6441 Satsuma Avenue, North Hollywood, CA 91606
- $1,750,000
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- DW26127331
- Year Built
- 1950
- Lot Size
- 6,543
- Acres
- 0.15
- Lot Location
- 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
- Days on Market
- 48
- Property Type
- Multifamily
- Style
- Contemporary, Mediterranean, Modern
- Property Sub Type
- Quadruplex
- Stories
- One Level
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.
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Additional Information
- Taxes
- $9,875
- Other Buildings
- Two On A Lot
- Appliances
- 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
- Pool Description
- None
- Heat
- Central, Ductless, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
- Cooling
- Yes
- Cooling Description
- Central Air, Ductless, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
- View
- None
- Exterior Construction
- Asphalt, Drywall, Ducts Professionally Air-Sealed, Glass, Stucco
- Roof
- Asphalt, Membrane, Mixed
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Primary Suite, Walk-In Closet(s)
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $133,080
- Operating Expense
- 27083
- Levels
- One
- Parking Spaces
- 2
Listing courtesy of Listing Agent: Randy Hui (randy@reirandy.com) from Listing Office: Realty One Group United.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.