Fourplex With Rear
For Sale
$1,050,000
5841 Tujunga Avenue, North Hollywood, CA 91601
Residential Income, North Hollywood, CA
Property Size2,890 SF
Lot Size0.17 Acres
Price / SF$363.32
Days on Market411
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 4, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 4
Parking
4
Parking features
Garage
Subdivision
NHO - North Hollywood
Special listing conditions
In Foreclosure
Standard status
Active
APN
2338013023
Size
2,890 SF
Lot size
0.17 Acres
Utilities
Sewer type
Public Sewer
Building Details
Year built
1941
Floors in Building
1
Flooring type
Tile - Stone, Tile - Ceramic, Laminate
Listing Agency:
Brent Andrew Hawker Broker
Listed By:
Brent A Hawker · License #01424417
(805) 304-2996
Added: Sep 4, 2025
Changed: Oct 2
Last Checked: Oct 19 at 8:06PM
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.
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Investment Insights
Based on property information with market context.
This four-unit property contains 2,890 square feet on a 0.1734-acre lot and was built in 1941. Capital improvements include a newer roof, copper plumbing, electrical updates, newer meters, flooring throughout, remodeled bathrooms, recessed LED lighting, and newer air-conditioning units. Most units also feature updated kitchens, mini-split HVAC systems, and other interior improvements, while some cabinet work remains.
Parking is located behind the building with garage spaces. Dual-pane windows are installed in half of the units, and the property is served by public sewer. All units are currently leased month-to-month. Tenants cover water and other property expenses, while property taxes are paid by ownership. The property is located at 5841 Tujunga Avenue in North Hollywood, California.
Parking is located behind the building with garage spaces. Dual-pane windows are installed in half of the units, and the property is served by public sewer. All units are currently leased month-to-month. Tenants cover water and other property expenses, while property taxes are paid by ownership. The property is located at 5841 Tujunga Avenue in North Hollywood, California.
Key Highlights
- Four‑unit property with 2,890 square feet on a 0.1734‑acre lot
- 8.65 CAP Rate possible
- Newer roof, copper plumbing, electrical, meters, and flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,470
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,400
$1.0M
Cap Rate 7%
$721,000
$721.0K
Cap Rate 9%
$560,778
$560.8K
Market Conditions
NOI Build-Up for 2,890 SF
Gross rent
$78.0K $27.00/SF
− Vacancy
−$5.9K −$2.05/SF
EGI
$72.1K $24.95/SF
− OpEx
−$21.6K −$7.48/SF
NOI
$50.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,400
Cap Rate 7%
$721,000
Cap Rate 9%
$560,778
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.
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - All units are month-to-month, with tenants covering water and other property expenses.
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: Four‑unit property with 2,890 square feet on a 0.1734‑acre lot; 8.65 CAP Rate possible; Newer roof, copper plumbing, electrical, meters, and flooring throughout
