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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,425,000

Est. payment | -/mo

11 Beds

10 Baths

4,270 SqFt

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$ 2,425,000

Est. payment | -/mo

Save

11 Beds

10 Baths

4,270 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,270 sqft

Price per Sqft $567

MLS Listing ID 26849867

Bedrooms 11

HOA Y/N No

Year Built 2021

Lot Size 5,000 Sqft

Property Description

Currently operating as a successful Airbnb with a strong rental history. Seller-provided financials reflect strong cash flow with an estimated CAP RATE of 6.65%! This is a rare newer-construction fourplex, certificate of occupancy was issued in 2023 and thoughtfully designed across two separate buildings in the heart of North Hollywood. Featuring approximately 4,270 square feet of living space on a 5,000 square foot lot, this exceptional investment opportunity offers a desirable unit mix of spacious two- and three-bedroom residences designed to meet today's rental demand. Each unit showcases contemporary finishes, open-concept living spaces, large in-unit washer and dryers, separate utility metering, and private outdoor areas, creating an attractive living experience for both short-term and long-term tenants. The gated property offers eight parking spaces and low-maintenance newer construction, providing investors with a turnkey asset and reduced future capital expenditures. Ideally located just minutes from NoHo West, the NoHo Arts District, Universal Studios, major employment centers, dining, entertainment, and convenient transportation options, the property benefits from strong rental demand and continued neighborhood growth. Whether you're seeking a high-performing income property, a 1031 exchange opportunity, or a long-term hold in one of Los Angeles' most dynamic rental markets, 5853 Vineland Ave delivers the perfect combination of modern construction, prime location, and investment potential.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Inclusions all furniture items are included.

Fireplace No

Appliance Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Gated, Private

Community Features Gated

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Architectural Style Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2337022002

Security Features Gated Community

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Brian Wall Christie's International Real Estate SoCal #02175989

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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5853 Vineland AVE North Hollywood, CA 91601