5220-5222 Whitsett Avenue

Valley Village, CA 91607

$1,895,000
Price
6
Beds
4.5
Baths
2,582 Sq. Ft.
$734 / Sq. Ft.
2,582
Sq. Ft.
$734
per Sq. Ft.

Description

Incredible opportunity to acquire a near new remodel/new construction property. Front house, remodeled with primary bedroom addition (2023) and stable tenants through (2026). Newer kitchen baths, flooring, heat/ac, plumbing, etc.. Large front yard with turf. Rear unit is a large two story ADU with private garage, Thermador Appliances, Caesarstone counters, rift oak cabinets and private yard. Tenants lease through (2026)Incredible opportunity to acquire a near new remodel/new construction property. Front house, remodeled with primary bedroom addition (2023) and stable tenants through (2026). Newer kitchen baths, flooring, heat/ac, plumbing, etc.. Large front yard with turf. Rear unit is a large two story ADU with private garage, Thermador Appliances, Caesarstone counters, rift oak cabinets and private yard. Tenants lease through (2026)
  1. Listed by Brett Karns • DRE #01176463 • Brokerage DRE #01738973 • The Agency

Property Details for 5220-5222 Whitsett Avenue

Water Front
None
Zoning
LARD1.5
Style
Traditional
Accessibility Features
Doors - Swing In, 32 Inch Or More Wide Doors
Parcel Number
2347032007
Total Units
2.0
Living Area
2582
Source Living Area
Builder
LISTING UPDATED: 12/10/2024 12:01 AM

Property Details for 5220-5222 Whitsett Avenue

StatusActive
MLS #24-468393
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.13 AC / 5,713 SF
CountyLos Angeles County

Building Information for 5220-5222 Whitsett Avenue

Stories2Residences-Year Built1940Building Size-Lot Size0.13 AC / 5,713 SF

Property Information for 5220-5222 Whitsett Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: detached
  • View: No
  • View Description: None
  • View: None
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, 24 Hour, Prewired for alarm system
  • Direction Faces: West
  • Property Condition: Updated/Remodeled, New Construction
  • Water: Public
  • Sewer: In Street, In Connected and Paid
  • Water Heaters: No
  • ADA Compliance: Yes
  • Additions Alterations: No
  • Water Heater Features: Tankless
  • Water District: LADWP
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $113,820
  • Net Operating Income: $86,520.50
  • Gross Income: $0
  • Cap Rate: 4.60%
  • Gross Rent Multiplier: $16.65
  • Actual Annual Gross Rent: $113,820.00
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 29699.50
  • Water Expense: $1,572.00
  • Tax Expense: $23,688
  • Gardener Expense: $2,040
  • Insurance Expense: $2,400
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Acreage: 0.1311
  • Lot Size Square Feet: 5713
  • Lot Size Dimensions: 45x127
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Description: Automatic Gate, Curbs, Fenced
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 4
  • Covered Parking: 2
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 2
  • Carport Spaces Total: 0
  • Parking Features: Assigned
  • Garage Structures Total: 0.0
Interior Features
Interior Features
  • Rooms: Breakfast Bar, Breakfast Area, Pantry, Dining Area, Dining Room
  • Levels: One, Two
  • Fireplace Features: Family Room, Gas, Kitchen
  • Fireplace Rooms: Family Room, Gas, Kitchen, Primary Bedroom
  • Den: No
  • Family Room: 0
  • Dining Room: 1
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Flooring: Laminate, Porcelain
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Washer, Vented Exhaust Fan, Stackable W/D Hookup, Solar Panels
  • Interior Features: 220V Throughout, Drywall Walls, Detached/No Common Walls
  • Kitchen Features: Gourmet Kitchen, Quartz Counters
  • Room Bathroom Features: Linen Closet/Storage, Low Flow Toilet(s), Low Flow Shower, Remodeled
  • Bathroom Features: Linen Closet, Low Flow Toilet(s), Low Flow Shower(s), Powder Room, Remodeled
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Built-In And Free Standing, Continuous Clean Oven, Convection Oven, Free Standing Gas, Microwave
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Disability Access: Doors - Swing In, 32 inch or more wide doors
  • Volt220 Location: In Kitchen, In Garage
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Roof: Composition, Shingle
  • Sprinklers: Drip System
  • Door Features: French Doors
  • Patio Features: Porch - Rear
  • Entry Location: Main Level
  • Windows: Double Pane Windows
  • New Construction: No
  • Construction Materials: HardiPlank Type
  • Exterior Construction: Hardee Plank
  • Foundation Details: Combination
  • Other Structural Features: French Doors, Full Copper Plumbing, Energy Efficient, Two On A Lot
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-02-2024
  • Listing Terms: Cash To New Loan
  • Rent Control: Yes
  • Rent Control: 50
  • Garage Rental Rate: 0
  • Tenant Pays: Electricity, Gas, Insurance
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,750.00
  • Unit Actual Rent: $4,750.00
  • Unit Projected Rent: $4,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,735.00
  • Unit Actual Rent: $4,735.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Carpet: 0
  • Number of Dishwasher: 2
  • Number of Disposal: 2
  • Number of Drapes: 2
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Leased: 2
  • Number Patio: 0
  • Number Range: 2
  • Number Refrigerator: 2
  • Number Rented Garages: 1
  • Number Wall AC: 0
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $214,200.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $856,800.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $1,071,000.00
  • Private Transfer Taxes: No

Property History for 5220-5222 Whitsett Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5220-5222 Whitsett Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Burbank Boulevard Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Jack London Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5220-5222 Whitsett Avenue is a multi-family home for sale in Valley Village, CA 91607. This property was listed for sale on December 2, 2024 by The Agency, it's currently listed at $1,895,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Burbank Boulevard Elementary School, Walter Reed Middle School and North Hollywood Senior High School. 5220-5222 Whitsett Avenue is a 6-bed, 4.5-bath, 2,582 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Brett Karns, DRE #01176463

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.