UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26127331
Construction Status Additions/Alterations,Building Permit,Updated/Remodeled
HOA Y/N No
Year Built 1950
Annual Tax Amount $9,875
Tax Year 2025
Lot Size 6,542 Sqft
Property Sub-Type Quadruplex
Property Description
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.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Rooms
Other Rooms Two On A Lot
Interior
Interior Features High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Primary Suite, Walk-In Closet(s)
Heating Central, Ductless, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
Cooling Central Air, Ductless, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance 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
Laundry Washer Hookup, Electric Dryer Hookup, Inside
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway, Paved, On Street, Uncovered
Fence Block, Good Condition, New Condition, Wood
Pool None
Community Features Street Lights, Suburban
Utilities Available Electricity Connected, Sewer Connected
View Y/N No
View None
Roof Type Asphalt,Membrane,Mixed
Accessibility Accessible Doors
Total Parking Spaces 2
Private Pool No
Building
Lot Description 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
Faces East
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Mediterranean, Modern
Level or Stories One
Additional Building Two On A Lot
New Construction No
Construction Status Additions/Alterations,Building Permit,Updated/Remodeled
Others
Senior Community No
Tax ID 2414030007
Security Features Carbon Monoxide Detector(s),Fire Sprinkler System,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION