John E Burge

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10652 Whipple StreetNorth Hollywood, CA 91602

Multi-Family · 13,719 Sq. ft. | 0.22 Acres
$7,500,000 Active

10652 Whipple Street Overview

Time on Site:
110 days
Visits:
3

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.

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10652 Whipple Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 13,719
  • Price/Sq.ft. $547
  • Lot 0.22 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: Community Apartment

Income/Expenses

  • Electric Expense: 5520.0
  • Gross Income: 432000.0
  • Gross Scheduled Income: 432000.0
  • Insurance Expense: 10971.0
  • Maintenance Expense: 7740.0
  • Net Operating Income: 281198.0
  • New Taxes Expense: 98611.0
  • Operating Expense: 150802.0
  • Trash Expense: 17160.0

Building Information

  • New Construction: No
  • Year Built: 2025

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: NHO - North Hollywood
  • Postal City: NORTH HOLLYWOOD

Community/Development

  • Community Features: Curbs,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Water

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional
  • Parcel Number: 2423023023
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 11.0
  • Garage: Yes

Building Interior

  • Building Area Total: 13719.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Gas Oven,Gas Range,Microwave,Refrigerator
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front Door
  • Flooring: Laminate
  • Interior Features: High Ceilings,Open Floorplan,Recessed Lighting
  • Laundry Features: Inside,Laundry Closet
  • Levels: Three Or More
  • Stories Total: 3

Exterior

Parking Information

  • Parking Features: Garage
  • Parking Total: 11.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Acres: 0.2186
  • Lot Size Area: 9524.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9524.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 14
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Total: 14
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available

10652 Whipple Street Neighborhood

Community

91602 (North Hollywood) Demographics

40
Median Age
9,803
Population Density (per sq. mile)
66%
College Educated
$81,795
Estimated Median Income
3,539
Estimated Total Home Owners
6,607
Estimated Total Renters
35% / 65%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

10652 Whipple Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

10652 Whipple Street Market Data

Based on the last 30 days in this zip code

$1,686,636
Average List Price
$857
Average Price per Square Foot
17
Properties Sold
62
Average Days on Market
213
Properties for Sale
Calculations provided by Reliance Network

10652 Whipple Street History

Date Event Value Agent
5/13/2026Source: CRMLS Price Reduction
$7,500,000 -4.9%
3/11/2026Source: CRMLS Added to Database
March 11, 2026
Listing provided courtesy of JohnHart Real EstateRaffi Soualian- MLS# GD26039704MLS ProviderContact Information: [email protected] - 818-246-1099
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