5853 Vineland Ave, North Hollywood, CA 91601
5853 Vineland Ave, North Hollywood, CA 91601
5853 Vineland Ave, North Hollywood, CA 91601
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$2,425,000
Est. payment /mo
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11 Beds
10 Baths
4,270 SqFt
New

5853 Vineland Ave North Hollywood, CA 91601

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,270 sqft

Price per Sqft $567

MLS Listing ID 26849867

Style Modern

Bedrooms 11

Year Built 2021

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Multi-Family

Property Description

Currently operating as a successful Airbnb with a strong rental history. Seller-provided financials reflect strong cash flow with an estimated CAP RATE of 6.65%! This is a rare newer-construction fourplex, certificate of occupancy was issued in 2023 and thoughtfully designed across two separate buildings in the heart of North Hollywood. Featuring approximately 4,270 square feet of living space on a 5,000 square foot lot, this exceptional investment opportunity offers a desirable unit mix of spacious two- and three-bedroom residences designed to meet today's rental demand. Each unit showcases contemporary finishes, open-concept living spaces, large in-unit washer and dryers, separate utility metering, and private outdoor areas, creating an attractive living experience for both short-term and long-term tenants. The gated property offers eight parking spaces and low-maintenance newer construction, providing investors with a turnkey asset and reduced future capital expenditures. Ideally located just minutes from NoHo West, the NoHo Arts District, Universal Studios, major employment centers, dining, entertainment, and convenient transportation options, the property benefits from strong rental demand and continued neighborhood growth. Whether you're seeking a high-performing income property, a 1031 exchange opportunity, or a long-term hold in one of Los Angeles' most dynamic rental markets, 5853 Vineland Ave delivers the perfect combination of modern construction, prime location, and investment potential.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Inclusions all furniture items are included.

Equipment Microwave, Refrigerator, Range/Oven, Washer, Dryer

Exterior

Parking Features Private, Gated

Garage Spaces 8.0

Building

Story 2

Architectural Style Modern

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Christie's International Real Estate SoCal

Nearby Schools & Businesses

 

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5853 Vineland Ave