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.
AGENT: Enrique Viramontes LISTING BROKERAGE: Remax Commercial and Investment Realty
Courtesy of Remax Commercial and Investment Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 5622 Willowcrest AV
North Hollywood, CA
Property Details
Price:
$2,250,000
MLS #:
26666147
Status:
Pending
Beds:
11
Baths:
8
Type:
Single Family
Neighborhood:
nhonorthhollywood
Listed Date:
Mar 20, 2026
Finished Sq Ft:
5,095
Total Sq Ft:
5,095
Lot Size:
6,760 sqft / 0.16 acres (approx)
Year Built:
2025
NewconstructionNho – North HollywoodNhonorthhollywood
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Schools
Interior
Cooling
CA
Heating
CF
Levels
U
Exterior
Parking Spots
8
Parking Total
8
Financial
Gross Operating Income
$175,824
Net Operating Income
$130,506
Map
Community
- Address5622 Willowcrest AV North Hollywood CA
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91601
