6441 Satsuma AvenueNorth Hollywood, CA 91606

Multi-Family · 3,282 Sq. ft. | 0.15 Acres
$1,750,000 Active

6441 Satsuma Avenue Overview

Time on Site:
18 days
Visits:
0

NEW 4-UNIT PREMIUM INCOME PROPERTY in the strong North Hollywood rental market offering a near FULLY STABILIZED 5.90% CAP and 13.03 GRM! THREE units have been LEASED and lease-up of the last unit is actively in progress. Unit mix consists of a duplex with (1) 3BD/2BA and (1) 3BD/2BA unit, and (2) 2BD/1.5BA ADUs in the building behind it. All units have separate electrical meters, entrances, addresses, dishwashers and in-unit laundry connections. Premium finishes, fully enclosed private yards, timeless contemporary design along with ample street parking enables buyer to command premium rents and longer term tenants. 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. Superb Burbank adjacent location on a quiet residential street just minutes away from NoHo Arts District, shops, parks and transit. Construction completed February 2026 (ADUs are ALL NEW construction, Duplex is 80-85% new construction). With proforma gross rents nearing $11k monthly and over $130k annually, this turn key property would be an superb addition to any investment portfolio.

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6441 Satsuma Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,282
  • Price/Sq.ft. $533
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Green Features

  • Green Energy Efficient: Appliances,Water Heater

Income/Expenses

  • Gross Income: 134280.0
  • Gross Scheduled Income: 134280.0
  • Insurance Expense: 4920.0
  • Maintenance Expense: 900.0
  • Net Operating Income: 103169.0
  • New Taxes Expense: 21262.0
  • Operating Expense: 27082.5

Building Information

  • New Construction: No
  • Year Built: 1950

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: NHO - North Hollywood
  • Postal City: NORTH HOLLYWOOD

Community/Development

  • Community Features: Street Lights,Suburban

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: All Utilities,Electricity,Grounds Care,Water

Tax Information

  • Tax Annual Amount: 9875.04
  • Tax Year: 2025

General Information

  • Disclosures: Accessory Dwelling Unit,Easement(s)
  • Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange
  • Parcel Number: 2414030007
  • Property Condition: Additions/Alterations,Building Permit,Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 3282.0
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: Accessible Doors
  • 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
  • Common Walls: 1 Common Wall,No One Above,No One Below
  • Door Features: Mirrored Closet Door(s),Sliding Doors
  • Electric: 220 Volts in Kitchen,220 Volts in Laundry
  • Entry Level: 1
  • Entry Location: Street
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Foundation Details: Slab
  • Interior Features: High Ceilings,Open Floorplan,Quartz Counters,Recessed Lighting,Primary Suite,Walk-In Closet(s)
  • Laundry Features: Washer Hookup,Electric Dryer Hookup,Inside
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s),Fire Sprinkler System,Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1
  • Window Features: Double Pane Windows,ENERGY STAR Qualified Windows,Skylight(s)

Exterior

Parking Information

  • Open Parking Spaces: 2.0
  • Parking Features: Driveway,Paved,On Street,Uncovered
  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 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
  • Lot Size Acres: 0.1502
  • Lot Size Area: 6543.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6543.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Contemporary,Mediterranean,Modern
    • Construction Materials: Asphalt,Drywall,Ducts Professionally Air-Sealed,Glass,Stucco
    • Direction Faces: East
    • Property Attached: Yes
    • Roof: Asphalt,Membrane,Mixed

    General Information

    • Exterior Features: Rain Gutters
    • Fencing: Block,Good Condition,New Condition,Wood
    • Number Of Units Leased: 0
    • Number Of Units Total: 4
    • Other Structures: Two On A Lot
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer
    • Utilities: Electricity Connected,Sewer Connected

    6441 Satsuma Avenue Neighborhood

    Community

    91606 (North Hollywood (los Angeles)) Demographics

    37
    Median Age
    13,465
    Population Density (per sq. mile)
    35%
    College Educated
    $54,649
    Estimated Median Income
    5,174
    Estimated Total Home Owners
    10,374
    Estimated Total Renters
    33% / 67%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    6441 Satsuma Avenue Monthly Cost

    $
    $ %
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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    6441 Satsuma Avenue Market Data

    Based on the last 30 days in this zip code

    $942,981
    Average List Price
    $557
    Average Price per Square Foot
    18
    Properties Sold
    81
    Average Days on Market
    187
    Properties for Sale
    Calculations provided by Reliance Network

    6441 Satsuma Avenue History

    Date Event Value Agent
    6/11/2026Source: CRMLS Added to Database
    June 11, 2026
    Listing provided courtesy of Realty One Group UnitedRandy Hui- MLS# DW26127331MLS ProviderContact Information: [email protected] - 562-228-4900
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