
Workers Comp: $0
Interior
Interior Features: High Ceilings, Open Floor Plan, Recessed Lighting
Room Type: Kitchen, Laundry, Living Room
Flooring: Laminate
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Laundry: Inside, Laundry Closet
Entry Location: Front Door
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Common Walls: Two Common Walls Or More
Lot Features: Eleven To Fifteen Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Garage and Parking
Parking: Garage
Garage Spaces: 11
Parking Total: 11
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 2423023023
Additional Parcels: No
Tax Lot: 13
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Sidewalks
Nearby Schools
Nearby schools around the 10652 Whipple Street, North Hollywood, CA 91602. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$6,000,000
Total Interest
$7,652,669
Total Payment
$13,652,669
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$45,887
per month
Property History for 10652 Whipple Street
North Hollywood Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91602.
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