5622 Willowcrest Avenue, North Hollywood, California 91601, North Hollywood, 91601 - bed, bath
ACTIVE$2,695,000$5,095/sqft
5622 Willowcrest Avenue, North Hollywood, California 91601
0Bed
0Bath
5,095Sqft
6,762Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
New Construction & Modern Design: A brand-new luxury 4-plex built in 2025, featuring soaring high ceilings, open floorplans, spacious bedrooms and baths, in-unit laundry, and separate meters, appealing to discerning tenants.
Top Cons:
Absence of Scenic Views: The property explicitly states 'view: None,' which may not appeal to tenants or buyers who prioritize scenic outlooks.
Compared to the nearby listings
Price:$2.69M vs avg $1.65M (+$1,045,000)60%
Size:5,095 sqft vs avg 3,382 sqft60%
Price/sqft:$529 vs avg $47690%
More Insights
Built in 2025 (1 years old).
Condition: This property is a brand-new luxury 4-plex, built in 2025, as explicitly stated in the listing. The images confirm a modern aesthetic throughout, featuring new plank flooring, recessed lighting, fresh paint, and contemporary fixtures. The kitchens boast flat-panel wood-look cabinetry, white quartz countertops, and black hardware, indicative of current design trends. Bathrooms also feature modern vanities, quartz countertops, and sleek tile work with black fixtures. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria for a newly built property.
Year Built
2025
Close
-
List price
$2.69M
Original List price
$2.69M
Price/Sqft
$529
HOA
-
Days on market
-
Sold On
-
MLS number
SR25036230
Home ConditionExcellent
Features
View-
About this home
Burbank Adjacent! This brand-new luxury 4-plex, situated on a tree-lined suburban street near Toluca Terrace and Burbank, offers an exceptional investment opportunity close to major studios. Three units are 3 bedrooms + 2 baths and one unit is 2 bedrooms + 2 baths. Beautifully constructed with two separate buildings and limited shared walls, each unit features soaring high ceilings, open floorplans, spacious bedrooms and baths, in-unit laundry, and separate meters. Designed for discerning tenants, the property includes brand-new solar panels and a large four-car covered parking area accessible from the rear alley. Delivered vacant and move-in ready, this is a prime addition to any real estate portfolio. Spectacular upside potential!
P
Phil Boroda
Listing Agent
Condition Rating
Excellent
This property is a brand-new luxury 4-plex, built in 2025, as explicitly stated in the listing. The images confirm a modern aesthetic throughout, featuring new plank flooring, recessed lighting, fresh paint, and contemporary fixtures. The kitchens boast flat-panel wood-look cabinetry, white quartz countertops, and black hardware, indicative of current design trends. Bathrooms also feature modern vanities, quartz countertops, and sleek tile work with black fixtures. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria for a newly built property.
Pros & Cons
Pros
New Construction & Modern Design: A brand-new luxury 4-plex built in 2025, featuring soaring high ceilings, open floorplans, spacious bedrooms and baths, in-unit laundry, and separate meters, appealing to discerning tenants.
Prime Investment Opportunity: This quadruplex is a 'Residential Income' property with 'Spectacular upside potential!' and is 'Delivered vacant and move-in ready,' allowing for immediate income generation and tenant selection.
Strategic Location: Situated 'Burbank Adjacent!' and 'close to major studios' on a 'tree-lined suburban street,' ensuring strong tenant demand and desirability.
Energy Efficiency & Cost Savings: Equipped with brand-new solar panels and separate meters, reducing utility costs for tenants and enhancing the property's long-term value and appeal.
Ample Covered Parking: A large four-car covered parking area provides a significant and desirable amenity for tenants in an urban environment.
Cons
Absence of Scenic Views: The property explicitly states 'view: None,' which may not appeal to tenants or buyers who prioritize scenic outlooks.
Alley-Accessed Parking: While covered, the parking is 'accessible from the rear alley,' which can sometimes be less convenient or perceived as less secure than direct street-front access.
High Entry Price Point: The list price of $2.695 million represents a substantial capital investment, potentially limiting the pool of prospective buyers.