Description

We are pleased to present this fully stabilized 4-unit property in North Hollywood, featuring a rare mix of new construction and a thoughtfully remodeled primary residence. The property consists of a spacious 3-bedroom/2-bath main house, an attached SB9-converted unit, and two brand-new detached townhouse-style ADUs situated side by side at the rear of the lot, all currently occupied and generating strong in-place income. The two newly constructed ADUs offer modern two-story layouts with high-quality finishes, providing tenants with a single-family home feel and strong rental appeal. The front house has been updated while maintaining its original charm, while the attached SB9 unit adds additional income and flexibility. Each unit is well-appointed with private laundry and separately metered utilities, creating an efficient, low-maintenance investment with limited expense exposure. Centrally located in North Hollywood, the property is just minutes from the NoHo Arts District, with easy access to restaurants, retail, entertainment, and major commuter routes. With a solid in-place rent roll of approximately $12,740/month, this is an ideal opportunity for an investor seeking a turnkey asset with new construction appeal and strong long-term upside.