5544 Elmer Ave, North Hollywood, CA

Multi-family for Sale - $1,800,000 - 3,972 Sq. Ft. on 0.15 acres


Agent Info

Katherine Constanzo
Coldwell Banker Realty

Property Info

CIMLS#1181543
Location
  5544 Elmer Ave
  North Hollywood CA 91601
UpdatedSeptember 18th, 2025
TypeMulti-family
Price$1,800,000
Building3,972 Sq. Ft.
Land0.15 acres

Property Description

6 UNIT APARTMENT COMPLEX FOR SALE

Multi-Family Opportunity - 6-Unit Investment | NoHo Arts District

Property Overview:

Units: 6 residential units

- 2 Beds / 1.5 Bath - 1 unit

- 1 Bed / 1 Bath - 3 units

- Studio / 1 Bath - 2 units

Parking: 6 spaces (2 are tandem — total capacity for 8 vehicles)

Access: Gated and secured for tenant safety and peace of mind

Laundry Income: On-site coin-operated washers and dryers generating approximately $350/month in additional income

Utilities:

- Tenant pays: Electricity and gas

- Landlord pays: Water, trash, and common-area lighting

Storage: Ample storage space for tenants

No Smoking Policy: Maintains cleanliness and minimizes property wear

Location & Accessibility:

- Situated in the NoHo Arts District, known for its theaters, galleries, vibrant dining, and creative energy

- Transit: Exceptionally transit-friendly — North Hollywood Metro Station is just 0.3 miles away (~5-minute walk). This includes access to both the Red Line (B Line) subway and the G Line Bus Rapid Transit system

- Walkability & Transit Quality:

Walk Score: 90 — a walker’s paradise

Transit Score: 67 — excellent transit access

Bike Score: 77 — very bikeable


Financials



Similar Listings