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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,750,000

Est. payment - /mo

6,542 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26127331

Construction Status Additions/Alterations,Building Permit,Updated/Remodeled

HOA Y/N No

Year Built 1950

Annual Tax Amount $9,875

Tax Year 2025

Lot Size 6,542 Sqft

Property Sub-Type Quadruplex

Property Description

**INTEREST RATE BUYDOWN PROVIDED BY SELLER TO LOWER BUYER'S MORTGAGE PAYMENTS!**

NEW, FULLY LEASED 4-UNIT PREMIUM INCOME PROPERTY in the strong North Hollywood rental market offering a STABILIZED 5.83% CAP RATE and 13.15 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, trash and lawncare. 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. 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, shops, parks and transit. With gross rents over $11k monthly and $133k 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

Other Rooms Two On A Lot

Interior

Interior Features High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Primary Suite, Walk-In Closet(s)

Heating Central, Ductless, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump

Cooling Central Air, Ductless, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Electric Oven, Electric Range, Electric Water Heater, High Efficiency Water Heater, Microwave, Range Hood, Vented Exhaust Fan, Water Heater

Laundry Washer Hookup, Electric Dryer Hookup, Inside

Exterior

Exterior Feature Rain Gutters

Parking Features Driveway, Paved, On Street, Uncovered

Fence Block, Good Condition, New Condition, Wood

Pool None

Community Features Street Lights, Suburban

Utilities Available Electricity Connected, Sewer Connected

View Y/N No

View None

Roof Type Asphalt,Membrane,Mixed

Accessibility Accessible Doors

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Near Public Transit, Paved, Sprinklers Timer, Sprinkler System, Street Level

Faces East

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary, Mediterranean, Modern

Level or Stories One

Additional Building Two On A Lot

New Construction No

Construction Status Additions/Alterations,Building Permit,Updated/Remodeled

Others

Senior Community No

Tax ID 2414030007

Security Features Carbon Monoxide Detector(s),Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Randy Hui Realty One Group United 310-709-8898, DRE #02184420

NEARBY SCHOOL & BUSINESS

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6441 Satsuma AVE North Hollywood, CA 91606