6441 Satsuma Avenue

North Hollywood, CA 91606

6,543 sq ft lot
Built 1950

Listed by: Realty One Group United · 310-709-8898

About this home

**INTEREST RATE BUYDOWN PROVIDED BY SELLER TO LOWER BUYER'S MORTGAGE PAYMENTS!**

NEW, FULLY LEASED 4-UNIT PREMIUM INCOME PROPERTY in the strong North Hollywood rental market offering a STABILIZED 5.83% CAP RATE and 13.15 GRM! Unit mix consists of a duplex with (1) 3BD/2BA and (1) 1BD/1BA unit, and (2) 2BD/1.5BA ADUs in the building behind it. Construction just completed February 2026 (ADUs are ALL NEW construction, Duplex was completely renovated down to the studs). All units have separate electrical meters, entrances, addresses, dishwashers and in-unit laundry connections. Tenants PAY ALL utilities, trash and lawncare. 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. Premium finishes, fully enclosed private yards, timeless contemporary design along with ample street parking enables buyer to command premium rents and longer term tenants. Superb Burbank adjacent location on a quiet residential street just minutes away from NoHo Arts District, shops, parks and transit. With gross rents over $11k monthly and $133k annually, this turn key property would be an superb addition to any investment portfolio.

Home details

Interior

Levels: One
Flooring: Vinyl
Appliances: High Efficiency Water Heater, Electric Oven, Electric Water Heater, ENERGY STAR Qualified Appliances, Range Hood, Electric Range, Dishwasher, Vented Exhaust Fan, Microwave, ENERGY STAR Qualified Water Heater
Interior features: Quartz Counters, High Ceilings, Recessed Lighting, Open Floorplan
Laundry: Inside, Electric Dryer Hookup, Washer Hookup
Fireplace: None
Cooling: Central Air, Heat Pump, Ductless, High Efficiency, ENERGY STAR Qualified Equipment
Heating: Heat Pump, Ductless, High Efficiency, Central, ENERGY STAR Qualified Equipment

Exterior & lot

Lot size: 6,543 sq ft (0.15 acres)
Lot features: Sprinklers In Front, Level with Street, Paved, Lot 6500-9999, Landscaped, Near Public Transit, Sprinklers Timer, Sprinklers Drip System, Front Yard, Sprinkler System, Back Yard, Lawn, Sprinklers In Rear
View: None
Pool: None
Garage spaces: 0
Parking: Paved, Driveway, Open, On Street
Common walls: 1 Common Wall, No One Below, No One Above
Security: Fire Sprinkler System, Carbon Monoxide Detector(s), Smoke Detector(s)

Property & community

Property type: Quadruplex
Year built: 1950
Community: Street Lights, Suburban
County: Los Angeles
MLS #: DW26127331
Listed: Jun 11, 2026

Location

Listed by: Realty One Group United · 310-709-8898

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 6, 2026 3:30 am.