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4227 Whitsett Ave 4 Unit Apartment Building $2,541,400 CAD ($635,350 CAD/Unit) 3.93% Cap Rate Studio City, CA 91604
Investment Highlights
- Prime Studio City location with excellent commuter access.
- Recent upgrades: new roof, earthquake retrofit, and electrical improvements.
- Under rent control; strong long-term stability in a sought-after area.
- Four spacious units, each with in-unit laundry.
- Gated alley-access parking for residents.
- All offers subject to inspection. Do not disturb tenants.
Executive Summary
4227 Whitsett Avenue offers a solid investment opportunity in the desirable Studio City market. This four-unit multifamily asset, built in 1964, features two large two-bedroom units and two three-bedroom units, all equipped with in-unit laundry for modern living. Recent property upgrades include a new roof, earthquake retrofitting, and updated electrical systems—reducing future maintenance concerns. Gated alley-access parking adds convenience, while the location provides immediate access to Ventura Boulevard, major employment hubs, and the 101 Freeway. Priced at $1,850,000, the property delivers strong income potential in a submarket known for high demand and minimal vacancy.
All offers subject to inspection. Do not disturb tenants. Do not walk property.
All offers subject to inspection. Do not disturb tenants. Do not walk property.
Property Facts
| Price | $2,541,400 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $635,350 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 3.93% | Building Size | 5,224 SF |
| Gross Rent Multiplier | 15.06 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 0.77/1,000 SF |
| Zoning | LAR3 - Limited Multiple Residence | ||
| Price | $2,541,400 CAD |
| Price Per Unit | $635,350 CAD |
| Sale Type | Investment |
| Cap Rate | 3.93% |
| Gross Rent Multiplier | 15.06 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 5,224 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 0.77/1,000 SF |
| Zoning | LAR3 - Limited Multiple Residence |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Disposal
- Fireplace
- Washer/Dryer
- Hardwood Floors
- Carpet
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | - | 1,330 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2375-015-044 | Improvements Assessment | $659,547 CAD |
| Land Assessment | $436,309 CAD | Total Assessment | $1,095,856 CAD |
Property Taxes
Parcel Number
2375-015-044
Land Assessment
$436,309 CAD
Improvements Assessment
$659,547 CAD
Total Assessment
$1,095,856 CAD
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4227 Whitsett Ave
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