5237 Willowcrest Avenue
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 2006
- Living area
- 8,170 sq ft
- Lot size
- 6,010 sq ft
- Parking
- 11 spaces
- Stories
- 3
- Days on market
- 8
- MLS status
- Active
- Architectural style
- Contemporary
- Zoning
- LAR3
Features & Amenities
Appliances
- Dishwasher
- Gas Range
- Microwave
- Refrigerator
Parking
- Controlled Entrance
- Private
Pool
- None
Security
- Carbon Monoxide Detectors
- Security Gate
- Twenty Four Hour Security
- Smoke Detectors
Community, Schools & Utilities
Community
- View
- None
Utilities
- Heating
- Central
- Cooling
- CentralAir
Location & Neighborhood
Frequently Asked Questions About 5237 Willowcrest Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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