6441 Satsuma Avenue, North Hollywood, CA 91606
- $1,750,000
List Agent Randy Hui () 310-709-8898 Realty One Group United; CoList ()
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- DW26127331
- Year Built
- 1950
- Lot Size
- 6,543
- 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
- 46
- 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.
/u.realgeeks.media/ornaered/Elite-Residential-Realty-transparent.png){kind=spacer}
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
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.