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Two-Residence Multifamily Property
For Sale
$1,349,000

5262 N Willowcrest Ave, Los Angeles, CA 91601

Residential Income, Mid-Century, Los Angeles, CA

Property Size1,921 SF
Lot Size0.09 Acres
Price / SF$702.24
Days on Market52

Property Features for 5262 N Willowcrest Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 5
Bathrooms 4
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Game Room, Bedroom 5, Den, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 2
Parking 6
Parking features Garage, Assigned, Open, Driveway
Security features Security Lighting
Window features Shutters, Plantation Shutters, Blinds, Screens, Double Pane Windows
Patio and Porch features Deck, Patio
Interior features 220V Throughout, Drywall Walls, Sump Pump, Built-Ins, Mirrored Closet Door(s), High Ceilings (9 Feet+), Recessed Lighting, Two Story Ceilings, Wainscotting
Fireplace 1
Appliances Gas, Microwave, Cooktop - Gas, Oven-Gas, Self Cleaning Oven
Lot features Curbs, Back Yard, Exterior Security Lights, Fenced Yard, Gutters, Landscaped, Lot Shape- Rectangular, Lot- Level/ Flat, Sidewalks, Single Lot, Street Lighting, Street Paved, Utilities - Overhead, Redevelopment Area
Directions 1 block West of Cahuenga Blvd. Corner of Magnolia Blvd and Willowcrest Ave.
Subdivision North Hollywood
Standard status Active
APN 2416-028-024
Size 1,921 SF
Lot size 0.09 Acres

Utilities

Heating system Central
Cooling system Ceiling Fan(s), Central Air
Water source Public

Amenities

wood-burning stove
bamboo flooring
central heating and air conditioning
double-paned windows
ceiling fans
private deck
gas fireplace
custom solid-maple cabinetry
breakfast bar
bar
mini-split heating and air conditioning
wall bed
private patio
landscape lighting
garage door openers
laundry

Building Details

Year built 1948
Floors in Building 2
Number of units 3
Flooring type Wood, Bamboo, Marble, Hardwood, Carpet, Tile - Ceramic
Roof type Rolled Hot Mop
Architectural style Other
Listing Agency: Keller Williams Realty Los Feliz
Listed By: Mary Rita Schaub · License #02053461
Added: Aug 17 Changed: Sep 27 Last Checked: Oct 7 at 11:06PM
MLS# 26871603

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property brings together two residences and a separate ground-level recreation room on a 0.0864-acre lot. The homes were built in 1948 and 1954. One includes two bedrooms, a deck, central heating and air conditioning, and a two-car garage below. The other features a loft, two bedrooms, a gas fireplace, and a kitchen with custom maple cabinetry. The recreation room has a bar, laundry, mini-split heating and air conditioning, and a wall bed that converts to a desk. A patio sits between the residences, and the property has approximately 8-foot perimeter fencing. Zoning is LAR3.

The property is one block west of Cahuenga Blvd. Universal Studios Hollywood is approximately 2.5 miles away. The two residences have separate addresses; garage parking is also provided.

Key Highlights

  • Two residences and a separate recreation room on a 0.0864‑acre lot
  • Homes built in 1948 and 1954
  • One residence includes a two‑car garage, two bedrooms, and an outdoor deck

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Daycare Center Storage Facility Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,663
Businesses Nearby

Demographics for 91601, CA

39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - A ground-level recreation room and shared patio complement the two residences.
Where is this multifamily property located?
The property is located at 5262 N Willowcrest Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Two residences and a separate recreation room on a 0.0864‑acre lot; Homes built in 1948 and 1954; One residence includes a two‑car garage, two bedrooms, and an outdoor deck
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