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For SaleLuxury

$1,675,000

6,543 sqft$256/sqft150 days on market

6441 Satsuma Avenue

North Hollywood, CA 91606

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

6,543

Square feet

1950

Built

Listing narrative

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 property would be an superb addition to any investment portfolio.

Listing agent (MLS): Randy Hui · Listing brokerage (MLS): Realty One Group United

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,675,000

Beds

Beds n/a

Type

House

Home Size

6,543 sqft

Baths

Baths n/a

Lot Size

0.15 acres

Year

1950

Status

For Sale

Days on Market

150

$ / Sqft

$256

· 8% down, 7% APR, 30yr fixed
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Courtesy of Realty One Group United