Fourplex with Rear
For Sale
$1,050,000
5841 Tujunga Avenue, North Hollywood, CA 91601
MULTI_FAMILY - North Hollywood, CA
Property Size2,890 SF
Lot Size0.17 Acres
Price / SF$363.32
Days on Market336
Property Features for 5841 Tujunga Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1
Subdivision
NHO - North Hollywood
Special listing conditions
In Foreclosure
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
Laminate, Tile - Stone, Tile - Ceramic
Listing Agency:
Brent Andrew Hawker Broker
(805) 304-2996
Listed By:
Brent A Hawker · License #01424417
(180) 530-4299
Added: Sep 4, 2025
Changed: Jul 26
Last Checked: Aug 5 at 11:06PM
MLS# 225004537
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.
This fourplex offers multiple residential units with a history of capital improvements. Many units include modernized kitchens, remodeled bathrooms, upgraded flooring, recessed LED lighting, and efficient mini-split HVAC systems. Additional reported updates include a newer roof, copper plumbing and electrical, newer meters, and newer AC units, with dual-pane windows on half the units. Tenants are responsible for utilities, with the owner reporting no monthly expenses other than property taxes. The property also includes rear parking with garages.
The asset is located at 5841 Tujunga Avenue in North Hollywood, California (91601). The listing notes all units are currently month-to-month.
Unit readiness varies, with some units reportedly needing new cabinets. The overall condition and improvements provide a foundation for continued value-focused updates.
The asset is located at 5841 Tujunga Avenue in North Hollywood, California (91601). The listing notes all units are currently month-to-month.
Unit readiness varies, with some units reportedly needing new cabinets. The overall condition and improvements provide a foundation for continued value-focused updates.
Key Highlights
- 1941‑built fourplex with most units featuring modernized kitchens and remodeled bathrooms
- Upgraded flooring package includes laminate plus ceramic and stone tile; newer flooring reported in all rooms and bathrooms
- Recent major systems updates reported: new roof, copper plumbing, electrical, and newer meters in all units
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 |
2,890 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$721.0K
$630.9K – $841.2K
NOI $50,470 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$664.3K
$581.3K – $775.0K
NOI $46,502 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$1.55M
$1.35M – $1.81M
NOI $108,311 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,906
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex with updated interiors, in-unit recessed LED lighting, and rear parking with garages.
Where is this quadplex located?
The property is located at 5841 Tujunga Avenue North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 1941‑built fourplex with most units featuring modernized kitchens and remodeled bathrooms; Upgraded flooring package includes laminate plus ceramic and stone tile; newer flooring reported in all rooms and bathrooms; Recent major systems updates reported: new roof, copper plumbing, electrical, and newer meters in all units
