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Eric & Janelle Boyenga

homes@boyenga.com +1(408) 373-1660

Listed by Randy Hui, DRE #02184420 • Realty One Group United

$1,750,000

Est. payment - /mo

6,543 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRDW26127331

Style Contemporary,Mediterranean

Year Built 1950

Lot Size 6,543 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property 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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Rooms

Kitchen Dishwasher, Hood Over Range, Microwave, Exhaust Fan, Oven Range - Electric, Oven - Electric

Interior

Heating Heat Pump, Other, Central Forced Air

Cooling Central AC, Heat Pump, Other

Laundry 30, Other, 9

Exterior

Parking Features Off-Street Parking, Other, Uncovered Parking

Garage Spaces 2.0

Pool 31, None

View None

Roof Type 2

Building

Lot Description Grade - Level, Paved

Story One Story

Foundation Concrete Slab

Water Hot Water, District - Public

Architectural Style Contemporary, Mediterranean

Others

Tax ID 2414030007

Special Listing Condition Not Applicable

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Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

6441 Satsuma AVE North Hollywood, CA 91606

Eric & Janelle Boyenga

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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