$1,750,000
About this home
**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.
Facts & features
- Interior features
- High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Primary Suite, Walk In Closets
- 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
- Flooring
- Vinyl
- Fireplace
- None
- Heating
- Central, Ductless, Energy Star Qualified Equipment, High Efficiency, Heat Pump
- Cooling
- Central Air, Ductless, Energy Star Qualified Equipment, High Efficiency, Heat Pump
- Laundry
- Washer Hookup, Electric Dryer Hookup, Inside
- Levels
- One
- Spa
- None
- Lot size
- 0.15 acres (6,543 sq ft)
- Pool
- None
- Architectural style
- Contemporary, Mediterranean, Modern
- Year built
- 1950
- Parking
- Driveway, Paved, On Street, Uncovered
- Parking spaces
- 2
- Area
- NHO - North Hollywood
- County
- Los Angeles
- Community features
- Street Lights, Suburban
- Status
- Active
- Property type
- Quadruplex
- Days on market
- 23
- Listed
- 2026-06-10
- Terms
- Cash, Cash To New Loan, Conventional, Exchange 1031
- Parcel #
- 2414030007
- MLS #
- DW26127331
