6441 Satsuma Avenue
Property Overview
**INTEREST RATE BUYDOWN PROVIDED BY SELLER TO LOWER BUYER'S MORTGAGE PAYMENTS!** NEW, FULLY LEASED 4-UNIT PREMIUM INCOME PROPERTY in the strong North Hollywood rental market offering a STABILIZED 5.83% CAP RATE and 13.15 GRM! Unit mix consists of a duplex with (1) 3BD/2BA and (1) 1BD/1BA unit, and (2) 2BD/1.5BA ADUs in the building behind it. Construction just completed February 2026 (ADUs are ALL NEW construction, Duplex was completely renovated down to the studs). All units have separate electrical meters, entrances, addresses, dishwashers and in-unit laundry connections. Tenants PAY ALL utilities, trash and lawncare. All new electrical, plumbing, HVAC and appliances minimize operating costs and offer peace of mind for years to come. Shared courtyard between buildings is spacious yet intimate and can be easily configured for more communal living or more separation and privacy. Premium finishes, fully enclosed private yards, timeless contemporary design along with ample street parking enables buyer to command premium rents and longer term tenants. Superb Burbank adjacent location on a quiet residential street just minutes away from NoHo Arts District, shops, parks and transit. With gross rents over $11k monthly and $133k annually, this turn key property would be an superb addition to any investment portfolio.
Home Details
- Property type
- Residential Income - Quadruplex
- Year built
- 1950
- Lot size
- 6,543 sq ft
- Parking
- 2 spaces
- Stories
- 1
- Days on market
- 23
- Cumulative days on market
- 147
- MLS status
- Active
- Architectural style
- Contemporary,Mediterranean,Modern
Features & Amenities
Interior
- High Ceilings
- Open Floorplan
- Quartz Counters
- Recessed Lighting
- Primary Suite
- Walk In Closets
Appliances
- Dishwasher
- Energy Star Qualified Appliances
- Energy Star Qualified Water Heater
- Electric Oven
- Electric Range
- Electric Water Heater
- High Efficiency Water Heater
- Microwave
- Range Hood
- Vented Exhaust Fan
- Water Heater
Parking
- Driveway
- Paved
- On Street
- Uncovered
Pool
- None
Lot
- Back Yard
- Drip Irrigation Bubblers
- Front Yard
- Sprinklers In Rear
- Sprinklers In Front
- Lawn
- Landscaped
- Near Public Transit
- Paved
- Sprinklers Timer
- Sprinkler System
- Street Level
Exterior
- Rain Gutters
Security
- Carbon Monoxide Detectors
- Fire Sprinkler System
- Smoke Detectors
Community, Schools & Utilities
Community
- View
- None
- Property tax (2025)
- $9,875.04
Utilities
- Heating
- Central,Ductless,EnergyStarQualifiedEquipment,HighEfficiency,HeatPump
- Cooling
- CentralAir,Ductless,EnergyStarQualifiedEquipment,HighEfficiency,HeatPump
- Electric
- Volts220InKitchen,Volts220InLaundry
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 6441 Satsuma 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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