Millman Team Real Estate

$1,750,000
0.15 Acre Lot

6441 Satsuma Avenue, North Hollywood, California 91606

  • Residential Income Property Type
  • Driveway Cars Garage
  • 1950 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
DW26127331
$1,750,000
None
1950
0.15 Acre
Active
1
Quadruplex
: Asphalt, Membrane, Mixed
Features
: None
: Heat Pump, Central, High Efficiency, Ductless, ENERGY STAR Qualified Equipment
: Central Air, High Efficiency, Heat Pump, Ductless, ENERGY STAR Qualified Equipment
: Wood, Block, Good Condition, New Condition
: None
: Driveway, Paved, On Street, Uncovered
: Modern, Mediterranean, Contemporary
: Rain Gutters
: Vinyl
: Primary Suite, Walk-In Closet(s), High Ceilings, Open Floorplan, Recessed Lighting, Quartz Counters
: Inside, Washer Hookup, Electric Dryer Hookup
: Public Sewer
: Electricity Connected, Sewer Connected
: Double Pane Windows, Skylight(s), ENERGY STAR Qualified Windows
$0
Appliances
: Dishwasher, Microwave, Water Heater, Electric Range, Electric Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Range Hood, Vented Exhaust Fan, Electric Water Heater, High Efficiency Water Heater
Address Map
CA
Los Angeles
North Hollywood
91606
Satsuma
6441
Avenue
W119° 37' 57.7''
N34° 11' 16.5''
East
Two blocks east of Vineland Ave, 1/2 block north of Victory Blvd on Satsuma Ave.
NHO - North Hollywood
Additional Information
$0
$0
$0
$0
$0
: Accessible Doors
3282
: Street Lights, Suburban
: Drywall, Glass, Stucco, Asphalt, Ducts Professionally Air-Sealed
220 Volts in Kitchen,220 Volts in Laundry
1
: Slab
: One
: Back Yard, Front Yard, Sprinkler System, Landscaped, Paved, Lawn, Drip Irrigation/Bubblers, Sprinklers Timer, Near Public Transit, Street Level, Sprinklers In Rear, Sprinklers In Front
4
2026-06-11
1
1
: Public
Broker/Agent Information
Realty One Group United
Randy Hui
Financial
9875.04
Listing Information
DWHUIRAN
DWROG
Cash,Cash to New Loan,Conventional,1031 Exchange
Active
2026-06-12T15:23:24Z
CRMLS
: Standard
2026-06-11T14:25:18Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us