5241 Cahuenga Boulevard, North Hollywood, California 91601, North Hollywood, 91601 - 0 bed, 0 bath
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North Hollywood, California 91601
This Well-Maintained Toluca Woods Triplex is listed at $1,200,000, offering a stable entry point at its $1,200,000 Fair Market Value. Boasting an Updated Condition Rating, the property features a premium owner’s unit with Quartz Countertops and Hardwood Floors, plus two renovated units with private Patios. The rare Street-to-Street Lot Access, 3-Car Garage, and LAR3 Zoning provide significant long-term development upside near North Hollywood transit hubs. This turnkey asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality income property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5241 Cahuenga Boulevard Subject | $1,200,000* List Price | 0 | 0 | 2,710 | $443 | - |
A 5620 5618 Cartwright Avenue 2 Sold | $1,075,000 | 0 | 0 | 2,408 | $446 | 0.5 mi |
B 10802 Morrison Street Sold | $1,000,000 | 0 | 0 | 2,456 | $407 | 0.5 mi |
C 5658 Willowcrest Ave Active | $1,150,000 List Price | 0 | 0 | 2,395 | $480 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1947, the property is well-maintained and move-in ready with significant updates. All three units feature updated kitchens and bathrooms, hardwood flooring, and newer windows. The top-floor unit specifically boasts quartz countertops and modern appliances, indicating the property has been extensively renovated within the last 5 to 15 years.
Presenting a great Toluca Woods triplex ideally located near development and transit in North Hollywood. This well-maintained property is ideal for investors and has strong rents. The property offers a spacious backyard, rare street-to-street access, and a three-car garage (one two-car and one single-car). The updated second floor unit takes up the top floor of the building and features two bedrooms plus a den-- could be a 3rd bedroom or an office. Updates include kitchen cabinets with quartz countertops, dishwasher, stove, updated windows, hardwood floors, and washer/dryer hookups. The two lower one-bedroom, one-bath units have been updated with newer kitchens and baths, hardwood floors, and have outdoor patios. The zoning is LAR3—with a street to street lot the buyer should verify the development potential with the City. The building is fully occupied with good tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,710 | 3,046 | 50% |
| Lot Size | 5,550 | 6,750 | 10% |
| Price | $1.20M | $1.21M | 50% |
| Price per sq ft | $443 | $477 | 30% |
| Built year | 1947 | 1956 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 128 | 40% |
Jan 16, 2026
$1,200,000
Initial Listing
Oct 20, 2015
$800,000
Public Record