6441 Satsuma AVE, North Hollywood, CA 91606
6441 Satsuma AVE, North Hollywood, CA 91606
6441 Satsuma AVE, North Hollywood, CA 91606
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Listed by Randy Hui, DRE #02184420 • Realty One Group United
$1,675,000
Est. payment /mo
6,543 Sqft Lot
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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

**INTEREST RATE BUYDOWN PROVIDED BY SELLER TO LOWER BUYER'S MORTGAGE PAYMENTS!** NEW, 100% OCCUPIED 4-UNIT PREMIUM INCOME PROPERTY in the strong North Hollywood rental market offering a STABILIZED 5.96% CAP RATE and 12.59 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 and trash. All new electrical, plumbing, HVAC, appliances and fixtures 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 with more communal amenities, 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, NoHo West, shops, parks and transit. With gross rents over $11k monthly and nearly $128k annually, this turn key propert

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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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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6441 Satsuma AVE