$ 8,995,000
-
$8,995,000
Price -
5
Bed -
4
Bath -
22,880
SqFt
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About the Listing CLW-X82195 - CLW-C129697,CLW-C145450
5330 Satsuma Avenue presents a generational acquisition opportunity offered for the first time on the market since its development by the original owner. Meticulously maintained and in excellent condition, the property reflects a long-term commitment to quality ownership and offers investors a rare, turnkey asset in one of North Hollywood's most desirable rental enclaves. Completed in 2005, the asset is comprised of 20 luxury townhome-style residences featuring an attractive mix of fifteen two-bedroom, 2.5-bath units and five three-bedroom, 2.5-bath units. The multi-level design provides a level of privacy, scale, and livability more akin to single-family homes than traditional multifamily product an increasingly sought-after characteristic that supports tenant retention and premium rental positioning. Each residence is further enhanced by in-unit washer and dryer, aligning with modern renter expectations. The property is ideally positioned near the NoHo Arts District, one of Los Angeles' most dynamic and evolving submarkets. With a Walk Score of 89, residents benefit from immediate access to a curated mix of dining, retail, and entertainment offerings, fostering a highly walkable, lifestyle-driven environment that continues to attract a strong and stable tenant base. From an investment standpoint, 5330 Satsuma Avenue offers a compelling basis at approximately $393 per square foot well below replacement cost providing both downside protection and long-term upside potential in a market characterized by increasing barriers to entry. The asset is further complemented by 20 on-site storage units, delivering an additional revenue stream while enhancing overall tenant convenience. Combining irreplaceable location, differentiated design, and enduring physical quality, 5330 Satsuma Avenue represents a rare opportunity to acquire a best-in-class asset with strong in-place fundamentals and the potential for continued long-term growth.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
26671447
Year Built
2005
Total Square Footage
22,880
Lot/Acreage
0.42
County
Los Angeles
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 40
- Lot Dimensions: 45x135
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Gated
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2416008046
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
5330 Satsuma Ave North Hollywood, CA 91601
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