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30830554
30830555

6441 Satsuma Avenue, North Hollywood, CA 91606

RH
CA 02184420
Realty One Group United
Listed by Realty One Group United
$1,889,000
122 days on market
Updated 33 days ago
Opportunity zone

6441 Satsuma Avenue

Details
APN 2414030007
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 5.85%
Buildings 2
Stories 2
Acreage 0.150
Zoning Assessor

Multifamily | 5.85% CAP | 4 Units

Marketing description

Incredible new 4-Unit premium income property in the high-demand North Hollywood rental market just minutes away from NoHo Arts District, shops, parks and transit. Unit mix consists of a duplex with (1) 3-bed/2-bath and (1) 1-bed/1-bath, and (2) 2-bed/1-bath ADUs in the building behind it. All units have separate electrical meters, entrances, addresses, dishwashers and in-unit laundry connections. Premium finishes, fully enclosed private yards, timeless contemporary design along with ample street parking enables buyer to command premium rents and longer term tenants. 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. Owner occupants and house hackers will love the spacious 3-bed/2-bath unit with vaulted ceilings and primary ensuite. With proforma rents nearing $12k monthly/$143k annually, this 6% CAP property is turnkey ready to be an excellent addition to any investment portfolio. **All units are currently vacant but lease-up is in progress.**
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Listing Contacts

RH
CA 02184420
Realty One Group United
Listed by Realty One Group United

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Additional Information

Name
Randy Hui
License
02184420
Brokerage
Realty One Group United
Brokerage Phone
562-228-4900
Title
Real Estate Salesperson
Brokerage Address
9001 Firestone Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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