15-Bedroom Residential Income — 5237 Willowcrest Avenue, Los Angeles, CA
$3,495,000
5237 Willowcrest Avenue, Los Angeles, CA
About this property
Exceptional investment opportunity in the heart of North Hollywood. Built in 2006, this well-maintained 5-unit multifamily property features five spacious 3-bedroom residences, currently 100% occupied and generating $19,400 in monthly rent. Each residence offers generous living space, central air conditioning, in-unit washer/dryer, multiple private balconies and abundant storage. Additional highlights include a rooftop area, secure entry, gated parking, security system, individually metered gas and electricity, and separate APNs for each residence, offering added flexibility for future individual resale. Ideally located near the vibrant NoHo Arts District, dining, entertainment and major Metro connectivity. With newer construction, oversized floor plans, strong occupancy and highly desirable resident amenities, 5237 Willowcrest presents an attractive opportunity for investors seeking a stabilized multifamily asset in a high-demand North Hollywood location.
Property details
Location
5237 Willowcrest Avenue • Los Angeles, CA 91601
Listed by
Jordana Leigh · Christie's International Real Estate SoCal
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