6441 Satsuma Avenue, North Hollywood, California 91606, North Hollywood, 91606 - bed, bath

6441 Satsuma Avenue
North Hollywood, California 91606
Property Price
SUMMARY
Analysis of 6441 Satsuma Avenue, North Hollywood, California 91606 is currently available with a list price of $1,889,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation and expansion, including the addition of two new ADUs. It features all-new electrical, plumbing, HVAC systems, and appliances. The interior boasts premium contemporary finishes, vaulted ceilings, and modern kitchens and bathrooms, meeting the highest standards for a turnkey, newly renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Theodore Roosevelt Elementary School (9/10).
- Turnkey Investment Condition
The property features all-new electrical, plumbing, HVAC, and premium finishes, providing a maintenance-free, move-in-ready asset that minimizes immediate capital expenditures.
- High Revenue Potential
With a projected 6% CAP rate and proforma rents nearing $12,000 monthly, the diverse unit mix is perfectly positioned to command premium market rates in the high-demand North Hollywood area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3282, other record living area = 919.
- Recently Sold Property
The property was recently sold within the past year on 2025-05-20. The sold price is $689,000.00. The property was recently sold within the past year on 2025-05-19. The sold price is $650,000.00.
- Limited On-Site Parking
The property relies primarily on street parking, which may be a significant drawback for tenants in a four-unit complex who prioritize dedicated or secured off-street parking spaces.
About 6441 Satsuma Avenue
Incredible new 4-Unit premium income property in the high-demand North Hollywood rental market just minutes away from NoHo Arts District, shops, parks and transit. Unit mix consists of a duplex with (1) 3-bed/2-bath and (1) 1-bed/1-bath, and (2) 2-bed/1-bath ADUs in the building behind it. All units have separate electrical meters, entrances, addresses, dishwashers and in-unit laundry connections. Premium finishes, fully enclosed private yards, timeless contemporary design along with ample street parking enables buyer to command premium rents and longer term tenants. All new electrical, plumbing, HVAC and appliances minimize operating costs and offer peace of mind for years to come. Shared courtyard between buildings is spacious yet intimate and can be easily configured for more communal living or more separation and privacy. Owner occupants and house hackers will love the spacious 3-bed/2-bath unit with vaulted ceilings and primary ensuite. With proforma rents nearing $12k monthly/$143k annually, this 6% CAP property is turnkey ready to be an excellent addition to any investment portfolio.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1950
- Lot Size
- 6,543 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
North Hollywood Unified Schools
Fair Avenue Elementary School
Grades K-5 • 0.4 mi
Oxnard Street Elementary School
Grades K-5 • 0.6 mi
Maurice Sendak Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,282 | 2,954 | 60% |
| Lot Size | 6,543 | 7,500 | 40% |
| Price | $1.89M | $1.10M | 80% |
| Price per sq ft | $576 | $374 | 80% |
| Built year | 1950 | 1951 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 122 | 20% |
Pricing History
Listed for Sale
Feb 6, 2026
$1,889,000
Initial Listing
Sold
May 20, 2025
$689,000
Public Record
Sold
May 19, 2025
$650,000
Public Record



























