North Hollywood Luxury
For Sale
$2,495,000
5622 Willowcrest Avenue, Los Angeles, CA 91601
New, vacant fourplex in NoHo Arts District with high-end finishes.
Property Size4,965 SF
Lot Size0.16 Acres
Price / SF$489.70
Days on Market281
Property Features for 5622 Willowcrest Avenue
General Information
Standard status
Active
Size
4,965 SF
Lot size
0.16 Acres
Property subtype
Multifamily
Site & Location
Neighborhood
North Hollywood
Building Details
Building Size
4,965 SF
Year Built
2025
Listing Agency:
Lee & Associates | Investment Services Group
Listed By:
Matthew Sullivan · License #00848427
(213) 623-0800
Source:
Lee-associates
Added: Jan 26
Changed: Oct 25
Last Checked: Nov 1 at 3:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Investment Services Group
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Investment Insights
Based on property information with market context.
The property at 5622 Willowcrest Avenue is a recently constructed, vacant fourplex located in North Hollywood, bordering the City of Burbank. The 5,095 square-foot multi-family property contains four units: three units with three bedrooms and two bathrooms each, and one unit with two bedrooms and two bathrooms. The buildings feature open floor plans, high ceilings, and spacious bedrooms. Each unit includes in-unit laundry hook-ups. The property is zoned RD1.5 and sits on a 6,760 square-foot lot. Onsite parking is available with 4 spaces. The property is located one block northwest from the corners of Burbank Boulevard and Cahuenga Boulevard, and is just minutes from the retail and restaurant amenities of the NoHo Arts District. The North Hollywood Metro Stop, located one mile away along Lankershim Boulevard, provides access to the B Line (Red) and G Line (Orange) station. The 134 and 170 Freeways are easily accessible. The property is located in the heart of the NoHo Arts District, near theaters, art galleries, and trendy eateries, as well as iconic studios like Universal Studios and Warner Bros. Studios. District NoHo, a new North Hollywood development, is coming soon to the neighborhood and will bring housing, office, and retail space. The design will include flexible open space with a performing arts pavilion intended to support small scale outdoor performances.
Key Highlights
- New, vacant luxury fourplex (built in 2025) offering immediate rental income potential.
- Desirable North Hollywood location bordering Burbank and within the NoHo Arts District, close to amenities and studios.
- Unit mix of (3) 3‑bedroom and (1) 2‑bedroom units, all with 2 baths, spacious bedrooms, high ceilings, and in‑unit laundry hook‑ups.
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
3,518
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - New, vacant fourplex in NoHo Arts District with high-end finishes.
Where is this quadplex located?
The property is located at 5622 Willowcrest Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: New, vacant luxury fourplex (built in 2025) offering immediate rental income potential.; Desirable North Hollywood location bordering Burbank and within the NoHo Arts District, close to amenities and studios.; Unit mix of (3) 3‑bedroom and (1) 2‑bedroom units, all with 2 baths, spacious bedrooms, high ceilings, and in‑unit laundry hook‑ups.
