6662 Satsuma Avenue North Hollywood, CA $ 1,549,900
6662 Satsuma Avenue
$ 1,549,900
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6662 Satsuma Avenue

North Hollywood, CA, 91606
$ 1,549,900
Bedrooms6 Baths6.0 Sq 2,950

Monthly Estimate*

$ 10,827

Listed by Redfin
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Multi-Family Home for sale in North Hollywood, CA

for $1,549,900 with 6 bedrooms and 6 full baths. This 2,950 square foot home was built in 1957 on a lot size of 0.1689.

Welcome to 6662 Satsuma! Several units can/will be delivered vacant! All on market rent. A modern design 3 unit income property (Single family residence on title but property features an ADU & JADU) in the heart of vibrant North Hollywood! Great for a savvy investor or owner occupant. Situated in a prime location, this property features a main house with 3 bedrooms and 2 bathrooms spread across approximately 1350 square feet of living space. Additionally, an attached studio apartment (JADU) of approximately 400 square feet. Step into the newly constructed 2-story ADU/Back house spanning around 1200 square feet, complete with 3 bedrooms and 2 1/2 bathrooms. Each unit enjoys its own private backyard, perfect for relaxation or outdoor entertaining. This remarkable property sits on a spacious 7354 square feet lot. Let the pictures and video speak for themselves as you witness the beauty and functionality of this remarkable income property. With a rental income of over $10,000 per month, this property is not only versatile but also lucrative. Whether you're looking to generate income, live in one unit and rent out the others or seeking a multigenerational living setup, this property offers versatility. The proximity to major studios, entertainment hubs, shopping centers, and restaurants ensures convenience and desirability for tenants or homeowners alike. Adjacent to Burbank, this property benefits from its prime location while maintaining low maintenance requirements and impeccable condition. The property is fully gated and includes side by side parking for 4 cars. Pride of ownership shines through, making this property a fantastic investment opportunity that cannot be overlooked.Don't miss out on your chance to own a piece of North Hollywood's booming real estate market. Schedule a viewing today!

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Multi-Family Active

Price

$ 1,549,900

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1689

Year Built

1957

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

24360479

Days on Market

53

Features
General
Heating Central
Cooling CentralAir
Appliances Dishwasher Microwave Dryer Washer
Zoning LAR1
Garage Spaces 0.0
Architectural Style Other
Pool Features None
Year Built 1957
View None
Stories 1
Levels One Two
Gross Income 122400.0
County Los Angeles
Net Operating Income 113244.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Other Structures GuestHouse
Special Listing Conditions Standard
Status ActiveUnderContract
Directions in between Vanowen and Victory and Clybourn & Vineland
City North Hollywood
View Y/N N
Senior Community Y/N N
Open Parking Spaces 4.0
Total Units 3
MLS Area NHO - North Hollywood
Lot Size Square Feet 7356.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Street Name Satsuma
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 49
Standard Status ActiveUnderContract
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Interior
Flooring Laminate
Fireplace Features LivingRoom
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 6
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Exterior
Parking Features Driveway Gated
Total Parking 4.0
Lot Size Area 7356.0
Number of Buildings 2
Spa N
Building Area Total 2950.0
Lot Dimensions 52x136
Lot Size Acres 0.1689
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 6662
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* Excluded Features
List By
Redfin

Broker

(323) 944-1544

Phone

Affordability Calculator

$10,827
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,827
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$1,549,900 -1.59% Price Down
3/8/2024$1,575,000 Listed Price

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6662 Satsuma Avenue, North Hollywood, CA, 91606 is a Multi-Family Home for sale at $1,549,900 with 2,950 sqft and a lot size of 0.1689. 6662 Satsuma Avenue has 6 bedrooms, 6.0 baths, and was built in 1957. The property's zip code is 91606 which is in North Hollywood, CA