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5622 Willowcrest AvenueNorth Hollywood, CA 91601

For Sale

$2,495,000

Smart Buyer Rebate $24,950

Brand-new luxury 4-plex located on a picturesque, tree-lined street near Toluca Terrace and Burbank, offering an outstanding investment opportunity just minutes from major studios. The property features three spacious 3-bedroom, 2-bath units and one 2-bedroom, 2-bath unit, thoughtfully designed across two separate buildings with minimal shared walls for added privacy. Each residence boasts soaring ceilings, open-concept layouts, generously sized bedrooms and bathrooms, in-unit laundry, and separate utility meters. Modern upgrades include brand-new solar panels and a four-car covered parking area with alley access. Delivered vacant and move-in ready, this turnkey property is ideal for attracting discerning tenants and maximizing rental income. Exceptional upside potential! Note: Each Unit has their own Water, Electric, Gas meter.

Listed by Philip Boroda

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License #00822192

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Coldwell Banker Realty

·

310-968-3844

Listed by Richard Hartzler

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License #00907499

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Coldwell Banker Realty

Last updated January 27, 2026

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Source: CRMLS #25545815

Listing Facts

  • TypeMulti-family
  • NeighborhoodNoho Arts District
  • Bedrooms11
  • Days on Prevu247
  • Size5,100 sqft
  • Price per sqft$489

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

01/27/2026
Status changed to Active
$2,495,000
01/27/2026
Status changed to In Contract
$2,495,000
01/17/2026
Status changed to Active
$2,495,000
10/26/2025
Status changed to Pending
$2,495,000
10/24/2025
Status changed to Removed from Feed
$2,495,000
10/23/2025
Status changed to Pending
$2,495,000
10/22/2025
Status changed to Removed from Feed
$2,495,000
10/08/2025
Status changed to Pending
$2,495,000
10/04/2025
Status changed to Active
$2,495,000
10/03/2025
Status changed to Removed from Feed
$2,495,000
09/17/2025
Price Decreased
$2,495,000
09/12/2025
Status changed to Active
$2,549,000
09/08/2025
Status changed to Removed from Feed
$2,549,000
09/07/2025
Status changed to Active
$2,549,000
09/05/2025
Status changed to Removed from Feed
$2,549,000
09/05/2025
Status changed to Active
$2,549,000
09/04/2025
Status changed to Removed from Feed
$2,549,000
08/26/2025
Price Decreased
$2,549,000
08/08/2025
Price Decreased
$2,595,000
07/26/2025
Status changed to Active
$2,695,000
07/25/2025
Status changed to Pending
$2,695,000
06/28/2025
Status changed to Active
$2,695,000
06/27/2025
Status changed to Removed from Feed
$2,695,000
05/29/2025
Listed by Coldwell Banker Realty
$2,695,000

Property Details for 5622 Willowcrest Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 4
  • Stories: 2
  • Stories Total: 2
  • Window Features: Double Pane Windows
  • Year Built: 2025

Features

  • Direction Faces: West
  • View: Courtyard

Measurements

  • Building Area Total: 5,100
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,762
  • Lot Size Dimensions: 50,130
  • Lot Size Square Feet: 6,762
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.5
  • Gross Income: $20,000.00

Taxes

  • Parcel Number: 2415023030

Interior

Features

  • Appliances: Disposal
  • Interior Features: Ceiling Fan(s), Walk-In Closet(s)

Measurements

  • Living Area: 5,100

Rooms

  • Bathrooms Total Integer: 8
  • Bedrooms Total: 11

Parking

Parking

  • Attached Garage: Yes
  • Carport: Yes
  • Parking Features: Attached Carport, Assigned, Electric Gate
  • Parking Total: 4

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Other

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 11 bedrooms in this multi-family home at 5622 Willowcrest Avenue.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 5622 Willowcrest Avenue.

How does 5622 Willowcrest Avenue compare to other multi-family homes in Noho Arts District?

This multi-family home is listed 0% above the average price for multi-family homes in Noho Arts District and has been on the market for 167 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,100 sqft.

5622 Willowcrest Avenue is a 11-bedroom multi-family home for sale in North Hollywood CA 91601. Listed on Prevu for 247 days at $2,495,000. This includes a recent price decrease of $54,000. This home features 5,100 square feet of living space, located in Noho Arts District. The median listing price for multi-family homes in this area is $1,245,000. Additional amenities include air conditioning and parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.