
North Hollywood, California 91606
This Turnkey Quadruplex Asset is a Strong Value Opportunity, listed at $1,595,000—positioned below the $1,613,269 Fair Market Value by 1%. This valuation offers $18,269 in Instant Equity. Featuring an Excellent Condition Rating, the property includes a Newly Built ADU, updated kitchens with Quartz Countertops, and Modernized Infrastructure with separate utility meters. Located near NOHO West and the 9/10 rated Theodore Roosevelt Elementary School, it ensures high tenant demand and lifestyle convenience. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6153 Clybourn Avenue Subject | $1,595,000* List Price | 0 | 0 | 2,877 | $561 | - |
A 6441 Satsuma Avenue Active | $1,889,000 List Price | 0 | 0 | 3,282 | $576 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations and includes a newly built ADU. All units feature modern kitchens with stainless steel appliances and quartz countertops, updated bathrooms with contemporary tiling, new HVAC systems, recessed lighting, and energy-efficient double-pane windows, meeting the highest quality standards.
Elementary School: Theodore Roosevelt Elementary School (9/10).
This quadruplex offers a versatile unit mix, including two spacious 2-bedroom units and a newly constructed, fully updated ADU, providing multiple rental revenue opportunities on a single lot.
The property features significant capital improvements including individual HVAC systems, in-unit laundry, separate utility meters, and energy-efficient double-pane windows, reducing landlord overhead and maintenance.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2877, other record living area = 2488.
The newly built ADU is approximately 324 square feet, which is relatively small and may limit the tenant profile to single occupants or short-term rental use.
With the original structures dating back to 1951, investors should anticipate potential long-term maintenance requirements typical of older buildings, despite recent cosmetic and system updates.
Welcome to this prime fourplex in the heart of North Hollywood, just minutes from NOHO West. The property includes four units: 6153 and 6157, both 2-bed, 1-bath units with approx 850 sq ft and 837 sq ft; 6157 1/2, a 1-bed, 1-bath unit with approx 876 sq ft; and a newly built, fully updated ADU at 6159 with 1 bedroom and approx 324 sq ft. All units feature HVAC, laundry, separate electric and gas meters, and energy-efficient double pane windows and doors. 6153 and 6157 boast beautiful hardwood floors. Ideally located near Burbank Airport, NOHO Shopping Center, and with easy access to the 101, 170, and 5 freeways, this property offers close proximity to restaurants, a gym, and a movie theatre.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
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 | 2,877 | 2,877 | 50% |
| Lot Size | 7,066 | 7,500 | 40% |
| Price | $1.59M | $1.10M | 80% |
| Price per sq ft | $554 | $374 | 80% |
| Built year | 1951 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 169 | 20% |
Mar 2, 2026
$1,595,000
Initial Listing
Jul 5, 2022
$1,281,000
Public Record