6441 Satsuma Avenue, North Hollywood, California 91606

  • $1,750,000
6441 Satsuma Avenue, North Hollywood, CA 91606
Active Additions/Alterations,Building Permit,Updated/Remodeled
6441 Satsuma Avenue, North Hollywood, California 91606
6441 Satsuma Avenue, North Hollywood, CA 91606
  • $1,750,000

Description

NEW 4-UNIT PREMIUM INCOME PROPERTY in the strong North Hollywood rental market offering a near FULLY STABILIZED 5.90% CAP and 13.03 GRM! THREE units have been LEASED and lease-up of the last unit is actively in progress. Unit mix consists of a duplex with (1) 3BD/2BA and (1) 3BD/2BA unit, and (2) 2BD/1.5BA ADUs in the building behind it. All units have separate electrical meters, entrances, addresses, dishwashers and in-unit laundry connections. Premium finishes, fully enclosed private yards, timeless contemporary design along with ample street parking enables buyer to command premium rents and longer term tenants. All new electrical, plumbing, HVAC and appliances 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 for more communal living or more separation and privacy. Superb Burbank adjacent location on a quiet residential street just minutes away from NoHo Arts District, shops, parks and transit. Construction completed February 2026 (ADUs are ALL NEW construction, Duplex is 80-85% new construction). With proforma gross rents nearing $11k monthly and over $130k annually, this turn key property would be an superb addition to any investment portfolio.

  • Address 6441 Satsuma Avenue
  • City North Hollywood
  • State/county CA
  • Zip/Postal Code 91606
  • Country US

Details

Updated on June 12, 2026 at 3:23 pm
  • Property ID: DW26127331
  • Price: $1,750,000
  • Property Size: 3282 Sqft
  • Land Area: 0.1502 Acres
  • Year Built: 1950
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange
  • Roof: Asphalt, Membrane, Mixed
  • Utilities: Electricity Connected, Sewer Connected
  • Sewer: Public Sewer
  • Cooling: Central Air, Ductless, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
  • Heating: Central, Ductless, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
  • Flooring: Vinyl
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Driveway, Paved, On Street, Uncovered
  • Community Features: Street Lights, Suburban
  • Architectural Style: Contemporary, Mediterranean, Modern

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman