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New North Hollywood Income Property
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6441 Satsuma Avenue, North Hollywood, CA 91606

New 4-unit property near NoHo Arts District.

Property SizeContact for details
Days on Market188

Property Features for 6441 Satsuma Avenue

General Information

Standard status Active
Property subtype Multifamily
Zoning R1-1
Listing Agency: Realty One Group United
Listed By: Randy Hui · License #02184420
Source: Crexi
Added: Feb 5 Changed: Aug 8 Last Checked: Aug 8 at 6:40AM

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 Realty One Group United

Investment Insights

Based on property information with market context.

This new four-unit income property is located in the North Hollywood rental market, near the NoHo Arts District, shops, parks, and transit. The unit mix includes a duplex with one three-bedroom, two-bathroom unit and one one-bedroom, one-bathroom unit, as well as two two-bedroom, one-bathroom Accessory Dwelling Units (ADUs) in the building behind the duplex. Each unit features separate electrical meters, entrances, addresses, dishwashers, and in-unit laundry connections. The property has premium finishes, fully enclosed private yards, and a contemporary design. Ample street parking is available. All electrical, plumbing, HVAC, and appliances are new. A shared courtyard between the buildings offers space that can be configured for communal living or separation and privacy. The three-bedroom, two-bathroom unit features vaulted ceilings and a primary ensuite. The property is intended for use as a premium income property. The property is suitable for owner occupants.

Key Highlights

  • High‑demand North Hollywood location near NoHo Arts District, shops, parks, and transit
  • Turnkey 4‑unit income property with premium finishes and contemporary design
  • Strong income potential with proforma rents nearing $12k monthly/$143k annually (6% CAP)

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

1,949
Businesses Nearby

Demographics for 91606, CA

43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value

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?
Quadplex - New 4-unit property near NoHo Arts District.
Where is this quadplex located?
The property is located at 6441 Satsuma Avenue North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,889,000.
What are key features of this property?
This property features: High‑demand North Hollywood location near NoHo Arts District, shops, parks, and transit; Turnkey 4‑unit income property with premium finishes and contemporary design; Strong income potential with proforma rents nearing $12k monthly/$143k annually (6% CAP)
(310) 709-8898 Call to check price and availability
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