5237 Willowcrest Ave, Los Angeles, CA 91601

$3,495,000
15
BD
15
BA
8,170
SqFt

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List Price
$3,495,000
MLS#
26880413
Status
ACTIVE
Type
Multifamily
Bedrooms
15
Bathrooms
15
Living Area
8,170

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.

Additional Information

Year Built
2006
View
None
Garage
Controlled Entrance, Private Garage

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Calculator source: Real Geeks

Courtesy of Christie's International Real Estate SoCal, Jordana Leigh.

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