We are pleased to present 5622 Willowcrest Avenue in North Hollywood. This newly constructed four-unit apartment property presents a rare opportunity to acquire a turnkey, vacant multifamily asset in one of the most dynamic rental markets in Los Angeles. Thoughtfully designed and completed with modern finishes, the property consists of two separate residential buildings, each containing two units, providing tenants with increased privacy and limited shared walls. Each residence features contemporary layouts designed for modern living, including open floor plans, generous bedroom sizes, and in-unit laundry hookups. The property offers an attractive unit mix of three spacious three bedroom / two bath units and one two bedroom / two bath unit, catering to a wide range of renters including families, professionals, and roommates seeking larger living spaces. The buildings total approximately 5,095 square feet and sit on a 6,760 square foot lot, with covered onsite parking for each unit accessible from the rear alley.Situated near the vibrant NoHo Arts District, the property benefits from proximity to theaters, restaurants, cafes, and creative industry employers. The location also provides convenient commuter access via the nearby Metro B Line and major regional freeways including the Hollywood Freeway (CA-170) and Ventura Freeway (US-101 / CA-134). Major entertainment studios such as Universal Studios Hollywood and Warner Bros. Studios are just minutes away, supporting strong rental demand from industry professionals and local workforce tenants.
Listed by Enrique Viramontes
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License #01372010
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Remax Commercial and Investment Realty
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213-233-4363
Last updated April 15, 2026
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Source: CRMLS #26666147
Listing Facts
TypeMulti-family
NeighborhoodNoho Arts District
Bedrooms11
Days on Prevu44
Size5,095 sqft
Price per sqft$466
Amenities
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
03/18/2026
Listed by Remax Commercial and Investment Realty
$2,375,000
Property Details for 5622 Willowcrest Avenue
Exterior
Construction
Number Of Units Total: 4
Stories: 2
Stories Total: 2
Year Built: 2025
Measurements
Building Area Total: 5,095
Lot Size Acres: 0.15
Lot Size Area: 6,760
Lot Size Dimensions: 50,130
Lot Size Source: Other
Lot Size Square Feet: 6,760
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.42
Gross Income: $177,600.00
Taxes
Parcel Number: 2415023030
Interior
Measurements
Living Area: 5,095
Living Area Source: Other
Rooms
Bathrooms Total Integer: 8
Bedrooms Total: 11
Parking
Parking
Garage: Yes
Parking Features: Assigned, Covered, Garage, Tandem
Parking Total: 8
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
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 8 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 4% below the average price for multi-family homes in Noho Arts District and has been on the market for 36 less 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 5,095 sqft.
5622 Willowcrest Avenue is a 11-bedroom multi-family home for sale in North Hollywood CA 91601. Listed on Prevu for 44 days at $2,375,000. This residence features 5,095 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. Property 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.
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.