$2,375,000
We are pleased to present 5622 Willowcrest Avenue in North Hollywood. This newly constructed four-unit apartment property presents a rare opportunity to acquire a turnkey, vacant multifamily asset in one of the most dynamic rental markets in Los Angeles. Thoughtfully designed and completed with modern finishes, the property consists of two separate residential buildings, each containing two units, providing tenants with increased privacy and limited shared walls. Each residence features contemporary layouts designed for modern living, including open floor plans, generous bedroom sizes, and in-unit laundry hookups. The property offers an attractive unit mix of three spacious three bedroom / two bath units and one two bedroom / two bath unit, catering to a wide range of renters including families, professionals, and roommates seeking larger living spaces. The buildings total approximately 5,095 square feet and sit on a 6,760 square foot lot, with covered onsite parking for each unit accessible from the rear alley.Situated near the vibrant NoHo Arts District, the property benefits from proximity to theaters, restaurants, cafes, and creative industry employers. The location also provides convenient commuter access via the nearby Metro B Line and major regional freeways including the Hollywood Freeway (CA-170) and Ventura Freeway (US-101 / CA-134). Major entertainment studios such as Universal Studios Hollywood and Warner Bros. Studios are just minutes away, supporting strong rental demand from industry professionals and local workforce tenants.
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Listed by Enrique Viramontes with Remax Commercial and Investment Realty (213) 817-1000
Property Type
Residential Income
Status
Active
MLS Number
26666147
Year Built
2025
Lot Size
6,761 sq ft