Properties | Whitsett Village
Whitsett Village
34-Unit Multi-Family Community
5921 Whitsett Avenue | Valley Village, CA
Sales Price: $4,250,000
Seller: Whitsett Village Apartments
Buyer: Benedict Canyon, LLC
Units: 34
Price per Unit: $125,000
Price per Sq. Ft.: $167.71
Year Built: 1984
Lot Size Sq. Ft.: 27,007
Net Rentable Sq. Ft.: 25,342
Financing: Freddie Mac
Loan Originator/Broker: CBRE Capital Markets/Scott Peterson & Troy Tegeler
First Loan Amount: 2,800,000
Close of Escrow: September 15, 2009
- Non-Rent Control
- Brand New Roof - Well Maintained Asset
- Excellent Unit Mix of 1 and 2 Bedrooms
- Easy Access to the 101, 134, and 170 Freeways
- Significant Upside Potential
- Favorable Assumable Financing at 5.95% Interest Rate
Whitsett Village Apartments is a 34-unit apartment community situated on 0.62 acres. The property was built in 1984 and includes one building, totaling 25,342 square feet. Whitsett Village Apartments boasts many community amenities, including a barbecue area, controlled access, laundry facility, and wading pool. Unit amenities include central air conditioning and balcony or patio. The property is comprised of nineteen (19) one bedroom / one bathroom units and fifteen (15) two bedroom / two bathroom units.