
North Hollywood, California 91606
This Spanish-Style Quadruplex is a High-Potential Investment Opportunity, listed at $1,080,000—positioned well below the $1,133,006 Fair Market Value by 4%. This valuation gap offers $53,006 in Instant Equity. The property maintains a Good Condition Rating, featuring a character-rich 1,500 sqft main residence with a private patio and three additional income units. Located near North Hollywood Senior High, this asset combines architectural charm with high rental demand. It is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Property is move-in ready.
The property is a well-maintained 1949 Spanish-style quadruplex that appears move-in ready. While it retains much of its original architectural character and 'warm details' rather than a full modern renovation, the interiors are clean with functional kitchens and bathrooms. The systems appear well-maintained for its age, though the 1949 construction suggests some components may be reaching the end of their typical lifespan, placing it firmly in the 'Good' category rather than 'Excellent'.
This quadruplex configuration, featuring a large 1,500 sqft main house and three additional 1-bedroom units, offers exceptional versatility for high rental yield or multi-generational living arrangements.
The front residence showcases classic Spanish-style architecture with timeless character and natural light, providing a unique aesthetic appeal that distinguishes it from standard multi-family builds.
Ideally positioned in North Hollywood, the property is within walking distance to highly-rated schools like Monlux Elementary and offers convenient access to major freeways, shopping, and dining.
Originally constructed in 1949, the property may require significant updates to major systems such as plumbing, electrical, and roofing to meet modern efficiency and safety standards.
With four separate units and a two-story rear building situated on a 7,264 sqft lot, the density may result in limited private outdoor space and reduced privacy between residents.
Best PRICED UNITES IN NORTH HOLLYWOOD, GREAT CONDITION, Welcome to Whitsett ave! MULTIFAMILY! STARTING with the front UNIT this beautiful Spanish-style property blends timeless character with flexible living, perfect for growing families or multi-generational living. The charming front home features classic Spanish architecture, warm details, and an inviting presence that instantly feels like home. Inside, you’ll find comfortable living spaces filled with natural light, ideal for everyday family life and hosting special gatherings. Almost 1500 sqft with a lot of character. Tucked behind the main residence is a two-story building with 2 units 1 bedroom 1 bath each and 2 beds 1 bath. offering wonderful possibilities for extended family, guests, or a private space for older children or in-laws. The thoughtful layout allows each unit to enjoy its own sense of privacy while still feeling connected—perfect for families who want togetherness with room to grow. The outdoor areas provide space to relax, play, and create lasting memories, whether it’s weekend barbecues, quiet evenings, or time spent outdoors with loved ones. Located in a desirable North Hollywood neighborhood close to schools, parks, shopping, dining, and major freeways, this property offers both comfort and convenience.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,971 | 2,954 | 60% |
| Lot Size | 7,264 | 7,500 | 40% |
| Price | $970.0K | $975.0K | 40% |
| Price per sq ft | $326 | $330 | 40% |
| Built year | 1949 | 1951 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 169 | 20% |
Apr 9, 2026
$970,000
$1,080,000
-10% Price Drop
Initial Listing
Mar 11, 2026
$1,080,000
$1,115,000
-3% Price Drop
Initial Listing
Mar 3, 2026
$1,115,000
$1,199,000
-7% Price Drop
Initial Listing
Jan 28, 2026
$1,199,000
Initial Listing