6441 Satsuma AV North Hollywood CA 91606 MLS #DW26127331

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.