Homes for sale - 5626 Willowcrest AVE, North Hollywood, CA 91601

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Ben Dodge

bendodge@kw.com +1(408) 829-1074

Listed by Elizabeth Maddox • Myunits.com Inc.

$ 2,595,000

Est. payment | -/mo

6,760 Sqft Lot

Save

$ 2,595,000

Est. payment | -/mo

Save

6,760 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRBB25019276

Style Contemporary

Originating Board California Regional MLS

Year Built 2017

Lot Size 6,760 Sqft

Property Sub-Type Fourplex

Property Description

5626 Willowcrest Ave is a rare, non-rent controlled 2017 construction fourplex located in the highly desirable NoHo Arts/Toluca Woods Adjacent area, offered at an incredible price of $2,595,000! Finding newer construction in this price range-especially in such a prime location-is almost unheard of. This property offers an impressive current cap rate of 4.92%, with a pro forma projection of 5.47% due to rapid growth in the rental market. The upside is undeniable, as the NoHo/Toluca Lake area continues to thrive with high rental demand fueled by low inventory. Situated on a quiet, residential street, this property is just moments away from Toluca Lake, the NoHo Arts District, and Burbank, providing tenants with unbeatable convenience and access to some of LA's most sought-after neighborhoods. 5626 Willowcrest features two two-story duplexes comprised of two 3-bedroom, 2.5-bath units and two 3-bedroom, 2-bath units, along with 8 garage parking spaces conveniently accessed through a back alley, offering the best parking setup possible for tenants. The property also boasts stainless steel appliances, in-unit washers and dryers, large open floor plans, separate meters for gas, water, and electricity, and minimal maintenance. These features, combined with the prime location and st

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Rooms

Kitchen Dishwasher, Freezer, Garbage Disposal, Microwave, Oven Range - Gas, Oven - Gas

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Laminate

Laundry 30, Other, Washer, Dryer

Exterior

Parking Features Assigned Spaces, Garage

Garage Spaces 8.0

Pool 31, None

View Local/Neighborhood, City Lights

Building

Lot Description Grade - Level

Water District - Public

Architectural Style Contemporary

Others

Tax ID 2415023029

Special Listing Condition Not Applicable

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Ben Dodge

REALTOR® | Lic# DRE 01959374

bendodge@kw.com

+1(408) 829-1074

16780-A Lark Ave. Los Gatos, CA, 95032

5626 Willowcrest AVE North Hollywood, CA 91601

Ben Dodge

Key Details

Location

Rooms

Interior

Exterior

Building

Others

5626 Willowcrest AVE