5912 Willoughby Avenue

Property Overview

The subject property is a twelve-unit multifamily asset located at 5912 Willoughby Avenue in the heart of Hollywood. Built in 1979 and zoned LAR3, the asset is governed by California's AB 1482 statewide rent cap rather than the stricter Los Angeles RSO. The unit mix comprises (1) Studio / 1-Bath and (9) 1-Bedroom / 1-Bath units, plus two brand-new ADUs (a 1 Bed, 1 Bath and a 2 Bed, 2 Bath), across 6,924 building SF on a 6,495 SF lot, of wood-frame and stucco construction with individually metered utilities and on-site parking. The building delivers strong in-place cash flow, and the two brand-new ADUs, now nearing completion, are positioned to capture top-of-market rents upon delivery.Positioned within one of Los Angeles' most dynamic and walkable submarkets, the property sits minutes from the region's largest employment base in media and entertainment, including Paramount Pictures, Netflix, and Sunset Bronson Studios, along with the Melrose Avenue dining and retail corridor and the boutiques of Larchmont Village. Hollywood remains a supply-constrained, high-demand rental market, drawing durable tenant demand from the surrounding studios, creative offices, and entertainment workforce.

Home Details

Property type: Residential Income
Year built: 1979
Living area: 6,924 sq ft
Lot size: 6,497 sq ft
Parking: 6 spaces
Stories: 2
Days on market: 80
MLS status: Active
Zoning: LAR3

Features & Amenities

Appliances

Microwave
Oven
Range
Refrigerator

Parking

Gated

Pool

None

Lot

Rectangular Lot

Security

Security Gate
Gated Community

Community, Schools & Utilities

Community

View: None

Utilities

Heating: WallFurnace
Cooling: WallWindowUnits
Sewer: Other

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Location & Neighborhood

Los Angeles, CA 90038

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Frequently Asked Questions About 5912 Willoughby Avenue

Property type: Residential Income

The current asking price is $2,750,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 5912 Willoughby Avenue. Our team will confirm availability and timing.

This 10 bedrooms and 12 bathrooms property offers approximately 6,924 square feet of living space. It was built in 1979. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 80 days. Status can change, so verify availability before relying on it.