5237 Willowcrest Avenue, Los Angeles, California, United States, 91601

3,495,000
for Sale
6,010

About the property:

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.
Property Type:
Multi-Family Home
Status:
for Sale
House Style:
Contemporary
Acres:
0.138
Square Feet:
8170
Directions:
Laurel Canyon Blvd to Magnolia Blvd, east to Willowcrest Ave.
Is Art:
Yes
Is Bed:
Yes
Is Entertainment:
Yes
Is I C I:
Yes
Is Investment:
Yes
Is Multiple:
Yes
Is Multi Family:
Yes
Is Parking:
Yes
Is Storage:
Yes
Is Spa:
Yes
Is Unit:
Yes
Listing ID:
26880413

Rooms

Dimensions

Brokered by:
Christies International Socal
Presented By:

Trevor Pashley

Realtor

Christies International SoCal