Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

9,052 sqft

Lot size

13,444 sqft

Year built

2020

Stories

2

Heating

Central

Cooling

Central Air

Status

Active

Days on market

8

MLS #

245507765

About this property

Turnkey newer construction fourplex in prime North Hollywood. Situated on two separate APNs with secure gated entry. This premier property features two detached duplexes totaling approximately 9,052 square feet of pristine living space on a massive 13,440 square foot lot. Delivering a total of 16 bedrooms and 16 bathrooms across four ultra spacious townhome style residences. Each unit features open concept living areas, high ceilings, recessed LED lighting, abundant natural light, and hardwood floors. Kitchens are equipped with custom cabinetry and quartz countertops. The layout includes a ground level wet bar with a full bath, plus an upper level primary suite, three additional bedrooms, and a versatile family room with a private balcony. Property amenities include private attached garages, separate meters for gas, water, and electric, individual HVAC systems, in unit laundry, and drought tolerant landscaping. Located on a quiet residential street just minutes from the vibrant NoHo Arts District. This asset delivers strong in place rental income and excellent long term appreciation potential.

Location

5637 - 5641 Riverton Avenue

North Hollywood, Los Angeles, CA, 91601