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$1,299,999
SR26162076 MLS ⋅ Active Status
Attention investors, builders, and developers! Four-plex rare opportunity on a corner lot 9,000 Sqft. Zoning LARD3-1, with an incredible opportunity to build up to 18 units, or you can choose to build 4 ADUs. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has an electrical and gas meter. Tenants are on a month-to-month lease. Per seller, there are two two-car garages, one rented at $500 a month, plus an extra monthly income for parking, tenants are not entitled to parking. With in-place rents below projected market levels, the asset offers immediate and long-term upside through rent growth, improved operations, and strategic repositioning. The property’s most compelling value-add is in the zoning and the large corner lot, providing you a huge opportunity to construct an additional four ADUs or start building a new 14,400 Sqft. complex with 18 units and 36 bedrooms! Just minutes from the Bob Burbank Airport, Hollywood, Universal Studios, and the newly built NOHO West Shopping Plaza; is one of the area's latest developments where you can find the Regal movie theatre, Trader Joe’s, Starbucks, restaurants, boutiques, etc. Per Zimas.lacity.org, the property is an "Eligible Site ED 1" and may be applied to a shelter or 100% Affordable Housing Project on the site (TOC). Eligible projects receive expedited processing, clearances, and approvals through the ED 1 Ministerial Approval Process. Please check with LADBS for the approved 2026 ADU California laws.

6944 Radford, North Hollywood
$1,750,000
DW26127331 MLS ⋅ Active Status
**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.

6441 Satsuma Avenue, North Hollywood
$3,290,000
SR26118465 MLS ⋅ Active Status
Introducing 5627 Riverton Ave — a stunning newer-construction four-unit townhome development completed in 2023, offering the perfect blend of modern luxury, architectural style, and exceptional investment potential in the heart of the highly sought-after NoHo Arts District. Thoughtfully designed with sophisticated contemporary finishes and strong income-producing appeal, this trophy property stands out as one of the best opportunities in North Hollywood. Each residence showcases bright open-concept living spaces with oversized windows that flood the interiors with natural light, creating a warm yet modern ambiance throughout. Designer kitchens feature custom cabinetry, sleek quartz countertops, stainless steel appliances, and stylish finishes that elevate everyday living. Spacious layouts, high ceilings, and premium craftsmanship provide the feel and comfort of luxury single-family living. The securely gated property offers ample parking with six dedicated spaces, including two assigned spots for each townhome and additional dedicated parking for the single-story units. Situated adjacent to a charming single-family neighborhood, the property offers privacy and a true residential feel while remaining moments away from the energy and excitement of the NoHo Arts District. Residents will enjoy close proximity to trendy restaurants, theaters, coffee shops, nightlife, and boutique retail, along with convenient access to the NoHo West Shopping Center, Metro, Metrolink, and the 101, 134, and 170 freeways for effortless commuting across Los Angeles. With strong rental demand, newer construction advantages, and an unbeatable location in the 91601 zip code, 5627 Riverton Ave presents a rare opportunity for investors seeking a turnkey asset with long-term upside and excellent cash-flow potential

5627 Riverton Avenue, North Hollywood
$1,285,000
BB26098181 MLS ⋅ Active Status
5629 Cleon Ave is a fully leased four-unit multifamily investment opportunity located on a quiet, tree-lined street in one of North Hollywood's most desirable pockets just moments from the NoHo Arts District. The property has recently been stabilized at 100% occupancy, providing investors with immediate cash flow from day one. Two of the four units have been leased on brand-new 2026 lease agreements, reducing near-term turnover risk while providing predictable income. The property's efficient four one-bedroom unit mix continues to attract strong tenant demand in one of Los Angeles' most sought-after rental submarkets. A standout feature of the offering is Unit D, which recently underwent an extensive renovation including updated flooring, countertops, designer bathroom finishes, and new appliances. Following completion of the renovation, the unit leased in just two days, demonstrating the strong rental demand and rent potential for upgraded units in the area. In addition to stable in-place income, the property offers meaningful value-add potential. Two units are currently leased below market rents, providing a clear path for future revenue growth through natural tenant turnover and rental increases. Current rents average $2,022 per month compared to an estimated market rent of approximately $2,250 per unit, creating built-in upside for future ownership. The property further benefits from separately metered gas and electric, on-site parking, recent exterior improvements including fresh paint and new landscaping, and a low-maintenance operating profile. Ideally located near the NoHo Arts District, North Hollywood Metro Station, Universal Studios, Warner Bros., and Disney, 5629 Cleon Ave presents a rare opportunity to acquire a stabilized asset with both strong current income and future upside in one of Los Angeles' most dynamic rental markets.

5629 Cleon, North Hollywood
$1,550,000
SR26045154 MLS ⋅ Active Status
Welcome to this prime fourplex in the heart of North Hollywood, just minutes from NOHO West. The property includes four units: 6153 and 6157, both 2-bed, 1-bath units with approx 850 sq ft and 837 sq ft; 6157 1/2, a 1-bed, 1-bath unit with approx 876 sq ft; and a newly built, fully updated ADU at 6159 with 1 bedroom and approx 324 sq ft. All units feature HVAC, laundry, separate electric and gas meters, and energy-efficient double pane windows and doors. 6153 and 6157 boast beautiful hardwood floors. Ideally located near Burbank Airport, NOHO Shopping Center, and with easy access to the 101, 170, and 5 freeways, this property offers close proximity to restaurants, a gym, and a movie theatre.

6153 Clybourn Avenue, North Hollywood

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.