5841 Tujunga Avenue North Hollywood, CA 91601
MULTI_FAMILY - North Hollywood, CA
Property Features for 5841 Tujunga Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 1
- Standard status
- Active
- APN
- 2338013023
- Size
- 2,890 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1941
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic, Laminate, Tile - Stone
Listing agent Brent A Hawker License #01424417 (180) 530-4299
Listing office Brent Andrew Hawker Broker 224 E Country Club Dr Unit E, Simi Valley, CA (805) 304-2996
Listing date Sep 4, 2025
Copyright © 2026 Conejo Simi Moorpark Association of REALTORS. 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.
The property is located at 5841 Tujunga Avenue in North Hollywood, California (Los Angeles County). The seller states all units are currently month-to-month. Parking is provided in the back of the units with garages.
From an owner-operator or investor standpoint, operating expenses may be straightforward because the seller indicates there are no monthly expenses paid by the owner other than property taxes, with tenants covering everything including water. With month-to-month tenancy in place and numerous system-level renewals already completed, the property may fit buyers looking for a manageable, update-supported fourplex structure.
Key Highlights
- Fourplex built in 1941 with tile and laminate flooring, plus tile–stone finishes
- All units appear to have major renewals: new roof, copper plumbing, and electrical updates
- Bathroom renovations include newer tube and tile enclosures, and recessed LED lights in all units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.0k | $27.00 |
| − Vacancy | −$5.9k | −$2.05 |
| EGI | $72.1k | $24.95 |
| − OpEx | −$21.6k | −$7.48 |
| NOI | $50.5k | $17.46 |
