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**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.
Property Type(s):
Residential Income
| Last Updated | 6/11/2026 | Year Built | 1950 |
|---|---|---|---|
| Community | NHO - North Hollywood | County | Los Angeles |
Additional Details
| AIR | Central Air, Ductless, ENERGY STAR Qualified Equipment, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Microwave, Range Hood, Vented Exhaust Fan, Water Heater |
| AREA | NHO - North Hollywood |
| CONSTRUCTION | Asphalt, Ducts Professionally Air-Sealed, Glass, Stucco |
| EXTERIOR | Rain Gutters |
| HEAT | Central, Ductless, ENERGY STAR Qualified Equipment, Heat Pump |
| INTERIOR | High Ceilings, Open Floorplan, Recessed Lighting, Walk-In Closet(s) |
| LOT | 6543 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Landscaped, Near Public Transit, Paved, Sprinklers In Front, Sprinklers In Rear |
| LOT DIMENSIONS | 6543 |
| PARKING | Driveway, Paved, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Contemporary, Mediterranean, Modern |
| TAXES | 9875.04 |
| UTILITIES | Electricity Connected, Sewer Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Realty One Group United
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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