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$ 3,495,000
Est. payment | /mo
8,170 SqFt
$ 3,495,000
Est. payment | /mo
8,170 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,170 sqft
Price per Sqft $427
MLS Listing ID CL26880413
HOA Y/N No
Year Built 2006
Lot Size 6,010 Sqft
Acres 0.138
Property Sub-Type Other
Property Description
Exceptional investment opportunity in the heart of North Hollywood. Built in 2006, this well-maintained 5-unit multifamily property features five spacious 3-bedroom residences, currently 100% occupied and generating $19,400 in monthly rent. Each residence offers generous living space, central air conditioning, in-unit washer/dryer, multiple private balconies and abundant storage. Additional highlights include a rooftop area, secure entry, gated parking, security system, individually metered gas and electricity, and separate APNs for each residence, offering added flexibility for future individual resale. Ideally located near the vibrant NoHo Arts District, dining, entertainment and major Metro connectivity. With newer construction, oversized floor plans, strong occupancy and highly desirable resident amenities, 5237 Willowcrest presents an attractive opportunity for investors seeking a stabilized multifamily asset in a high-demand North Hollywood location.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Fireplace No
Laundry Other
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 2416028041
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Listed by Jordana Leigh • Christie's International Real Estate SoCal
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