NEW 4-UNIT PREMIUM INCOME PROPERTY in the strong North Hollywood rental market offering a near FULLY STABILIZED 5.90% CAP and 13.03 GRM! THREE units have been LEASED and lease-up of the last unit is actively in progress. Unit mix consists of a duplex with (1) 3BD/2BA and (1) 3BD/2BA unit, and (2) 2BD/1.5BA ADUs in the building behind it. All units have separate electrical meters, entrances, addresses, dishwashers and in-unit laundry connections. Premium finishes, fully enclosed private yards, timeless contemporary design along with ample street parking enables buyer to command premium rents and longer term tenants. All new electrical, plumbing, HVAC and appliances minimize operating costs and offer peace of mind for years to come. Shared courtyard between buildings is spacious yet intimate and can be easily configured for more communal living or more separation and privacy. Superb Burbank adjacent location on a quiet residential street just minutes away from NoHo Arts District, shops, parks and transit. Construction completed February 2026 (ADUs are ALL NEW construction, Duplex is 80-85% new construction). With proforma gross rents nearing $11k monthly and over $130k annually, this turn key property would be an superb addition to any investment portfolio.
Listed by Randy Hui
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License #02184420
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Realty One Group United
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310-709-8898
Last updated June 12, 2026
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Source: CRMLS #DW26127331
Listing Facts
TypeMulti-family
NeighborhoodMid - Town North Hollywood
Days on Prevu5
Taxes$9,875.04/year
Amenities
Dishwasher
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
06/11/2026
Listed by Realty One Group United
$1,750,000
Property Details for 6441 Satsuma Avenue
Association
Amenities
Community Features: Street Lights, Suburban
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled
Roof: Asphalt, Membrane, Mixed
Stories: 1
Stories Total: 1
Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Skylight(s)
Year Built: 1950
Architectural Style: Contemporary, Mediterranean, Modern
Common Walls: 1 Common Wall,No One Above,No One Below
Construction Materials: Asphalt, Drywall, Ducts Professionally Air-Sealed, Glass, Stucco
Entry Level: 1
Entry Location: Street
Exterior Features: Rain Gutters
Features
Direction Faces: East
Fencing: Block, Good Condition, New Condition, Wood
Other Structures: Two On A Lot
Road Frontage Type: City Street
Measurements
Building Area Total: 3,282
Building Area Units: Square Feet
Lot Features: Back Yard, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Near Public Transit, Paved, Sprinklers Timer, Sprinkler System, Street Level
Lot Size Acres: 0.15
Lot Size Area: 6,543
Lot Size Source: Assessor
Lot Size Square Feet: 6,543
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.9
Gross Income: $134,280.00
Operating Expense: $27,082.50
Taxes
Parcel Number: 2414030007
Tax Annual Amount: $9,875.04
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Electric Oven, Electric Range, Electric Water Heater, High Efficiency Water Heater, Microwave, Range Hood, Vented Exhaust Fan, Water Heater
Flooring: Vinyl
Interior Features: High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Primary Suite, Walk-In Closet(s)
Other
Environmental
Green Energy Efficient: Appliances,Water Heater
Features
Accessibility Features: Accessible Doors
Location
Tax Lot: 8
Parking
Parking
Open Parking Spaces: 2
Parking Features: Driveway, Paved, On Street, Uncovered
Parking Total: 2
Utilities
Equipment
Cooling: Central Air, Ductless, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
Has Cooling: Yes
Electric: 220 Volts In Kitchen, 220 Volts In Laundry
Heating: Central, Ductless, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
Has Heating: Yes
Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 6441 Satsuma Avenue.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 6441 Satsuma Avenue.
What are the annual taxes for 6441 Satsuma Avenue?
Annual taxes for this multi-family home are estimated at $9,875.
How does 6441 Satsuma Avenue compare to other multi-family homes in Mid - Town North Hollywood?
This multi-family home is listed 24% below the average price for multi-family homes in Mid - Town North Hollywood and has been on the market for 73 less days than the typical home in this area.
6441 Satsuma Avenue is a -bedroom multi-family home for sale in North Hollywood CA 91606. Available on Prevu for 5 days at $1,750,000. This home is located in Mid - Town North Hollywood. The median listing price for multi-family homes in this area is $1,139,800. The home offers dishwasher, air conditioning, and parking. Browse more 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.