6441 Satsuma Avenue North Hollywood, CA 91606
3,282 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,282 sqft
Price per Sqft $510
MLS Listing ID DW-26127331
Style Contemporary,Mediterranean,Modern
Year Built 1950
Lot Size 6,543 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
NEW, 100% OCCUPIED 4-UNIT PREMIUM INCOME PROPERTY in the strong North Hollywood rental market offering a STABILIZED 5.96% CAP RATE and 12.59 GRM! Unit mix consists of a duplex with (1) 3BD/2BA and (1) 1BD/1BA unit, and (2) 2BD/1.5BA ADUs in the building behind it. Construction just completed February 2026 (ADUs are ALL NEW construction; duplex was completely renovated down to the studs). All units have separate electrical meters, entrances, addresses, dishwashers and in-unit laundry connections. Tenants PAY ALL UTILITIES and trash. All new electrical, plumbing, HVAC, appliances and fixtures minimize operating costs and offer peace of mind for years to come. Shared courtyard between buildings is spacious yet intimate and can be easily configured with more communal amenities, or more separation and privacy. Premium finishes, fully enclosed private yards, timeless contemporary design along with ample street parking enables buyer to command premium rents and longer term tenants. Superb Burbank adjacent location on a quiet residential street just minutes away from NoHo Arts District, NoHo West, shops, parks and transit. With gross rents over $11k monthly and nearly $128k annually, this turn key property would be an superb addition to any investment portfolio.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Interior Features High Ceilings, Open Floorplan, Recessed Lighting
Heating Ductless, Central, ENERGY STAR Qualified Equipment, Heat Pump, High Efficiency
Flooring Vinyl
Fireplaces Type None
Laundry Electric Dryer Hookup, Inside, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Parking Features Paved, Street, Uncovered, Other, Driveway
Pool None
Community Features Street Lights, Suburban
Utilities Available Sewer Connected, Electricity Connected
View Y/N No
View None
Building
Lot Description Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Near Public Transit, Paved, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Back Yard
Sewer Public Sewer
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