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…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 and individually metered gas and electricity. 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.
Facts & Features
Interior
Bedrooms & bathrooms
Bedrooms: 15
Bathrooms: 15
Full bathrooms: 0
1/2 bathrooms: 0
Cooling
Cooling: Central Air
Appliances
Included: Dishwasher, Gas Range, Microwave, Refrigerator
Laundry: In Carport
Interior area
Total structure area: 8,170 sqft
Total interior livable area: 8,170 sqft
Property
Parking
Total spaces: 11
Parking features: Controlled Entrance, Private
Features
Has private pool: No
Has view: No
Lot
Size: 0.14 Acres
Details
Parcel number: 2416028041
Zoning: LAR3
Construction
Type & style
Home type: Residential Income
Architectural style: Contemporary
Condition
Year built: 2006
Location
Mike Zwarg
Broker / Owner
951.528.0626 mike@mzhomes.us
Listing Office: Christie's International Real Estate SoCal · Listing Agent: Jordana Leigh · CRMLS
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