10652 Whipple Street, North Hollywood, California 91602, North Hollywood, 91602 - 0 bed, 0 bath
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North Hollywood, California 91602
Analysis of 10652 Whipple Street, North Hollywood, California 91602 is currently available with a list price of $7,500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This is a brand-new 2025 construction multifamily property. As a new build, all components including the kitchens, bathrooms, flooring, and major mechanical systems are brand new, meeting the highest modern quality standards with no deferred maintenance or physical depreciation.
Elementary School: Theodore Roosevelt Elementary School (9/10).
As a 2025 build, this 14-unit property offers a turnkey investment with modern systems, energy efficiency, and minimal immediate maintenance requirements, allowing for maximum depreciation benefits.
Situated in the highly desirable Toluca Lake area near major entertainment studios and freeways, the property is positioned in a high-demand rental pocket that commands premium lease rates.
The nearly $7.9 million price point represents a significant capital entry requirement, which may result in a lower initial cap rate compared to value-add opportunities in the same market.
While garage parking is a major draw, only 11 of the 14 units have attached garages, potentially creating a tiered rental structure and management complexity for the remaining three units.
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 property boasts spacious and thoughtfully designed floorplans, private balconies, and in-unit washer and dryer for added convenience. Eleven units include attached garage parking, a rare and highly attractive amenity in this prime rental market. Located in the sought-after Toluca Lake area, the property benefits from strong rental demand, close proximity to major studios, dining, shopping, and convenient freeway access. This is a turnkey opportunity ideal for investors seeking stable income in one of North Hollywood's most desirable and centrally located neighborhoods.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 2025 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 15, 2026
$7,500,000
$7,888,888
-5% Price Drop
Initial Listing
Mar 11, 2026
$7,888,888
Initial Listing