The subject property is a luxury, 2018-constructed fourplex located in the heart of North Hollywood. This rare investment opportunity offers a modern, high-yield asset with NO RENT CONTROL (exempt from Los Angeles RSO), allowing for market-rate rental increases and significant long-term appreciation.
The building features an exceptional unit mix consisting of two massive 3-bedroom, 2-bathroom units and two expansive 4-bedroom, 3-bathroom units. Each residence is designed with high-end finishes, including:
• Modern Kitchens: Sleek island kitchens with quartz countertops and stainless steel appliances.
• Designer Interiors: Open-concept floor plans featuring recessed lighting, vaulted ceilings, and durable vinyl plank flooring.
• Convenience: In-unit laundry hookups, central A/C and heat, tankless water heaters, and private balconies/patios.
• Parking: Ample on-site parking (approx. 6–8 spaces) ensures ease for tenants in this high-demand area.
Situated just east of Lankershim Blvd and south of Vanowen St, the property is a 3-minute drive from the North Hollywood Metro Station and moments away from the multi-billion dollar NoHo West development.
• Walk Score: 80 (Very Walkable)
• Demand: The densely populated North Hollywood submarket ensures consistently low vacancy rates and expeditious lease-ups.