6441 Satsuma Avenue, North Hollywood, CA 91606
List Price: $1.75M
Listing Status: Active
0Days on Market: 61
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1950
Lot Size: 6,543 sq ft
Private Pool: Yes
Annual Property Tax: $9,875.04
MLS Number: DW26127331
About This Property
**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.
Listing provided by: Randy Hui DRE #02184420 562-228-4900 randy@reirandy.com, Realty One Group United
Source: CRMLS